Forums/NHL Signings

Edmonton Oilers signed Mike Smith (1 Year / $3,750,000 AAV)

Was this a good signing?
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Jul 1 at 1:37
#1
Mike Smith has signed a new contract with the Edmonton Oilers.
35+ CONTRACT
COMPARE THIS CONTRACT
LENGTH: 1 YEAR
EXPIRY STATUS: UFA
SIGNING TEAM: Edmonton OilersEdmonton Oilers
VALUE: $3,750,000
C.H.% : 2.45
SIGNING DATE: July 1, 2019
SOURCE: CapFriendly
SEASONCLAUSECAP HIT AAV P. BONUSES S. BONUSES BASE SALARY TOTAL SALARY MINORS SALARY
2019-20NTC$2,000,000$3,750,000$1,750,000$0$2,000,000$2,000,000$2,000,000
TOTAL$2,000,000$3,750,000$1,750,000$0$2,000,000$2,000,000$2,000,000
P. BONUS DETAILS: Games Played Bonus: $125,000 at each of the following levels (20, 25, 30, 35 gms) & $250,000 at each of the following levels (40, 45 gms) + Playoff Qualification & Rounds Won Bonus: $750,000 max earnable (broken down by qualifiaction, first 3 rounds won and gms won in those rounds)
CLAUSE SOURCE: CapFriendly
Jul 1 at 1:39
#2
Joined: Apr 2018
Posts: 79
Likes: 59
This was expected. The goalies switching Canadian teams are now fully confirmed.
Earfgang liked this.
Jul 1 at 1:39
#3
The evil stats guy
Joined: Jun 2018
Posts: 4,187
Likes: 1,751
Okkkkaaaaaayyyy....
EDM might have the least cost efficient goalie tandem in the league...
Jul 1 at 1:39
#4
AwesomeMatthews
Joined: May 2018
Posts: 693
Likes: 528
Quoting: EmperorFun
This was expected. The goalies switching Canadian teams are now fully confirmed.


Smith is getting to old now. The Oilers will probably regret this
Jul 1 at 1:39
#5
Joined: Dec 2017
Posts: 1,700
Likes: 700
His numbers were terrible on an excellent team last year. How's he gonna do w/ a bad team?
TheWolfe liked this.
Jul 1 at 6:08
#6
Joined: Mar 2019
Posts: 937
Likes: 949
Quoting: AwesomeMatthews
Smith is getting to old now. The Oilers will probably regret this


Probably yes and I'm not the biggest Mike Smith supporter anyway but truthfully, that D in front of all the goalies they've had the past few years has been complete ****.
Smith will end up looking bad because of that.
Jul 1 at 6:28
#7
Joined: Mar 2017
Posts: 233
Likes: 62
Edmonton finally signs a puck moving defenseman.
Earfgang liked this.
Jul 1 at 6:58
#8
Joined: Aug 2017
Posts: 1,499
Likes: 473
Edited Jul 1 at 7:10
Quoting: Random2152
Okkkkaaaaaayyyy....
EDM might have the least cost efficient goalie tandem in the league...


Quoting: EmperorFun
This was expected. The goalies switching Canadian teams are now fully confirmed.


Quoting: AwesomeMatthews
Smith is getting to old now. The Oilers will probably regret this


Quoting: Brian2016
His numbers were terrible on an excellent team last year. How's he gonna do w/ a bad team?


Quoting: oneX
Probably yes and I'm not the biggest Mike Smith supporter anyway but truthfully, that D in front of all the goalies they've had the past few years has been complete ****.
Smith will end up looking bad because of that.


Quoting: PrisonBull
Edmonton finally signs a puck moving defenseman.


PER TWITTER:

Mike Smith's performance bonus structure:

- $1,000,000 bonus for 20+ Games Played
- $1,000,000 bonus for 30+ Games Played
- $1,000,000 bonus for EDM Making Playoffs

Smith's Maximum Salary = $5,000,000

So if Koskinen gets injured ... Edmonton will have an $8,500,000 - $9,500,000 goalie tandem.
And $2,000,000 - $3,000,000 of this will carry over onto next years cap.

Which means that in 2020-21:

- Edmonton would have $6,500,000 - $7,500,000 committed to goalies (Koskinen being the only one signed).
- Edmonton will also have $3,800,000 remaining in buyout penalties (Sekera and Pouliot).
- Edmonton will also have $10,000,000 committed to Lucic and Russell.

Total Result Equals: roughly $21,000,000 comitted to Koskinen + Lucic + Russell for the 2020-21 season.
Brian2016 and Earfgang liked this.
Jul 1 at 11:51
#9
Joined: May 2017
Posts: 166
Likes: 21
If you look at his stats in previous seasons, he is insane when he faces a high number of shots, I think he is one of those goalies that needs a bad defense and he will be amazing but if he plays for a solid defense he gets lost in game flow.
Jul 2 at 10:48
#10
Joined: Jun 2017
Posts: 553
Likes: 45
I was never a fan of Mike Smith even on Coyotes w/ NHL running team playing defensive system he wasn't anything special to me. SEems like a lot of money for a guy who was washed up years ago to me... When people making 500-700K are playing well enough to win Stanley Cups wink?
Nov 8 at 3:26
#11
MK458
Joined: Dec 2017
Posts: 1,256
Likes: 416
Quoting: Random2152
Okkkkaaaaaayyyy....
EDM might have the least cost efficient goalie tandem in the league...


Well this didn't age very well... One of the most cost effective so far
Nov 8 at 10:59
#12
The evil stats guy
Joined: Jun 2018
Posts: 4,187
Likes: 1,751
Quoting: mk458
Well this didn't age very well... One of the most cost effective so far


The goalies are on a heater. It has been like 15 games dude. It happens, just wait until regression begins
PrisonBull liked this.
 
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