Forums/NHL Signings

Edmonton Oilers signed Mike Smith (2 Years / $2,200,000 AAV)

Was this a good signing?
The chart has been hidden

Poll Options


Jul. 22, 2021 at 1:15 p.m.
#1
Mike Smith has signed a new contract with the Edmonton Oilers.
35+ CONTRACT (EXTENSION)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Ken Holland
LENGTH: 2 YEARS
EXPIRY STATUS: UFA
SIGNING TEAM: Logo of the Edmonton OilersEdmonton Oilers
VALUE: $4,400,000
C.H.% Tooltip: 2.70
SIGNING DATE: Jul. 22, 2021
SOURCE: CapFriendly

Mike Smith signed a 2 year, $4,400,000 contract with the Edmonton Oilers on Jul. 22, 2021. The contract has a cap hit of $2,200,000.

SEASONCLAUSECAP HITTooltipAAV TooltipP. BONUSESTooltipS. BONUSESTooltipBASE SALARYTooltipTOTAL SALARYTooltipMINORS SALTooltip
2021-22$2,200,000$2,200,000$0$0$1,900,000$1,900,000$1,900,000
2022-23$2,200,000$2,200,000$0$0$2,500,000$2,500,000$2,500,000
TOTAL$4,400,000$4,400,000$0$0$4,400,000$4,400,000$4,400,000
Jul. 22, 2021 at 1:16 p.m.
#2
Josies on vacation
Avatar of the user
Joined: Feb. 2020
Posts: 16,933
Likes: 14,100


You gave a 39 year old goalie 2.2 mill for 2 years

Congrats Holland

Also I got my meme on top LEZ GO
ConnorMcHellebucyk, NARC311, EsoYeezus69 and 5 others liked this.
Jul. 22, 2021 at 1:17 p.m.
#3
Avatar of the user
Joined: Apr. 2019
Posts: 3,446
Likes: 1,804
Ken Holland appreciation thread
yikes, KubaH, NARC311 and 4 others liked this.
Jul. 22, 2021 at 1:17 p.m.
#4
worst poster
Avatar of the user
Joined: Jul. 2019
Posts: 7,178
Likes: 7,780
He'll be 41 when the contract is up. His bones will have aged 30 years beyond that.
Jul. 22, 2021 at 1:18 p.m.
#5
NoCupsForCanada
Avatar of the user
Joined: Dec. 2018
Posts: 385
Likes: 295
*McDavid has left the chat*
TheFlamingC, KubaH, imawesome and 10 others liked this.
Jul. 22, 2021 at 1:19 p.m.
#6
Just Keep Swimming
Avatar of the user
Joined: Jun. 2018
Posts: 6,504
Likes: 3,643
What an unbelievably bad off season for Kenny
JackAce91, Gmonwy, KubaH and 2 others liked this.
Jul. 22, 2021 at 1:19 p.m.
#7
cya in another 3mo
Avatar of the user
Joined: Jul. 2021
Posts: 2,093
Likes: 2,154
Kenny loves his veterans…
Gmonwy, KubaH, Missouri and 1 other person liked this.
Jul. 22, 2021 at 1:21 p.m.
#8
send Vlasic to Mars
Avatar of the user
Joined: Sep. 2019
Posts: 8,289
Likes: 10,381
Holland to Chiarelli over who’s the worst GM in Oilers history

Devil, KubaH, EsoYeezus69 and 5 others liked this.
Jul. 22, 2021 at 1:22 p.m.
#9
Avatar of the user
Joined: Jul. 2021
Posts: 444
Likes: 202
Wow. One good season and they lock him up for 2 more years. Not even Lundqvist got something like this and he was consistently good for almost his entire career... until he got to Mike Smith's age.
Gmonwy and rollie1967 liked this.
Jul. 22, 2021 at 1:25 p.m.
#10
Gaudreau to NJ
Avatar of the user
Joined: Nov. 2017
Posts: 21,254
Likes: 22,192
Ken Holland moment
Jul. 22, 2021 at 1:31 p.m.
#11
v5 CBJ GM
Avatar of the user
Joined: Oct. 2020
Posts: 10,327
Likes: 13,952
Holland 🤦‍♂️, 1 year sure but 2
TheFlamesFanatic25, Gmonwy, rollie1967 and 1 other person liked this.
Jul. 22, 2021 at 1:32 p.m.
#12
Buljujarvi
Avatar of the user
Joined: Jul. 2018
Posts: 4,168
Likes: 2,490
TheFlamesFanatic25, Gmonwy, mauston_atthews and 1 other person liked this.
Jul. 22, 2021 at 1:32 p.m.
#13
Leafs suck
Avatar of the user
Joined: Aug. 2020
Posts: 3,157
Likes: 829
Mcdavid: hey ken, I really liked our progression this year, but I was wondering how you’re planning on making us better? There’s so many options it seems with our cap space.

Holland: yeah Connor for sure, we’ll do our best to make sure you, drai, nuge, and nursey have the best teammates possible to acquire!

*trades for Keith, let’s Adam larsson go for barrie*

Connor: Devin shore and pulju are gonna be my line mates eh?

*Holland is planning on signing Hyman to and 6x8 deal*

Connor: nice! Not ba-

Holland: Mike smith 2.2x2! How ya like that Connor!

Connor: man that window looks great to jump out of
TheWolfe, TheFlamesFanatic25, Gmonwy and 1 other person liked this.
Jul. 22, 2021 at 1:38 p.m.
#14
Ban Price trades
Avatar of the user
Joined: Oct. 2017
Posts: 5,552
Likes: 4,722
Pain.
Jul. 22, 2021 at 1:42 p.m.
#15
Avatar of the user
Joined: May 2015
Posts: 7,288
Likes: 2,620
Haha if he retires this year they still have his cap hit for next year!
CD282, TheFlamesFanatic25, Gmonwy and 1 other person liked this.
Jul. 22, 2021 at 1:48 p.m.
#16
Days of our Hawks
Avatar of the user
Joined: May 2021
Posts: 4,951
Likes: 2,039
Nothing wrong with bring him back but if it was one year it’d be much better
TheFlamesFanatic25 liked this.
Jul. 22, 2021 at 1:59 p.m.
#17
Ragsandbluesfan
Avatar of the user
Joined: Nov. 2017
Posts: 18,920
Likes: 5,392
Quoting: TheWolfe
*McDavid has left the chat*


Is the chat named Edmonton?
TheWolfe, Gmonwy and CEO liked this.
Jul. 22, 2021 at 2:05 p.m.
#18
NoCupsForCanada
Avatar of the user
Joined: Dec. 2018
Posts: 385
Likes: 295
Quoting: Ragsandbluesfan
Is the chat named Edmonton?


God I hope so
Gmonwy and CEO liked this.
Jul. 22, 2021 at 2:29 p.m.
#19
JARVY SZN
Avatar of the user
Joined: Feb. 2021
Posts: 4,409
Likes: 4,512
Ken Holland literally just gave a 39 year old a two year deal for 2 million per. This is not a good signing for the Oilers as I think Smith will decline a lot despite his great 2021 season.
Gmonwy and rollie1967 liked this.
Jul. 22, 2021 at 2:55 p.m.
#20
Avatar of the user
Joined: May 2015
Posts: 7,288
Likes: 2,620
Quoting: Dzinger18
Ken Holland literally just gave a 39 year old a two year deal for 2 million per. This is not a good signing for the Oilers as I think Smith will decline a lot despite his great 2021 season.


He was also bad at 37 and 38. Good at 39 but not a good trend
Dzinger18, Gmonwy and rollie1967 liked this.
Jul. 22, 2021 at 2:57 p.m.
#21
Days of our Hawks
Avatar of the user
Joined: May 2021
Posts: 4,951
Likes: 2,039
Quoting: BCAPP
Haha if he retires this year they still have his cap hit for next year!


He won’t count against the cap and he’ll go to the ltir
Jul. 22, 2021 at 2:58 p.m.
#22
Avatar of the user
Joined: May 2017
Posts: 501
Likes: 162
I honestly don't think this signing is as bad as everyone is thinking. He had a good season, and while he's old and not particularly likely to repeat that, he also costs only $2.2m for two years. I'm guessing Edmonton has been having trouble finding goaltending options. At best, Smith will repeat what he did last season, but at worst, he's an okay backup and a good mentor figure for whoever Edmonton manages to find. $2.2m for a backup goalie is not the end of the world. Even if they have to move him, it's probably not going to cost too much. You can't let him walk unless you are confident that you can replace him. I'm not saying I love this move for the Oilers (Smith is not a long-term option and this signing probably signals a lack of confidence that they can find anyone else to use instead, which is a massive hole in that roster), but I definitely don't think it's a terrible signing either.
Jul. 22, 2021 at 2:58 p.m.
#23
Avatar of the user
Joined: May 2015
Posts: 7,288
Likes: 2,620
Quoting: IconicHawk
He won’t count against the cap and he’ll go to the ltir


That would be cap circumvention if he retires. Murli year deals signed after 35 do not come off the cap if someone retires.

If he goes on the ltir he actually has to be injured not just retiring.

As well even if he does go on the ltir, that is not as forgiving as just not having the cap hit despite what people say.
rollie1967, OldNYIfan and CEO liked this.
Jul. 22, 2021 at 2:59 p.m.
#24
Days of our Hawks
Avatar of the user
Joined: May 2021
Posts: 4,951
Likes: 2,039
Quoting: BCAPP
That would be cap circumvention if he retires. Murli year deals signed after 35 do not come off the cap if someone retires.

If he goes on the ltir he actually has to be injured not just retiring.

As well even if he does go on the ltir, that is not as forgiving as just not having the cap hit despite what people say.


Right I forget that stuff even exists
BCAPP, OldNYIfan and CEO liked this.
Jul. 22, 2021 at 3:00 p.m.
#25
Avatar of the user
Joined: May 2015
Posts: 7,288
Likes: 2,620
Quoting: I_Know_Nothing_About_Hockey_Or_Any_Sport2
I honestly don't think this signing is as bad as everyone is thinking. He had a good season, and while he's old and not particularly likely to repeat that, he also costs only $2.2m for two years. I'm guessing Edmonton has been having trouble finding goaltending options. At best, Smith will repeat what he did last season, but at worst, he's an okay backup and a good mentor figure for whoever Edmonton manages to find. $2.2m for a backup goalie is not the end of the world. Even if they have to move him, it's probably not going to cost too much. You can't let him walk unless you are confident that you can replace him. I'm not saying I love this move for the Oilers (Smith is not a long-term option and this signing probably signals a lack of confidence that they can find anyone else to use instead, which is a massive hole in that roster), but I definitely don't think it's a terrible signing either.


Your at worst is wrong. At worst he is God awful and they're stuck with him for an extra year which doesn't disappear if he retires. There's a reason you rarely see multi year deals at this age
OldNYIfan and PrisonBull liked this.
 
Reply
To create a post please Login or Register
Question:
Options:
Loading animation
Submit Poll Edit