from Daryl Katz, owner of the Edmonton Oilers,

To Oilers Fans Everywhere:

We all thought this was going to be the year the Oilers turned the corner. Obviously, that hasn’t happened, and it hurts. It’s frustrating – for all of us. For our fans, for our players and staff, and for everyone in our community who shares a common bond around a game, a team and a city that we love.

I know this will almost certainly be the eighth consecutive year since we made the playoffs. I hate that fact as much as anyone, but the reality is that this is only year four of the rebuild that started when we drafted Taylor Hall. The good news, if you can call it that, is that other teams that committed to fundamental rebuilds went through the same kind of droughts over the same kind of time frames, or longer. That doesn’t make it fun for anyone; it just means we have to stay the course.

Yes, we hoped and expected to be better this year – there’s no question about that. But we’ve also been more active than any team I can think of in rebuilding our organization from bottom to top by supporting player development in OKC and Bakersfield, revamping our scouting organization, naming a new GM and a new coach, signing free agents like Justin Schultz, Boyd Gordon, Andrew Ference, Anton Belov and Ilya Bryzgalov, and trading for players like David Perron, and now Ben Scrivens and Matt Hendricks. And we’re not done.

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