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Mike Smith Signing Is Official In Edmonton

EDMONTON, AB - The Oilers have signed goaltender Mike Smith to a two-year contract extension with an average annual value of $2.2 million, the team announced Saturday.

The 39-year-old is coming off a strong season that saw him post a 21-6-2 record in 32 regular season appearances, including three shutouts, a 2.31 goals-against average and .923 save percentage.

Smith has played 642 career NHL games with the Dallas Stars, Tampa Bay Lightning, Arizona Coyotes and Oilers, compiling a 283-254-76 record with 42 shutouts, a 2.69 GAA and .912 save percentage.

Filed in: NHL Teams, Edmonton Oilers, | KK Hockey | Permalink
 

Comments

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Bahahahahaha. So glad we are done with the loser KH. Look at the difference between how SY handled the goalie position this offseason and KH.

Posted by beantownredwings on 07/24/21 at 02:50 PM ET

TeamDub's avatar

Bahahahahaha. So glad we are done with the loser KH.

Amen.

For a good laugh, search, “Ken Holland” on Twitter and witness the Edmonton fanbase freakout.

It’s glorious.

Posted by TeamDub from The gratch. on 07/24/21 at 03:05 PM ET

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Geez Kenny, a 2 year deal?  I know he’s coming off a great season, but seriously?  He’s like 106 years old.  Was someone else going to give him a 2 year deal? 

How you do anything other than a one year deal with someone that old?  Thank the sweet merciful god that the captain came home or Kenny would still be doing this with the Wings.

Posted by MikeO on 07/24/21 at 03:36 PM ET

TreKronor's avatar

He played great last year and this is a cheap deal - I don’t see the need for criticism other than from people looking for it. If Smith can’t make the season work, they put him on LTIR and that’s it. They know what they’re getting with him.

All I know is, at 39 I can’t imagine playing goalie. I can’t stand Smith but admire he still wants to compete.

Posted by TreKronor on 07/24/21 at 04:54 PM ET

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I don’t see the need for criticism

He’s 39 years old right now and has been declining for half a decade. This is a typical “there is no plan” KH move. It’s embarrassingly laughable.

Posted by beantownredwings on 07/24/21 at 04:57 PM ET

TreKronor's avatar

You forgot to quote my full sentence including “other than from people looking for it.”

Smith has also been pretty consistent his whole career - not sure what you’re talking about.

Posted by TreKronor on 07/24/21 at 05:43 PM ET

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pretty consistent

Consistently average at best. I would agree to that.

This is an Edmonton team looking to go to the promised land. While you may think Mike Smith is the guy to get them there I definitely do not.

I’m not exactly sure why you’re concerned about people looking for anything. This is a hockey forum and we’re all looking at hockey games and off season moves and looking to comment on them. My comments were very specific. This was a typical BS bad KH move. There are so many better options out there for him to address Edmonton’s goaltending woes. The same woes Mike smith has been responsible for for quite a few years now. I’m not saying he’s their only problem, but he definitely wasn’t the best option out there. If you think he was the vest option then maybe tell us why that is instead of telling us why we shouldn’t comment on it?

Posted by beantownredwings on 07/24/21 at 06:45 PM ET

Royal Grand Exalted PooBah's avatar

The Oilers got beat by the Jets in 3 overtime games by one goal. Could it be a younger goalie makes those saves? From what I remember he let in a couple he should have had. Maybe there weren’t a lot of options but I don’t think bringing Smith back was the best one.

Posted by Royal Grand Exalted PooBah from the basement of the Alamo on 07/24/21 at 07:49 PM ET

d ca's avatar

Mike Smith’s $2.2M isn’t the issue as $1,125,000 can be buried in the minors if necessary. That’s backup money.  Mike Smith’s ability to defy the sudden goalie falloff that happens with even the best goalies as they age is a huge issue. But that extra year was done to keep him away from the Leafs.

Koskinen’s 4.5M is the real issue.

When your team is under cap hell you have to operate in a way that is different than if you have the most cap room in the league. I hate KH and won’t go after him because of essentially taking on a starter for backup money…the risk is simply too low not to then bury him if necessary—especially when your competitor needs a cheap veteran goalie too.

Duncan Keith for a 3rd (essentially a 4th on a playoff team with a deep run that can turn into a 2nd) is a problem especially if you take on his full contract.  As is surrendering your 2nd’s and 3rd’s for guys like Andreas Athanasiou and Mike Green. Those are fair criticisms—signing a starting goalie to a 2.2M deal when 1.125M can easily come off the books—that’s a weak criticism.

Posted by d ca on 07/24/21 at 08:17 PM ET

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signing a starting goalie to a 2.2M deal when 1.125M can easily come off the books—that’s a weak criticism.

The criticism is signing a 39 year old replacement level goalie(at best) for a team stacked with wire talent and thinking doing more of the same is going to offer up different results. His cap hit isn’t the problem, even though you got the amount that can be buried wrong. It’s KH doing a dumb KH move and not upgrading his team to compete appropriately.

Posted by beantownredwings on 07/24/21 at 08:40 PM ET

ilovehomers's avatar

Yeah, Koskinen is the issue. And thats an inherited problem. To get rid of that problem, it’ll cost Kenny a 1st rounder, easily.

Posted by ilovehomers on 07/24/21 at 09:16 PM ET

d ca's avatar

..., even though you got the amount that can be buried wrong….

Posted by beantownredwings on 07/24/21 at 08:40 PM ET

No, I didn’t.

[Season]: Minimum Salary + $375,000 = Total that can be buried
2021-22 minimum salary = $750,000

750+ 375 = 1,125

Don’t trust my math. Go to capfriendly here

FYI
The NHL & NHLPA signed a memo of understanding in July 2020 that outlines the additional minimum salary:
2022-23 – U.S. $750,000
2023-24 – U.S. $775,000
2024-25 – U.S. $775,000
2025-26 – U.S. $775,000

so it will go up another 25k in 23-24

Posted by d ca on 07/25/21 at 12:24 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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