NHL Rumors: Salary Cap Hindering What Edmonton Oilers Can Do Trade Wise

On why the Edmonton Oilers have not added a defenseman, and if they could be looking to add forward depth as well.

May 29, 2024; Edmonton, Alberta, CAN; Edmonton Oilers forward Evander Kane (91) looks to make a pass in front of Dallas Stars defensemen Thomas Harley (55) during the third period in game four of the Western Conference Final of the 2024 Stanley Cup Playoffs at Rogers Place. Mandatory Credit: Perry Nelson-USA TODAY Sports

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Dave Pagnotta of the Fourth Period was on Sirius XM NHL Network Radio with Steve Kouleas and Martin Biron and was asked about the Edmonton Oilers cap situation, why they have not added a defenseman, and if they could be looking to add forward depth as well.

NHLRumors.com Transcriptions

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Martin Biron: I know the Oilers cap situation is, I mean, you got (Connor) McDavid to sign next year. (Leon) Draisaitl is signed $14 million starting next season as well. But are they in the market right now to look to help them with their depth? Because you look at McDavid Draisaitl, maybe the top six is okay, but they don’t have depth at all. And they lost (Warren) Foegele. They lost (Ryan) McLeod. They lost Dylan Holloway. Like, are they looking at depth? At depth, maybe to help them?

Dave Pagnotta: “I think Marty, I think they’re doing it just from a due diligence perspective. Their problem is, quite frankly, that if Evander Kane is going to be back this season, that’s the projection. So, they can’t utilize him just over $5 million in cap space, even though it was on LTIR; they can’t eat that up if he’s coming back during the season. They have to have the space to bring him back.

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So unfortunately, unless he’s dealt with a setback, whether in quotations or not, they’re not going to really be able to utilize that fund. And because of it, I mean, they don’t have any significant cap space now, again, they have to be cognizant of when Kane comes back.

So I think, I think Stan Bowman, like a lot of other GMs, is looking around to see what the options may eventually be like. You mentioned the Maatta deal earlier Kooly. That happened night, but when the injuries to Durzi and Marino happened in Utah, Bill Armstrong went out and started making some calls on who could be available, what options may be available if we decide to do it.

Then a week later, okay, they pull the trigger, and they bring in Olli Maatta, which helps them, and it helps Detroit clear up a little bit of cap space themselves and clear out a body on the back end.

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So I think Bowman right now is probably doing that. Should be doing that. Most likely is, to at least see what options may be available to him later on, primarily from a depth side. They’ve also been looking at the blue line. We all know that in potential moves to make later on.

So this may complicate certain things, but the biggest issue for them, quite frankly, with respect to the cap, is Evander Kane’s $5 million plus that they can’t really utilize to their advantage in terms of bringing additional bodies in. So anything impactful would have to result in somebody leaving the roster.”

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