Confirmed with Link: Mike Smith Re-Signs 2 Years @2.2 million AAV

[XxJackmodexX]

Oilers agree to two-year approx. $2M/year deal with Mike Smith

Oilers agree to two-year deal with goaltender Mike Smith

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[joestevens29]

I'm fine with it. I was expecting around 3mil this year. So gives us some wiggle room this year.

Only drawback is year 2, but if he can't perform this year I suspect he's on LTIR year 2.

 

[ManofSteel55]

Not sure what to think. After last year, I was half expecting a 1 year, $4M deal, so in that sense, I'm glad the cap hit was spread over 2, but it feels like it might be desperation here. I hope this isn't a sign of a 5M X 6 year offer for Barrie coming in.

Really, 2M isn't a bad rate for a good backup, so I don't have a problem paying last years starter that, even if he is older than we would like.
With Koskinen's buyout, should we have that to worry about, we have 3.5M to goalies so far for the next two years. Hopefully we get another decent goalie to play alongside Smith.

 

[Duder54]

I try, but I'm really starting to lose faith in this organisation (again). Giving away assets for a full cap-hit Duncan Keith, losing Larsson and now signing a 39 goalie who had a hot year for 2 years just isn't the most inspiring start to improving on the team.

 

[McDrai]

1 year too many but I guess it's a relatively small cap hit so whatever. I like his compete level and it seems to rub off on some of his teammates. We still need a #1 imo

 

[Jimmi McJenkins]

Part of why it's 2 years.

 

[space321]

So much inconsistency in his past seasons and he gets two years at 39 years old.

jfc can't explain this using logic

 

[Del Preston]

Since January 1, 2020, the Oilers are 33-9-6 when Smith plays. They are below .500 with Koskinen.

 

[GOilers88]

So much inconsistency in his past seasons and he gets two years at 39 years old.

jfc can't explain this using logic

He's been one of the best in the league since January 1st 2020.

Fact.

Edit: Beaten to it by DP.

 

[Cerebral]

I’m okay with two years as that likely brought the cap hit down to $2M. For 1 year, it likely would have been $3M+.

 

[NedPlimpton]

I don't mind this at all.

He was great last season and I think most thought he wouldn't be. No telling if he can do it again, of course, but I don't think it's a huge risk.

 

[yukoner88]

I'm fine with it. I was expecting around 3mil this year. So gives us some wiggle room this year.

Only drawback is year 2, but if he can't perform this year I suspect he's on LTIR year 2.

Signing older players to more than one year is way less risky than it was, as the NHL did away with the 35+ rule.

If Smith retires after one year, the cap hit goes with him.

If Smith performs well in both years, he's worth his weight in gold at 2mil.

As i alluded to in the Larsson thread, Smith WANTS to be an Oilers, which makes him even more valuable to have in the locker room.

 

[Little Fury]

He's been one of the best in the league since January 1st 2020.

Fact.

Edit: Beaten to it by DP.

So 19 games in 2019-20 and then a shortened season against limited competition.

 

[Little Fury]

Signing older players to more than one year is way less risky than it was, as the NHL did away with the 35+ rule.

If Smith retires after one year, the cap hit goes with him.

If Smith performs well in both years, he's worth his weight in gold at 2mil.

As i alluded to in the Larsson thread, Smith WANTS to be an Oilers, which makes him even more valuable to have in the locker room.

Sure who else would give him that kind of deal?

 

[Oilers in NS]

Signing older players to more than one year is way less risky than it was, as the NHL did away with the 35+ rule.

If Smith retires after one year, the cap hit goes with him.

If Smith performs well in both years, he's worth his weight in gold at 2mil.

As i alluded to in the Larsson thread, Smith WANTS to be an Oilers, which makes him even more valuable to have in the locker room.

Im thinking that Holland was informed by Larsson at seasons end he wanted out. That’s why Keith was signed. Now I’m throwing rocks but I figure Hamonic and Barrie are signed

 

[Soundwave]

As a 1B/back up, it's fine. My guess is both the Oilers and Smith know he'll be on LTIR for the 2nd year but he gets paid more that way than a 1 year deal.

Have to find a better 1A though, Kuemper, Ullmark, should be targets.

 

[Faelko]

So 19 games in 2019-20 and then a shortened season against limited competition.

As long as he’s the backup, it’s fine. That’s the worry I have, he won’t be.

 

[yukoner88]

Sure who else would give him that kind of deal?

Given his performance this past season, I'm sure lots of teams would've been calling.

Anyone looking for a good backup/1A/1B would be kicking tires

 

[yukoner88]

Im thinking that Holland was informed by Larsson at seasons end he wanted out. That’s why Keith was signed. Now I’m throwing rocks but I figure Hamonic and Barrie are signed

I saw a vid a day or 2 ago (I'm pretty sure it was Friedman) who said that Barrie wanted to stick around and that a deal will be signed relatively quickly if Larsson left.

 

[Little Fury]

Given his performance this past season, I'm sure lots of teams would've been calling.

Anyone looking for a good backup/1A/1B would be kicking tires

Sure but I doubt he going to get a multi-year deal anywhere else for anything close to $4M.

 

[Mr Positive]

I like this deal

If he bombs year 2, it's not that bad

 

[Little Fury]

I saw a vid a day or 2 ago (I'm pretty sure it was Friedman) who said that Barrie wanted to stick around and that a deal will be signed relatively quickly if Larsson left.

Gross.

 

[Smartguy]

Not sure what to think. After last year, I was half expecting a 1 year, $4M deal, so in that sense, I'm glad the cap hit was spread over 2, but it feels like it might be desperation here. I hope this isn't a sign of a 5M X 6 year offer for Barrie coming in.

Really, 2M isn't a bad rate for a good backup, so I don't have a problem paying last years starter that, even if he is older than we would like.
With Koskinen's buyout, should we have that to worry about, we have 3.5M to goalies so far for the next two years. Hopefully we get another decent goalie to play alongside Smith.

Yeah this pretty much, he earned a 1 year 4M deal, they split over 2 years. Hopefully he’s at least backup material in year 2, but I’d be willing to bet he’s a backup this year, but I was wrong last year also

 

[Mr Positive]

Sure but I doubt he going to get a multi-year deal anywhere else for anything close to $4M.

That's a cynical way to value guys. He gave us the quality of play of 6-7 million last year but we paid him leas than 2. Hes a good goalie. He deserves the money in this deal and should be worth it

 

[OfCorsiDid]

Meh.

Adding an extra year makes me uneasy.

File this one under “wait and see”