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Oilers face tough salary cap decisions amid offer sheets

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Sam Jones
August 16, 2024  (9:35)
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In an unexpected twist this offseason, the Edmonton Oilers find themselves grappling with severe salary cap constraints, triggered by two offer sheets from the St. Louis Blues.

The team now faces the daunting task of potentially trading away valuable assets to retain key players.

Bruce Garrioch of TSN reports that the Oilers are actively exploring trade possibilities for Brett Kulak and Cody Ceci. The goal is to free up enough cap space to keep rising stars Philip Broberg and Dylan Holloway on the roster. The market seems ripe with interest for both Kulak and Ceci, yet the Oilers' precarious cap situation has other teams asking for draft picks as sweeteners to facilitate the trades. It appears Edmonton might have to part with a first or second-round draft pick alongside one of their defensemen to strike a deal.

This development comes at a critical time when NHL teams have largely set their budgets and are less inclined to assist a contender like Edmonton without significant incentives. Garrioch notes :

"It would be incredibly disappointing to have to spend premium assets to move two quality NHL defensemen. However, at this time in the offseason teams have already allocated their salary cap and aren't looking to do a cup-contending team any favors."

With only five days left to respond to the Blues' offer sheets, the Oilers are at a crossroads. They must decide whether to match the offers and retain Broberg and Holloway or accept draft pick compensation for their departure. The decisions made in the coming week will be crucial in shaping the team's ability to compete in the upcoming season.

As the clock ticks down, every move by the Oilers is under scrutiny, with the potential to significantly alter the team's future prospects and financial health. The next few days will be pivotal in determining the trajectory of the Oilers' roster and their capacity to remain competitive in the NHL.

Source: Bruce Garrioch
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POLL

Do you believe Ceci and Kulak will be traded by the Oilers?

They'll trade Ceci3261.5 %
They'll trade Kulak23.8 %
They'll trade neither1019.2 %
They'll trade both815.4 %
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