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Oilers now have a lot more options with the Ceci trade and the offer sheet issue

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Sam Jones
August 19, 2024  (11:59)
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Oilers now have a lot more options with the Ceci trade and the offer sheet issue
Photo credit: Jess Starr/The Hockey Writers

In a strategic maneuver by the Edmonton Oilers' newly appointed General Manager, Stan Bowman, the recent trade involving Cody Ceci has significantly altered the team's position in ongoing offer sheet negotiations.

The Oilers, having just offloaded Ceci, find themselves approximately $1M under the salary cap, granting them a newfound flexibility as they approach critical contract decisions.

Post-Ceci trade, the Oilers are tactically positioned to choose which offer sheets to match without the pressure of immediate cap overages. This development is key given the growing sentiment that the Oilers may opt not to match certain offers, avoiding the pitfalls of overpaying merely to retain rights to prospects.

While the team is now closer to the cap limit, the NHL rules allow for a cap overrun of 10% during the offseason, which translates to an additional $8.8M until the preseason commences. However, this practice is generally discouraged as it necessitates significant financial adjustments before the preseason deadline.

The Oilers could technically match both pending offers and still remain within the temporary cap threshold, potentially putting them $5.9M over the ultimate cap limit. However, this would reduce their cap flexibility to just $100k below the threshold, severely limiting their ability to execute further meaningful roster enhancements.

Furthermore, prospects like Broberg and Holloway initially sought considerably lower sums than those proposed in their offer sheets, prompting a strategic reevaluation of whether to match these offers. The decision on these offer sheets is pending, with a deadline set for Wednesday morning, marking a significant moment for the team's future trajectory.

Stan Bowman's trades have positioned the Oilers at a strategic crossroads. With the salary cap's flexibility restored, albeit marginally, Edmonton now has the leverage to make decisions that align closely with their long-term financial and competitive goals. The outcome of these offer sheet negotiations will reveal the efficacy of Bowman's strategy in strengthening the team's position without succumbing to financial imprudence. The hockey community eagerly awaits these decisions, which promise to shape the Oilers' strategy and roster for the upcoming season.

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Oilers now have a lot more options with the Ceci trade and the offer sheet issue

Should you be Bowman, who would you keep?

Keep Holloway1114.9 %
Keep Broberg56.8 %
Keep both1621.6 %
Keep neither4256.8 %
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