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Oilers under pressure: trade rumors swirl as salary cap crunch looms

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Sam Jones
August 14, 2024  (4:03 PM)
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Oilers under pressure: trade rumors swirl as salary cap crunch looms
Photo credit: Stephen R. Sylvanie-USA TODAY Sports

In the latest developments around the Edmonton Oilers, a critical financial decision looms large due to the constraints of the NHL salary cap.

Elliotte Friedman, a prominent sports journalist, brought to light the team's predicament on the "32 Thoughts Podcast".

It appears that the Oilers are considering trading away one of their players to manage their salary cap effectively, especially in light of recent offer sheets presented to two of their promising players.

"Friedman noted that there's legitimate interest from teams to trade for Cody Ceci, a 30-year-old veteran defenseman with a right shot, which is highly valued in the league."

He explained. Ceci, who is in the final year of a contract that pays him a modest $3.25 million, has caught the attention of several teams, including the San Jose Sharks, as highlighted by insider Sheng Peng.

The Oilers are faced with a challenging scenario following offer sheets from the St. Louis Blues for Philip Broberg and Dylan Holloway. This move by the Blues has compelled the Oilers to possibly hasten their decision-making regarding their roster. Cody Ceci, with his valuable defensive skills and an affordable contract, emerges as the likely candidate for a trade.

The San Jose Sharks, identified as a potential suitor, could benefit from adding a seasoned defender like Ceci as they look to rebuild. This acquisition would cost them little in terms of trade capital but could bring considerable experience to their squad. Despite the Oilers' tough position in possibly not receiving significant returns for Ceci, the trade could provide them with much-needed cap relief. This relief is critical for retaining younger talents like Broberg and Holloway, who are essential for the team's future success.

The Oilers have a narrow window of seven days to respond to the Blues' offer sheets. The team's management is under significant pressure to strategize effectively to keep their roster competitive while navigating financial constraints. With internal options like Troy Stecher, Josh Brown, and Connor Carrick ready to step up, the Oilers are not without resources. The next few days will be pivotal in determining how the Oilers manage their assets and strive to maintain a strong team composition for the coming seasons.

The decisions made now will have long-term implications for the team's strategy and their ability to compete at the highest levels of the NHL. Fans and analysts alike will be watching closely to see how the Oilers navigate this challenging financial landscape, making strategic moves that will shape the team's future.

Source: OilersAccess on X Friedman reports on 32 Thoughts that Ceci is a trade candidate

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Oilers under pressure: trade rumors swirl as salary cap crunch looms

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