As the NHL season unfolds, the Edmonton Oilers find themselves in a intricate dance of roster management, salary cap navigation, and strategic planning. The recent decision to place Evander Kane on Long-Term Injured Reserve (LTIR) has opened up a plethora of possibilities for the team, each carrying its own set of implications and opportunities.
Evander Kane, with his substantial $5.125 million cap hit, has been a critical component of the Oilers’ roster. However, his injury has presented both a challenge and an opportunity. By including Kane on the opening roster and then designating him to LTIR, the Oilers have managed to accrue valuable cap space. This strategic move allows the team to operate at the upper limit of the salary cap, giving them the flexibility to make significant moves as the season progresses 1.
The mechanics of this strategy are nuanced. When a player is placed on LTIR, the team can exceed the salary cap by the amount of the injured player’s cap hit, but only during the period the player is injured. For the Oilers, this means they can use the $5.125 million from Kane’s contract to sign other players or make trades, provided they stay under the cap once Kane returns. This is a stark contrast to the days of Oscar Klefbom, where the team had to place him on LTIR before the season even began to comply with cap restrictions 1.
The ability to accrue cap space is a crucial aspect of the Oilers’ current strategy. By maintaining a tight cap situation early in the season, the team can build up significant cap space by the trade deadline. For instance, if the Oilers start the season with approximately $946K in cap space, this amount can grow to around $4 million by the trade deadline, assuming no major changes to their cap situation. This accrued cap space becomes a valuable asset, allowing the team to make substantial additions without the immediate need to clear cap room 4.
However, there is a catch. Once the Oilers operate under LTIR, they cannot access this accrued cap space. This means that if they decide to use Kane’s LTIR cap space to sign or trade for players mid-season, they will lose the ability to tap into the accrued space they have been building. Therefore, the timing of when to use Kane’s LTIR cap space is critical and must be carefully planned to maximize its benefit.
The Oilers have been actively seeking defensive reinforcements, a quest that has been ongoing throughout the season. With the trade deadline looming on March 7, the team is under pressure to find the right pieces to bolster their blue line. The recent trade involving Cam Fowler, where the St. Louis Blues acquired him from the Anaheim Ducks, highlights the competitive nature of this market. Although Fowler was not the ideal fit for the Oilers due to his lack of size and grit, his strong start with the Blues underscores the importance of making the right defensive additions 3.
The search for a defenseman is not just about finding any player; it’s about finding someone who fits the team’s specific needs. The Oilers are looking for a player with size and grit, attributes that are crucial for a team aiming to make a deep playoff run. This search may involve exploring trades with teams like the Buffalo Sabres, who have been mentioned as potential trade partners.
In addition to defensive needs, the Oilers are also focusing on improving their fourth line center position. Derek Ryan, who has been healthy scratched several times, indicates that the team is not entirely satisfied with their current depth. This situation could lead to waivers moves or trades aimed at strengthening this critical role.
Players like Roby Jarventie, acquired from the Ottawa Senators, are being closely watched. Jarventie, despite his progress being stalled by injuries, remains a promising prospect who could fill this gap in the future. His waiver-exempt status means he is likely to start the season in the AHL but could be called up as needed 5.
The Oilers’ current roster management is a testament to the strategic flexibility afforded by the LTIR rules. By carefully managing Kane’s injury and the associated cap space, the team can make significant moves without compromising their long-term cap health.
For example, if the Oilers can maintain a solid record without Kane and avoid the need for an expensive replacement early in the season, they can build up substantial cap space. By the trade deadline, this accrued space, combined with Kane’s LTIR cap space, could provide the team with up to $9 million in deadline space. This would allow them to make two significant moves: using the accrued cap space to sign or trade for a player and then accessing Kane’s LTIR cap space to add another high-impact player. This strategy ensures that the team remains competitive while also setting themselves up for a strong playoff push 4.
The Edmonton Oilers are walking a tightrope, balancing the need for immediate roster improvements with the long-term implications of their salary cap decisions. The use of Evander Kane’s LTIR cap space is a double-edged sword, offering both flexibility and constraints.
As the trade deadline approaches, the Oilers will need to make calculated decisions that align with their strategic goals. Whether it’s bolstering their defense, strengthening their fourth line, or navigating the complexities of the salary cap, each move will be crucial in determining the team’s success this season.
In the world of NHL roster management, there are no easy answers, only a series of intricate decisions that require a deep understanding of the game, its rules, and the ever-changing landscape of player availability and team needs. For the Edmonton Oilers, the journey ahead is filled with challenges, but also with opportunities to shape their roster into a championship contender.