Edmonton Oilers Part Ways with Jack Campbell, Face Six Seasons of Salary Cap Implications

Sunday, June 30th, 2024

The Edmonton Oilers have decided to buy out goaltender Jack Campbell, whom they previously contracted to a five-year deal with an annual value of $5 million in 2022. This choice will create a hit against their salary cap for the next six seasons. It will start with $1.1 million in 2024-25, increase to $2.6 million in 2026-27, and then reduce to $1.5 million for the final three years. Campbell's position with the team became uncertain after a rough beginning to the season, and he was subsequently surpassed by Stuart Skinner as the leading goaltender. With this buyout, the Oilers now have $12.933 million in available cap space to meet their needs. Calvin Pickard and Stuart Skinner, who have both signed two-year extensions, will continue as the Oilers' goaltending pair.

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