Mike Smith has signed a new contract with the Edmonton Oilers.

This was expected. The goalies switching Canadian teams are now fully confirmed.

Okkkkaaaaaayyyy....
EDM might have the least cost efficient goalie tandem in the league...

Smith is getting to old now. The Oilers will probably regret this

His numbers were terrible on an excellent team last year. How's he gonna do w/ a bad team?

Probably yes and I'm not the biggest Mike Smith supporter anyway but truthfully, that D in front of all the goalies they've had the past few years has been complete ****.
Smith will end up looking bad because of that.

Edmonton finally signs a puck moving defenseman.

PER TWITTER:

Mike Smith's performance bonus structure:

- $1,000,000 bonus for 20+ Games Played
- $1,000,000 bonus for 30+ Games Played
- $1,000,000 bonus for EDM Making Playoffs

Smith's Maximum Salary = $5,000,000

So if Koskinen gets injured ... Edmonton will have an $8,500,000 - $9,500,000 goalie tandem.
And $2,000,000 - $3,000,000 of this will carry over onto next years cap.

Which means that in 2020-21:

- Edmonton would have $6,500,000 - $7,500,000 committed to goalies (Koskinen being the only one signed).
- Edmonton will also have $3,800,000 remaining in buyout penalties (Sekera and Pouliot).
- Edmonton will also have $10,000,000 committed to Lucic and Russell.

Total Result Equals: roughly $21,000,000 comitted to Koskinen + Lucic + Russell for the 2020-21 season.

If you look at his stats in previous seasons, he is insane when he faces a high number of shots, I think he is one of those goalies that needs a bad defense and he will be amazing but if he plays for a solid defense he gets lost in game flow.

I was never a fan of Mike Smith even on Coyotes w/ NHL running team playing defensive system he wasn't anything special to me. SEems like a lot of money for a guy who was washed up years ago to me... When people making 500-700K are playing well enough to win Stanley Cups ?

Well this didn't age very well... One of the most cost effective so far

The goalies are on a heater. It has been like 15 games dude. It happens, just wait until regression begins

Did you not see how he carried the Flames on his back against the Avs. Johhny G and his pals left him out ot dry

No doubt the team left him high and dry in the Avs series last year. But, I would go with Kosk vs. CHI if I'm EDM