Edmonton Oilers Salary Projections for 2024-25
Projected Salary Cap
The NHL salary cap is projected to increase to $83.5 million for the 2024-25 season.
Projected Oilers Salary Cap Space
With a current salary cap hit of $82.3 million, and after factoring in potential bonuses and incentives, the Oilers are projected to have approximately $1.2 million in salary cap space available for the 2024-25 season.
Key Contract Considerations
* Connor McDavid is entering the final year of his current contract, with a cap hit of $12.5 million. Negotiations for a new contract will likely take place during the 2023-24 season. * Leon Draisaitl is also entering the final year of his current contract, with a cap hit of $8.5 million. Similar to McDavid, contract negotiations will likely be a priority for the Oilers in the coming season. * Evan Bouchard is eligible for a new contract after the 2023-24 season. His current cap hit is $4.45 million.
Conclusion
The Oilers' salary cap situation for the 2024-25 season will be largely dependent on the contract negotiations with McDavid and Draisaitl. If the Oilers can retain both players while staying within the salary cap, they will be well-positioned to compete for a Stanley Cup. However, if they are forced to trade one of their star players to create cap space, it could have a significant impact on the team's competitiveness.
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