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Edmonton Oilers cap situation is way worse than initially thought

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Daniel Lucente
July 27, 2024  (4:35 PM)
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Stan Bowman, general manager of the Edmonton Oilers
Photo credit: ESPN

Whether you like him or not, Stan Bowman is the man in charge for the Edmonton Oilers, and he will have a lot of work to do to fix the team's cap situation.

The Oilers currently sit at $354,167 over the salary cap, and they still have restricted free agents that need contracts. Once all their players are signed, they could find themselves sitting several millions above the cap. The team will not be allowed to start the regular season that way, so major changes are needed, and Bowman needs to act quick.

I get there will always be the Holland fanboys and they will never be turned but to say the Oilers are in a great cap situation is a good one.

The two most likely players to be involved in getting back under the cap are Cody Ceci and Evander Kane. Ceci is getting paid $3.25 million while Kane is receiving $5.125 million. Bowman will need to decide if he wants to trade one or both of them. There is another option, and that is placing Kane on LTIR if he is not healthy and ready to play at the start of the season. Doing that would allow the Oilers to possibly not have to trade Ceci or Kane right away.

No trades are needed at this point to stay under the salary cap for the Edmonton #Oilers. Here's a look. E.Kane, Ryan & Stetcher on LTIR.

12 FWs, 7 D & 2 Goalies. $658,333 salary cap left if Broberg & Holloway sign for $1.85M each.

#LetsGoOilers

It's no doubt that Bowman will get the Oilers back under the cap as he has no choice, however he is likely to be heavily criticized no matter what he does, due to his track record.

Credit Oil On Whyte:Edmonton Oilers' projected cap hit worse than it appears

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Edmonton Oilers cap situation is way worse than initially thought

Will the Oilers trade both Cody Ceci and Evander Kane?

Yes6147.3 %
No2317.8 %
Only Ceci3124 %
Only Kane1410.9 %
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