Oilers add Frederik Andersen for one year

The Edmonton Oilers have signed goaltender Frederik Andersen to a one-year deal worth $2.8 million, a significant move as they seek to stabilize their goaltending situation ahead of the upcoming season.

Andersen, who recently helped the Carolina Hurricanes win the Stanley Cup, posted a 1.89 goals-against average and a .910 save percentage during the playoffs, despite battling a knee injury. His contract includes a $1 million salary cap hit for the 2026-27 season, with potential bonuses totaling $1.8 million based on regular season games played and playoff performance.

This signing comes after the Oilers acquired 24-year-old Devon Levi from the Buffalo Sabres, potentially setting up a three-goalie system alongside veteran Tristan Jarry, who struggled with an .857 save percentage last season.

According to ESPN, Andersen's addition signals the Oilers' intent to enhance their roster and deepen their playoff run aspirations. The deal allows the Oilers to manage their cap space effectively, as they aim to maximize the window of opportunity with their star players, including Connor McDavid.

The signing has drawn mixed reactions, with analysts from The Hockey Writers grading the move as a B+, citing the low cap hit and potential for high reward while noting the injury concerns surrounding both Andersen and Jarry.

Overall, this strategic signing reflects the Oilers' commitment to assembling a competitive team capable of contending for the Stanley Cup in the coming season.