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Oilers Sign Andersen to $1 M Deal, 13-2 Playoff Run

7/2/2026

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Summary

Story summary

The Edmonton Oilers signed goaltender Frederik Andersen to a $1 million salary, $1.8 million in bonuses and a $2.8 million AAV.
He receives $600k after 10 games, $400k after 20 and $200k for any playoff round he plays half, joining Tristan Jarry and Devon Levi.
In the 2026 playoffs he went 13-2 with a .910 save percentage before a knee injury forced his replacement after Game 3 of the Stanley Cup Final.

History

Historical Context

After the 2004-05 lockout, the NHL and the NHLPA, led by Commissioner Gary Bettman, adopted a hard $39 million salary cap for the 2005-06 season, limiting individual salaries to $7.8 million. The cap forced teams to use incentive-laden contracts, a practice exemplified by Edmonton’s $1 million deal with goaltender Frederik Andersen, which rewards playoff success while preserving cap room.

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Story summary

The Edmonton Oilers signed goaltender Frederik Andersen to a $1 million salary, $1.8 million in bonuses and a $2.8 million AAV.
He receives $600k after 10 games, $400k after 20 and $200k for any playoff round he plays half, joining Tristan Jarry and Devon Levi.
In the 2026 playoffs he went 13-2 with a .910 save percentage before a knee injury forced his replacement after Game 3 of the Stanley Cup Final.

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