Oilers put Campbell on waivers for buyout
The Edmonton Oilers placed goaltender Jack Campbell on unconditional waivers for the purpose of a buyout, the team announced Sunday.
Campbell signed a five-year, $25-million contract with the Oilers as a free agent in 2022. He was assigned to the AHL in November after starting the season 1-4 with a .873 save percentage and didn't make another appearance for Edmonton.
Here's a breakdown of what the buyout will cost the Oilers, according to Cap Friendly.
| Season | Base salary | Cap hit |
|---|---|---|
| 2024-25 | $5.4M | $1.1M |
| 2025-26 | $4.2M | $2.3M |
| 2026-27 | $3.9M | $2.6M |
| 2027-28 | $0 | $1.5M |
| 2028-29 | $0 | $1.5M |
| 2029-30 | $0 | $1.5M |
Campbell also struggled in his debut season in Edmonton, posting an .888 save percentage in 36 appearances in 2022-23.
The Oilers' tandem in goal next season will be Stuart Skinner and Calvin Pickard, who combined to help Edmonton reach Game 7 of the Stanley Cup Final this postseason.
Edmonton has approximately $12.9 million to spend this offseason and only has 14 players signed for 2024-25. The Oilers are also in search of a new general manager after the club and Ken Holland agreed to part ways.