Author of the post:

David Staples Edmonton Journal

Publishing date:

Oct 11, 2020 5 minute read

Calgary Flames goalie Webcam Talbot and Edmonton Oilers goalie Mike Smith fight during NHL action in Calgary on Saturday, February 1, 2020. Image by Gavin Young/ Postmedia

Article material

This in from the Edmonton Oilers, news they have actually signed Mike Smith: “The Oilers have actually consented to terms with goaltender Mike Smith on an one-year, $2 million agreement.”

And from CapFriendly:
Mike Smith #Oilers
1 year contract

$ 1,500,000 cap hit
$500,000 Performance Benefits

Games Played:
$50,000 at 20, 25, 30, 35, and 40

Playoffs:
$125,000 for 1st RD win 2 games played
$125,000 for 2nd RD win 2 video games played

My take

  1. I don’t like it. I would have chosen the Oilers bring in a more youthful goalie who has played better the previous 2 seasons, and one who didn’t cost even $2 million per. This is an overpay for the incorrect goalie.
  2. I don’t utterly dislike it either. Aside from an utterly godawful and 2 sorrowful playoff periods in 2015, Smith was a respectable goalie. Smith was also a seasoned leader on this group– and every young group needs this sort of guidance. I’m likewise less worried about the group’s goaltending now than I was heading into the 2019-20 season. Mikko Koskinen proved he can be a good NHL starter last year. He improved year-to-year. Maybe he can do so once again. Even if he can’t, he was strong this previous year so if he can keep that the Oilers will be OKAY. It might have been worse here if the Oilers had provided a big overpay on term and salary to Jacob Markstrom. This contract may harm for a year, but it’s not one that will haunt a franchise for several seasons.
  3. The goalie market was shrinking quick for Holland, but it’s hard to picture he might not have actually done better.
  4. Of the 69 NHL goalies who have actually dipped into least 40 games in the previous 2 seasons, Smith ranks simply 59 th for save portion at 0.900 That’s not good. That’s not even close to good. Overall, I think Holland got this one incorrect. Perhaps in a greatly reduced NHL season– which I now expect– this will not be such a big deal, with Koskinen playing 2 thirds of the video games, and practically every championship game. And, naturally, the Oilers could still make a relocation here, getting a goalie at the trade due date, for instance.
  5. I’m not exactly sure where this leaves the Oilers in terms of the expansion draft, as they’ll require to have at least one signed goalie for the 2021-22 season for Seattle to choose, and today the only goalie they have in that classification is Mikko Koskinen. I expect the group might merely sign Anton Forsberg to another one-year deal to cover that obligation.
  6. Is it possible the Oilers are done with their off-season relocations? Provided the variety of NHL agreements now distributed, it basically seems the case. Perhaps there will be a trade for a forward, but that’ll have to do with it. Maybe a couple of small signings.

The response from OIlers fans and bloggers was mostly negative-to-vitriolic, making me believe Holland and Smith much better have thick skins this year.

Ahmed Mayta @AhmedMayta
Dave Tippett also has way to much love for Mike Smith. Did y’ all forget?

Now Koskinen will not get the playing time he is worthy of 2 years in a row #LetsGoOilers

Romulus’ Apotheosis @RomulusNotNuma
Here’s the important things about signing Mike Smith.
I don’t like it. Period.
However, if you’re going to do it … do it after you have actually knocked on every door (consisting of trade options), waited out the market right to the bitter end (consisting of waiver options), and do it for league minimum.

Copper and Blue’s Jeff Chapman @NewWaveOil
jesse puljujarvi: 1.175 MM
kyle turris: 1.65 MM
tyler ennis: 1MM

mike smith on day 2: 2MM

precisely who are you bidding versus to bring back mike smith

Alan Hull @alanhull

Sincere question … is Anton Forsberg better than Mike Smith?

Sally-Max @SalMax183
He’s probably the best of what’s left, plus growth draft turning up. I can understand it rather however I can still see a trade on the horizon. The goalies still readily available through UFA are lovely mediocre

The Athletic’s Jonathan Willis @JonathanWillis
This may be the worst signing of complimentary company.

Leaning on a 38- year-old who has actually invested the previous two seasons hovering around the.900 SV%mark is a bad idea.

Having made that bad decision, what factor could a group perhaps have for paying him more than the league minimum?

Short article content continued


Analytics person Michael Parkatti @mparkatti

Mr. Willis is spot on. What possible take advantage of did Mike Smith need to garner $2M? Toss a random dart at any European league goalie for min salary if this is your strategy.

TSN’s Matthew Iwanyk @matthewiwanyk
Break it down by month

Oct–.919(8 video games)
Nov–.895(7 games)
Dec–.828(5 video games)
Jan–.920(7 games)
Feb–.916(9 games)
Mar–.867(3 games)

When Smith is on, he plays extremely well. When Smith is off, its rather bad.

Jeff Chapman @NewWaveOil
here’s how i got em
pulujuarvi: A
ennis: A
turris: B
barrie: A
smith: D

too expensive? too low? about right?

Bret Litke @BretLitke94
Mikko friend, I’m believing it’s time for you to emerge as a 60 game starter pal.

Ryan Donaldson @Maddawg81
GMs in Edmonton have lacked Creativity for many years. I practically want they were a little market team so they actually need to think out their choices. Mike Smith decision is complicated. Everyone is saying why? And why $2 mil?

Oilers blogger Alex Thomas @Alex_Thomas14
Mike Smith is not an NHL goaltender. That is an awful decision by Holland and badly moistens the team’s possibilities next season.

Mike @ThatsJustPr1me
Mike Smith’s last 2 seasons of Sv%:
898 and.902

And. He. Keeps. Getting. Signed …

Dave @Welder_Dave1991
Oilers have actually resigned Mike Smith however, the team IS better than last season. I’m eagerly anticipating enjoying this team play.

TSN’s Dustin Nielson @nielsonTSN1260
Question is … are the Oilers a better group in front of Smith & Koskinen then they were last year since they were 2nd in the Div with them last year.

Lessy @Lessy19
How on Earth does Mike Smith get over the league minimum?

Holland has the best signing of totally free firm (Barrie) and now among the worst.

Sean Tierney @ChartingHockey
If you close your eyes and ask yourself where Mike Smith played last year, you could reasonably respond to with 5 or 6 teams.

Josh Waters @Josh_Waters97
Darnell Nurse and Tyson Barrie in front of Mike Smith sure is going to be a reward to enjoy.

Oilers John ✈ @OilersJohn
I don’t enjoy the Mike Smith finalizing but it is not as bad as some you are making it out to be. #Oilers

speeds @hockeysymposium
Even if you circle back to Mike Smith, appears excessive to give him 2M?

Dimitri Filipovic @DimFilipovic
Practically every goalie was available this offseason and Mike Smith was technically among them

At the Cult of Hockey

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