Oilers, Islanders Make Bold Moves
Edmonton Extends Frederic’s Contract
The Edmonton Oilers have cemented their relationship with forward Trent Frederic by signing him to an eight-year contract extension worth approximately $30.8 million, translating to an annual cap hit of $3.85 million. In his first season with the Oilers, Frederic scored once and provided three assists in 22 games. However, he boasts a career-best record of 40 points, achieved two seasons ago.
Columbus Welcomes Coyle and Wood
The Columbus Blue Jackets have successfully negotiated a trade with the Colorado Avalanche, bringing forwards Charlie Coyle and Miles Wood into their fold. Coyle, who recently completed a season tallying 17 goals and 35 points across 83 games, remains contractually obligated for one more season under a six-year, $31.5 million deal, holding a $5.25 million annual cap hit.
Meanwhile, Miles Wood, who faced significant injury challenges that limited him to 37 games last season, will also join the Blue Jackets. Wood accounted for four goals and eight points, and he is currently in year three of a six-year, $15 million contract.
Avalanche’s Compensation
To finalize the trade for Coyle and Wood, the Avalanche receive two draft picks from Columbus—a third-round pick for 2025 and a conditional second-round pick for 2027. Additionally, young forward Gavin Brindley, who was drafted 34th overall in 2023, joins the Avalanche lineup, bringing potential and promise after his stint with the AHL’s Cleveland Monsters.
Islanders Trade Dobson
In another notable transaction, the Montreal Canadiens have acquired defenseman Noah Dobson from the New York Islanders. Dobson’s new deal with the Canadiens extends for eight years, worth close to $70 million. Last season, Dobson provided the Islanders with 39 points, fueled by 10 goals and 29 assists.
What Islanders Gain
In exchange for Dobson, the Islanders have welcomed forward Emil Heineman and snagged two first-round draft picks from the Canadiens. Heineman, a promising 23-year-old, logged 18 points across 62 games last season. These strategic trades are pivotal as franchises position themselves for increased competitiveness within the NHL.
