The Edmonton Oilers have signed Cam Talbot to a 3-year contract extension

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This morning, the Oilers announced they signed G Cam Talbot to a 3-year contract extension. While the team did not release details of the contract, General Fanager reports Talbot’s deal is worth $4 166 666 million a year.

General Fanager also reports there is a No Movement Clause in 2016-2017 and 2017-2018 that begins the day the deal was signed. In the final year of his contract, Talbot will have a Modified No Trade Clause which will allow him to submit a list of 10 teams he will accept a trade to.

This is a deal that makes Cam Talbot the 24th highest paid goaltender, and in company with Devan Dubnyk, Craig Anderson, Jonathan Bernier and Steve Mason.

 

Name Team GP Sv% Low-Danger Sv% Medium-Danger Sv% High-Danger Sv% Goals Against Average Shots Faced per 60 minutes Cap Hit
Cam Talbot NYR/EDM 62 92.1 96.86 91.5 84.74 2.4 29.92 $1.45 Mil ($4.166 on new deal)
Steve Mason PHI 78 92.3 97.06 93.94 83.13 2.45 31.05 $4.1 Mil
Devan Dubnyk MIN/ARI 105 92.45 97.03 92.81 83.99 2.25 29 $4.3 Mil
Jonathan Bernier TOR 79 90.89 95.83 91.07 83.18 3.00 32.32 $4.15 Mil
Craig Anderson OTT 74 92.28 97.03 92.33 83.2 2.64 33.01 $4.2 Mil

Compared to other goalies with similar salaries since the start of the 2014 – 2015 season, it’s clear that Talbot is right in the mix with them all. For what it’s worth, Cam Talbot had the sixth highest High-Danger Sv% during that time among goalies who have played 3500 minutes.

This is a deal that makes sense for the Oilers moving forward. The salary is reasonable compared to other goalies around the league and I think it is fair to say that he has the ability to be a starting goaltender, especially given his play in the past two months.

During October and November, Cam Talbot had a 88.08 Sv% and a 3.47 GAA in 13 games played. In the 13 games he has played since then, he has posted a 93.8 Sv% and a 2.00 GAA.

Talbot has certainly turned his season around while this deal is a good value for what he has provided. It has the chance to become a really good deal if he is able to continue to progress.

One thing I find interesting is the way his no movement clause is set to allow for a trade to 10 teams in the final year of his deal. Laurent Brossoit, who was acquired from the Calgary Flames in a deal that sent back Ladislav Smid, is currently playing very well in the American Hockey League as a starter has a chance to become the Oilers starting goalie in the future.

Should Brossoit continue to progress to a starting NHL role, the Oilers have flexibility in being able to move on from Talbot should the team decide it to be necessary.

Zach Laing Written by: