Rumour: Edmonton Oilers to buy out Jack Campbell's Contract

One of the biggest problems for Edmonton dating back to last season is the five-year, $25 million contract handed out to former Maple Leafs goaltender Jack Campbell, who was ultimately sent to the AHL after another poor start to the 2023-24 season.

In his first start with the Bakersfield Condors, Campbell allowed four goals on just 20 shots, and now, it appears the Oilers are ready to bite the bullet and buy-out the remaining 3.5 years of his deal.

Campbell's recent demotion to the AHL brings with it a cap hit of $3.85 million to the Oilers over the next three seasons, but it appears as though there's a way out of it, especially with the cap expected to rise significantly in the coming years.

The veteran becomes eligible for a buy-out on June 15, 2024, and if that happens, he will be on the Oilers books for a cap hit of $1.5 million for the next six-seasons, and while that will no doubt hurt, it's arguably the team's best option right now, as it appears there's no signs of him getting his game back anytime soon.

As Read on Oilers Daily - Edmonton Oilers Set to Buy Out Jack Campbell's Contract? Here's How Much It Will Cost