The Edmonton Oilers face a tight salary cap situation heading into free agency on July 1, limiting their ability to pursue high-priced talent. With a weak free agent class, the team may benefit from targeting bargains to build depth for a championship run, as requested by star Connor McDavid.
Forward Options
The Oilers have historically erred by signing scoring forwards for top-six roles when they need speed and physicality in the bottom six. This year, several available forwards fit that need.
1. Beck Malenstyn
Malenstyn, 28, stands 6'3" and weighs 209 lbs. He was acquired by the Buffalo Sabres for his speed and checking ability. In the 2026 playoffs, he excelled and, according to NHL Edge data, is one of the few players as fast as Connor McDavid. He led the Sabres in hits by a wide margin and contributed 14 points this season. He represents a higher-quality checking forward than past Oilers acquisitions like Adam Henrique or Corey Perry. His contract is expected to land around a $2.5 million AAV.
2. Ryan Lomberg
Lomberg, 31, is a 5'9", 184-lb forward known from the 2023-24 Stanley Cup Final with the Florida Panthers. He offers solid depth with a scoring touch but was phased out of the Calgary Flames lineup to make room for younger players. He would be a cheap alternative to Andrew Mangiapane, whom the Oilers missed on this season. His deal is projected at a minimum contract, around $1.2 million AAV.
3. Alex Kerfoot
Kerfoot, 31, is 5'11" and 185 lbs. He has 50-point upside but is willing to play a third-line role as a dependable checking forward. He makes few mistakes with the puck and can log quality minutes to rest top players. Once the Oilers offload Darnell Nurse's contract, they should have the cap space for Kerfoot, who fills a stability role the team has overlooked.
Defense and Goaltending
In addition to forwards, the Oilers could target bargain defensemen and goaltenders. On the blueline, candidates include Jeremy Lauzon, a physical defender, and other depth options. In net, Eric Comrie is a potential cheap backup to complement starter Stuart Skinner. These additions would provide much-needed depth for an all-in push.
According to analyst Ian Smyth, the Oilers' limited cap space and weak free agent class make bargain hunting essential. By focusing on speed, checking, and versatility, Edmonton can build a deeper roster to support McDavid and chase a Stanley Cup.
