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Oilers' Frederik Andersen Signing Might Be the Best Bargain of the NHL Offseason

Frederik Andersen brings a Stanley Cup pedigree and $1.8 million in bonuses as Edmonton seeks more stability in goal.

  • On Wednesday, July 1, the Edmonton Oilers signed Stanley Cup champion Frederik Andersen to a one-year, $2.75 million contract, ending his five-season tenure with the Carolina Hurricanes.
  • Seeking stability after Tristan Jarry's recent performance, the Oilers added veteran depth with Stanley Cup Final experience to bolster their goaltending rotation.
  • To bolster their depth, the team also traded for 24-year-old Buffalo Sabres goalie Devon Levi on Tuesday, signaling a planned three-goalie rotation among Andersen, Jarry, and Levi.
  • The incentive-laden contract carries a $1 million salary cap hit with $1.8 million in performance bonuses, allowing the Oilers to retain $6.4M in projected cap space.
  • Andersen, who won the Stanley Cup with Carolina this year, posted a 13-2 playoff record and told Sportsnet, "It's tough to really describe how much he has meant to me," regarding his late agent Claude Lemieux.
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USA Today broke the news in New York, United States on Wednesday, July 1, 2026.
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