The Edmonton Oilers have re-signed goaltender Mike Smith to a two-year contract extension.

The deal, first reported by <a href="http://www.puckpedia.com">PuckPedia</a>, is worth an AAV of $2.2-million.
Year one of the deal is worth a base salary of $1.9-million and $2.5-million in year two.
The move locks in the backup spot for the Edmonton Oilers for the next two seasons. Smith posted a .923 save percentage in 32 games last year for the Oilers.
It was an incredible year for Smith as he played some of the best hockey of his career. He posted a tremendous 21-6-2 record in those 32 games last year and was a key cog in helping the Oilers wheel spin.
The term of the deal helps give Smith the security he and his family was likely looking for. The hope is that Smith is able to give the Oilers some strong games next season in a backup role and the Oilers now need to turn their eye towards filling the starting role in free agency.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
The <a href="https://twitter.com/hashtag/LetsGoOilers?src=hash&amp;ref_src=twsrc%5Etfw">#LetsGoOilers</a> re-signed 39 y/o G Mike Smith to 2 year $2.2M Cap Hit Deal:
Yr 1: $1.9M Base Yr 2: $2.5M Base
.923 SV% in 32GP
Rep&#39;d by Kurt Overhardt <a href="https://twitter.com/KOSportsInc?ref_src=twsrc%5Etfw">@KOSportsInc</a> <a href="https://t.co/R6fWgBm7h6">https://t.co/R6fWgBm7h6</a>
&mdash; PuckPedia (@PuckPedia) <a href="https://twitter.com/PuckPedia/status/1418256191151435777?ref_src=twsrc%5Etfw">July 22, 2021</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Zach Laing is the Nation Network’s news director and senior columnist. He can be followed on Twitter at<a href="http://www.twitter.com/zjlaing"> @zjlaing</a>, or reached by email at zach@oilersnation.com.
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The Edmonton Oilers have re-signed goaltender Mike Smith to a two-year contract extension.



The deal, first reported by <a href="http://www.puckpedia.com">PuckPedia</a>, is worth an AAV of $2.2-million.

Year one of the deal is worth a base salary of $1.9-million and $2.5-million in year two.

The move locks in the backup spot for the Edmonton Oilers for the next two seasons. Smith posted a .923 save percentage in 32 games last year for the Oilers.

It was an incredible year for Smith as he played some of the best hockey of his career. He posted a tremendous 21-6-2 record in those 32 games last year and was a key cog in helping the Oilers wheel spin.

The term of the deal helps give Smith the security he and his family was likely looking for. The hope is that Smith is able to give the Oilers some strong games next season in a backup role and the Oilers now need to turn their eye towards filling the starting role in free agency.

https://twitter.com/PuckPedia/status/1418256191151435777

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Zach Laing is the Nation Network’s news director and senior columnist. He can be followed on Twitter at<a href="http://www.twitter.com/zjlaing"> @zjlaing</a>, or reached by email at zach@oilersnation.com.

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