Edmonton oilers logo with the words Jack Campbell buyout below the logo
The Edmonton Oilers buy out goaltender Jack Campbell's contract after a disappointing season. Explore the financial implications and the Oilers' search for a new starting goalie.

In a move that surprised few, the Edmonton Oilers have placed goaltender Jack Campbell on unconditional waivers for the purpose of a buyout, as reported by NHL insider Frank Seravalli.

The decision to part ways with the 32-year-old netminder comes after a tumultuous season marked by inconsistency and underwhelming performances.

Campbell, who signed a five-year, $25 million contract with the Oilers in 2022, failed to live up to expectations, posting a disappointing .881 save percentage and a 3.96 goals-against average in 41 games. The Oilers’ hopes of solidifying their goaltending position were dashed as Campbell struggled to find his form, leaving the team vulnerable in net.

Oilers Cut Ties with Struggling Netminder Jack Campbell

The buyout will span six years, costing the Oilers $9 million while saving them $4.5 million. However, the move carries a significant financial burden for the team, as they will be paying a substantial sum for a player who is no longer on their roster.

With Campbell out of the picture, the Oilers’ search for a reliable backup goaltender intensifies. The team is expected to explore both the free-agent market and potential trade options as they look to address their glaring need in net.

The decision to buy out Campbell highlights the Oilers’ willingness to make difficult choices to improve their roster. However, it remains to be seen whether this gamble will pay off and lead to the team’s ultimate goal of winning the Stanley Cup.

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