Edmonton Oilers defenseman Jake Walman shooting the puck during an NHL game.

The Edmonton Oilers are at a crossroads with defenseman Jake Walman. As the 29-year-old enters the final year of his contract, rumors from Oilers insider Bob Stauffer suggest a monumental eight-year extension could be on the table. This is the kind of rumor that gets the hockey world talking, and for good reason. An eight-year deal for a player heading into his 30s is a massive gamble, but could it be a calculated risk worth taking for Edmonton?

The Pros and Cons of a Long-Term Deal for Walman

An eight-year contract is a powerful negotiating tool for the Oilers. No other team can offer that eighth year, giving Edmonton a unique advantage in retaining Walman’s services. With the collective bargaining agreement (CBA) set to change in 2026-27, potentially shortening contract lengths, locking in a key player long-term has its appeal. However, the risks are undeniable. Defensemen, especially those who play a physical game, can see their performance decline sharply in their mid-30s. An eight-year deal would keep Walman on the Oilers’ books until he’s 37, a fact that should give any general manager pause.

While Stauffer’s speculation is intriguing, a more prudent approach for the Oilers would be a shorter-term deal. A four or five-year contract would still reward Walman with a significant pay raise from his current $3.4 million cap hit and provide him with security, without saddling the Oilers with a potentially problematic contract down the line. This would be a win-win, keeping a valuable player in the fold while maintaining long-term flexibility. The latest Jake Walman contract rumors will certainly be a hot topic as the season progresses, and the Oilers’ decision will have a major impact on their defensive corps for years to come.

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