Edmonton Oilers Acquire; Sign Jayden Grubbe

3:07 PM: Shortly thereafter, the Oilers announced that Grubbe has signed a three-year entry-level contract with the organization. The deal will run until the end of the 2025-26 NHL season. The contract will also carry an AAV of $925K in the NHL, and an AAV of $80K in the AHL.

12:04 PM: With tomorrow’s deadline approaching for many expiring draft rights, a few last-minute dealings may be made. The Edmonton Oilers have done just that, acquiring Jayden Grubbe from the New York Rangers in exchange for a 2023 fifth-round pick. If not signed by tomorrow evening, Grubbe’s rights would no longer belong to the Oilers.

The fact that they made this trade suggests that an entry-level contract will soon follow, though it has not yet been announced. Grubbe, 20, was a third-round pick of the Rangers in 2021 but still hasn’t taken the jump to elite production in the junior level, despite his NHL size.

In 2021-22 he had just 14 goals and 35 points in 68 games, and while this year was better—18 goals and 67 points in 64 games—it may still not have been enough to make the Rangers interested in offering him a deal.

That, or perhaps the Alberta native didn’t see a future for himself in the Rangers organization. He’ll now get a chance to sign closer to home, and start his professional career with the Oilers minor league system.

Standing 6’3″, Grubbe has shown some flashes, but has a long way to go before making an impact at the NHL level. The fact that the Rangers landed a fifth-round pick for him is rather impressive, given how close they were to losing him for nothing.

From the Oilers perspective, this may have been their best chance at landing the young forward. Should Grubbe’s rights expire, he could re-enter the draft. If they were willing to spend a fifth (or higher) on him anyway, it makes sense to do the deal ahead of tomorrow’s deadline.