Wednesday: The Oilers have made it official, extending qualifying offers to only Ethan Bear and William Lagesson. That leaves Athanasiou, Benning, Logan Day, Cameron Hebig, Ryan Kuffner, Ryan Mantha, Angus Redmond and Nolan Vesey unqualified. All of them will become unrestricted free agents on Friday.
Tuesday: The deadline to submit qualifying offers to restricted free agents is tomorrow evening and the Edmonton Oilers have some interesting decisions to make. After making his first-round selection tonight, Oilers GM Ken Holland spoke to reporters including Ryan Rishaug of TSN and explained that he doesn’t think the team will qualify Andreas Athanasiou or Matt Benning.
This is a scenario we discussed in our recent Free Agent Focus piece and is a disaster for the Oilers. Edmonton used two second-round picks (and Sam Gagner) to land Athanasiou from the Detroit Red Wings at the deadline and will now let him walk into unrestricted free agency just a few months later. The speedy forward ended up playing just 13 total games for the organization, scoring a single goal and being held completely scoreless in the Oilers four postseason games.
After scoring 30 goals in 2018-19, Athanasiou was a risky player to qualify for the Oilers given the flat cap landscape in the NHL. He would have required a $3MM offer just to retain his rights, but then could have earned even more than that through arbitration. Edmonton has just under $8.8MM in cap space and need to both re-sign restricted free agents Ethan Bear and Jesse Puljujarvi while also upgrading their roster considerably in free agency. If Oscar Klefbom is out for the season his cap hit can be placed on long-term injured reserve for a little more flexibility, but unless they thought Athanasiou was going to routinely play in their top-six his arbitration award was going to be too expensive.
Still, losing those draft picks and only getting a handful of games out of him hurts. The Oilers have several strong prospects but could have used the picks for a different trade upgrade this offseason. Instead, Athanasiou will enter the free agent market as a young, talented forward that could be a difference-maker in the right situation.