Oilers to sign Trent Frederic to eight-year extension

As expected, the Oilers are set to finalize an eight-year extension for forward Trent Frederic on Friday, Elliotte Friedman of Sportsnet reports. The total value will be in the $30MM range for an AAV and cap hit of just under $4MM. TSN’s Darren Dreger narrows it down to a $3.85MM AAV for a total value of $30.8MM.

It’s a big payday for a player whom Edmonton hasn’t had a lot of eyes on since they acquired him from the Bruins before the trade deadline. He was dealing with an ankle injury at the time of the deal, only to re-injure it in his first game as an Oiler on April 5. He was back two weeks later for the playoffs, where the gritty and versatile 6’3″ forward was limited to four points in 22 games while averaging 11:24 per game.

That makes such a long-term and well-compensated commitment for someone who played as limited a role as Frederic did in the postseason quite shocking. Edmonton is clearly signing this deal not based on the role he played but the role they anticipate him playing moving forward, though. They’ve already lost a top-nine winger this offseason by trading Evander Kane to the Canucks and could still be poised to lose another in an additional cap-clearing trade. They could also lose all of Connor Brown, Kasperi Kapanen, Corey Perry, and Jeff Skinner to the open market next week, gutting their wing depth.

As such, Frederic is slated for a significant increase in deployment next season, potentially as high as top-six duties on a line with Leon Draisaitl or Ryan Nugent-Hopkins down the middle, depending on which one more frequently flexes up to play on Connor McDavid’s wing. In doing so, the Oilers hope he’ll not only rediscover but exceed the offensive form he found during the 2022-23 and 2023-24 seasons with Boston.

The 2016 first-rounder’s development was a slow burn, but he finally arrived as a legitimate top-nine piece in those years, totaling 71 points and a +37 rating in 161 games despite only averaging 12:51 per game. He posted a career-high 18 goals, 40 points, and 204 hits in all 82 games with Boston last year before experiencing significant offensive regression in 2024-25. Before the deal to Edmonton, Frederic managed an 8-7–15 scoring line with a -14 rating in 57 games for the B’s.

While that explains the cap hit, it will remain interesting to hear the organization’s rationale for doling out an eight-year contract for a player already in their peak years at age 27 with a relatively limited track record of middle-six production. Frederic will now be under contract with Edmonton through the 2032-33 season, his age-34 campaign.

The Oilers will be down to $12.35MM in cap space for next season after Frederic’s deal is registered. The overwhelming majority of that will be taken up by a new deal for RFA defenseman Evan Bouchard that’s expected to cost at least $10MM. That would leave the Oilers with around $2-3MM in space to fill two roster spots, enough to round out the roster but not to make any high-profile additions.