The Edmonton Oilers avoided an arbitration hearing with Gilbert Brule, as they signed him to a 2-year contract reportedly worth $1.85M per year.
Per Edmonton Oilers official e-mail:
Brule, 23, had 37 points (17G, 20A) in 65 games with the Oilers. He finished fourth in team scoring, second in goals and tied for first in game-wining goals with three.
This leaves the Oilers with over $12M of cap space, with 1 guy left to fill out a 23 man roster (thanks to gr8one for the correction noting that I was looking at the wrong year at first!). *thumbs up* Of course they will sign Gagner to a decent contract (my guess is around the $2.5M mark) and they also need a decision on Cogliano. But still, our cap situation is much better than it’s been before. So no more begging for change, Katz.