Centre Mike Peca signed a one-year, $2.5 million contract with the Toronto Maple Leafs. Peca scored 9-14-23 in 71 regular season games with the Oilers.  He elevated his game in the playoffs, scoring 6-5-11 in 24 games.

Peca

The Oilers have been left with no American Hockey League affiliation after both Hamilton (Montreal) and Iowa (Dallas) have decided to pull out of their joint affiliation agreements with Edmonton.  This, combined with the folding of the Oilers' ECHL affiliate in Greenville, has left a huge void for the players in the team's development system.  The Oilers are believed to be trying to work out a new AHL affiliation agreement with Milwaukee (Nashville), as well as with a couple of ECHL teams.
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Samsonov

Left winger Sergei Samsonov signed a two-year, $7.05 million contract with the Montreal Canadiens.  Samsonov scored 5-11-16 in 19 regular season games with the Oilers after being acquired at the trade deadline last season.  He added 4-11-15 in 24 playoff games.

Goaltender Ty Conklin signed an undisclosed two-year, NHL-AHL contract with the Columbus Blue Jackets.  Conklin became an unrestricted free agent after the Oilers declined the option on his contract. Conklin had a record of 8-5-1 with a 2.80 GAA and .880 save percentage in 18 games with the Oilers last year.  In his only playoff appearance, Conklin made a gaffe that will go down in Oilers' infamy.  He gave the puck away to Carolina's Rod Brind'Amour, leading to an empty net goal that cost the Oilers Game One of the Stanley Cup Final.

Conklin

Oiler forwards Ales Hemsky, Shawn Horcoff and Jarret Stoll file for salary arbitration.  As a result, no other teams can sign these players to offer sheets, but their compensation for next season will be decided by a third party unless the players can come to terms before their salary arbitration hearings.  Hearings run from July 20 to Aug. 4.
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Laraque

The Oilers lost one of their most popular players, as right winger Georges Laraque has signed a two-year, $2.4 million contract with the Phoenix Coyotes.  Laraque had been very vocal about his desire to remain an Oiler, but GM Kevin Lowe would not accommodate his request for a no trade clause in his contract. In 72 games with the Oilers last year, Laraque scored 2-10-12 with 73 PIM.  He added 1-1-2 with 44 PIM in 15 playoff games.

The Oilers' defence corps got even thinner after defenceman Jaroslav Spacek signed a three-year, $10 million contract with the Buffalo Sabres.  Spacek cited the decreased travel in the Eastern Conference as his primary motivation for signing elsewhere. Spacek scored 5-14-19 in 31 games after joining the Oilers mid-season.  In 24 playoff games, he added 3-11-14.

Spacek

A 3-1 win by the Carolina Hurricanes in game seven of the Stanley Cup Finals puts and end to the Oilers' magical playoff run.  The Oilers were the first-ever 8th seed team to win more than two rounds of the playoffs, and will have a well deserved Western Conference Championship banner to raise to the rafters at the start of next season. Congratulations, Oilers, for a wonderful playoff run.
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The Oilers have sent the Stanley Cup Final to a seventh and deciding game with a 4-0 win in game six.  The Oilers have trailed the Hurricanes 2-0 and 3-1 in the series, but have rallied for a chance to play for the Stanley Cup.
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Left wing Fernando Pisani became the first player in the history of the Stanley Cup Final to score a short-handed goal in overtime, as the Oilers defeated the Carolina Hurricanes 4-3 in Game 5 to stave off elimination.
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Oilers' goaltender Dwayne Roloson will miss the rest of the playoffs after suffering a right knee injury in Game One of the Stanley Cup Final.  Roloson was injured after a Carolina player was pushed into him late in the third period of the game..
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Defenceman Chris Pronger scored the first ever penalty shot goal in a Stanley Cup Final in a 5-4 loss to the Carolina Hurricanes in Game One.  The Oilers were awarded a penalty shot after a Carolina player covered the puck in the crease during a scrum.
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A 4-2 win in over the Buffalo Sabres in game seven of Eastern Conference Final allows the Carolina Hurricanes to advance to the Stanley Cup Finals to face the Edmonton Oilers.  The series begins Monday, June 5.
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The Oilers' player development system has taken another blow. Their ECHL affiliate, the Greenville Grrrowl, has announced that it will cease operations due to financial problems.  No replacement ECHL affiliate has been named.
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The Oilers have advanced to the Stanley Cup Final for the first time since 1990 after defeating the Anaheim Mighty Ducks four games to one.  The Oilers will play either the Carolina Hurricanes or the Buffalo Sabres.
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The Oilers have advanced to the third round of the Stanley Cup Playoffs for the first time since 1992 after defeating the San Jose Sharks four games to two.  The Oilers will play the Anaheim Mighty Ducks in the Western Conference Final.
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A 3-0 loss in game seven of their series against the Anaheim Mighty Ducks eliminates the Calgary Flames from the the Stanley Cup playoffs and sets up a second-round series between the Edmonton Oilers and the San Jose Sharks.  The series will begin Sunday, May 7 in San Jose.
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The Oilers have advanced to the second round of the Stanley Cup Playoffs after defeating the heavily-favoured Detroit Red Wings four games to two.  The Oilers will play either the Calgary Flames or San Jose Sharks in round two, and that series is expected to begin Saturday, May 6.
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With a win over the Anaheim Mighty Ducks, combined with a Vancouver loss to San Jose, the Oilers have earned a playoff spot for the first time since the 2002-2003 season.  The Oilers finish in eighth place in the Western Conference, and will play the NHL-leading Detroit Red Wings in the first round of the Stanley Cup playoffs.
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