The Edmonton Oilers are set to bring back a familiar face, re-signing forward Kasperi Kapanen to a one-year contract with an average annual value (AAV) of $1.3 million. This move adds to the Oilers' forward depth as they prepare for the upcoming season.
Kapanen, a 28-year-old Finnish right winger, joined the Oilers mid-season and played 57 games, contributing five goals and 13 points. He also played a role on the penalty kill and recorded 73 hits. In the playoffs, Kapanen elevated his game, scoring three goals and six points in 12 games while increasing his ice time. One of those goals was the series-clinching overtime winner against the Vegas Golden Knights.
Oilers' head coach Kris Knoblauch highlighted Kapanen's speed, strength, tenacity, shot, and versatility as key reasons for the team's interest. Kapanen's ability to play in various situations and alongside different linemates makes him a valuable asset.
Kapanen's journey to Edmonton involved a few stops. Drafted by the Pittsburgh Penguins in the first round (22nd overall) of the 2014 NHL Entry Draft, he later played for the Toronto Maple Leafs and St. Louis Blues. The Oilers claimed him off waivers from the Blues in November 2024.
Throughout his NHL career, Kapanen has shown flashes of offensive potential. During the 2018-19 season with the Maple Leafs, he recorded a career-high 20 goals and 44 points. In 527 career games, he has accumulated 90 goals and 227 points. While his scoring hasn't always been consistent, his speed and willingness to engage physically have made him a useful player.
Some analysts believe Kapanen found a "home" in Edmonton, praising his ability to move up and down the lineup and contribute on the penalty kill. His improved performance in the playoffs further solidified his value to the team.
The Oilers have approximately $12 million in projected cap space, even with Kapanen's new contract. They are expected to extend Evan Bouchard and make other additions. The team may also trade Viktor Arvidsson to free up additional cap space.
Kapanen himself has expressed gratitude for the opportunity to play for the Oilers, stating that he felt it could be his last chance in the NHL. He is now relishing his role with the team.