Breaking News: Oilers Do Not Match Offer Sheets, Holloway and Broberg to St. Louis

Oilers have not met the Blues offer sheets, sending Broberg and Holloway to St. Louis

The Edmonton Oilers will not match last week’s offer sheets, making defenseman Philip Broberg and forward Dylan Holloway St. Louis Blues. The Oilers will receive a second and third-round pick from the Blues as compensation.

On Tuesday morning, the Blues also traded a 2028 third-round pick and defenseman Paul Fischer to the Oilers for future considerations.

Holloway, Broberg to Blues

Now that the dust has settled, Philip Broberg receives a two-year deal at $4.5 million per season, with a second-round pick heading to the Oilers. Broberg had two assists in 12 regular season games last season. In the post-season, he was a +8, scoring one goal and three points, and averaged 15:47 minutes of ice-time during the Oilers Stanley Cup run.

Every offer sheet is an over-pay at first. That’s the cost of doing business this way, and that is certainly the case for Broberg. With only 81 career regular season games under his belt, it’s hard to justify the $4.5 million number. That being said, his ceiling is incredibly high, and since the contract is only two years long, a raise in the summer of 2026 would not be too much higher than that number.

Dylan Holloway is now signed to a two-year, $2.3 million contract, with a third-round pick being sent to Edmonton. Holloway, the 14th overall pick in 2020, has played 89 games for the Oilers the last two years, scoring nine goals and 18 points in the time. He played all 25 games for the Oilers in the playoffs, scoring five goals and seven points.

While these young talents still have much to prove, the Blues have done a great job adding youth, speed, and depth to a young core that will lead this team for years to come. Kyrou, Thomas, and Buchnevich, will all be in St. Louis until at least 2030, while veteran defensemen Krug and Faulk are in the fifth year of seven-year deals. The Blues add Ryan Suter in the offseason to add depth, and according to Puck Pedia, is currently slotted to be Broberg’s partner on the back end.

What This Means for Edmonton

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In trading Cody Ceci and his $3.25 million and having the option to place Kane on the LTIR, the Oilers appeared to be positioning themselves to match at least one of these offer sheets. They lost two of their favorite draft picks in recent years, and in the short term, this stings.

“By matching, the Oilers would have boxed themselves in with the salary cap,” TSN Oilers analyst Ryan Rishaug explained. “Oilers decided to maintain flexibility and options rather than match.”

However, not only does this decision make them cap compliant for the 24-25 season, it also ensures flexibility for the next few seasons. Leon Drasaitil is in the last year of his deal, and McDavid will be entering his final year next summer. Broberg and Holloway will be missed, but the Oilers’ moves this summer have already bolstered the depth on the front end, and the cupboard is not bare on defense.

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