The Edmonton Oilers appear to have finished up all their major shopping ahead of Friday’s trade deadline.

After picking up defenceman Connor Murphy as well as forwards Jason Dickinson and Colton Dach, it appears GM Stan Bowman is finished with his deadline shopping this year. At least, that is what it sounded like during his media availability on Thursday.

The Oilers entered the trade deadline in a peculiar cap situation. They did not have a lot to spend, and there was some fear among the fanbase that it would hinder the team’s ability to make meaningful additions.

However, Bowman was able to get the Chicago Blackhawks to retain 50 percent of the salary on both Murphy and Dickinson’s contracts, while also taking the entirety of Andrew Mangiapane’s $3.6 million off Edmonton’s books. That helped facilitate the trades, but where does that leave the Oilers’ cap situation now?

The Blackhawks’ retention has pushed Murphy’s cap hit down to $2.2 million, while Dickinson will count as $2.125 million against the cap. Dach’s contract did not include retention, but he comes in at a very reasonable $825,00o.

When you take into account Mattias Janmark’s $1.45 million being placed on LTIR, the Oilers are now sitting with a grand total of $475,000 in available cap space.

This severely hinders Edmonton’s ability to add another significant piece into the lineup without either sending down players or shipping out another contract in the process. It is probably one of the reasons why Bowman is likely done making any more deadline deals.

There does appear to be a light at the end of Edmonton’s tight cap situation as early as this summer. As it stands, all three of Murphy, Dickinson, and Dach will have their contracts expire after the season, meaning all three of those cap hits are set to come off the books.

Other Oilers players set to have their contracts expire this summer are:

Adam Henrique ($3 million)
Jack Roslovic ($1.5 million)
Kasperi Kapanen ($1.3 million)
Connor Ingram ($1.15 million)
Spencer Stastney ($825,000)
Curtis Lazar ($775,000)

Some of those players may sign extensions between now and July 1. However, as it stands, with the NHL cap limit rising from $95.5 million to $104 million next season, the Oilers are projected to have about $16.7 million in cap space to play with over the summer without any major players to re-sign.

So, while the team may not have a ton of cap space to make a major trade at this year’s deadline, that could change once the season comes to an end.