{"id":162961,"date":"2026-02-04T03:03:54","date_gmt":"2026-02-04T03:03:54","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/162961\/"},"modified":"2026-02-04T03:03:54","modified_gmt":"2026-02-04T03:03:54","slug":"looking-at-the-oilers-cap-situation-after-pickard-cleared-waivers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/162961\/","title":{"rendered":"Looking at the Oilers cap situation after Pickard cleared waivers"},"content":{"rendered":"<p>The Oilers were putting off a tough decision, given that, from all accounts, Pickard appears to be a well-liked member of the dressing room. Although he\u2019s been huge in the playoffs when the Oilers needed him to be, the 33-year-old has struggled in 2025-26, posting an .871 save percentage and 3.68 goals against average in 16 games played.<\/p>\n<p>In December, the Oilers traded for Tristan Jarry, and when Jarry went down with an injury, they recalled Connor Ingram. Pickard got a run of games from late December until early January, but once Jarry returned, Pickard has been the odd man out, not having played since January 8th.<\/p>\n<p>Pickard isn\u2019t expected to join the AHL\u2019s Bakersfield Condors until after the Olympic break, though they could still assign him there, and if there\u2019s a situation that arises where they need to recall him, he\u2019ll need to play at least one game , as the league eliminated paper moves.<\/p>\n<p>Because the Oilers are over the cap and operating in their long-term injured reserve pool, they don\u2019t accrue cap space from this transaction. According to Puckpedia, with Pickard sent down, the Oilers are still a little over $1.5 million over the cap, once accounting for Adam Henrique\u2019s contract.<\/p>\n<p>While they aren\u2019t accruing cap right now, that would easily change by trading Andrew Mangiapane. In trading his full cap hit of $3.6 million and not getting any salary back, the Oilers would be out of the LTIR pool and accruing cap. That said, the Olympic roster is free on Friday at 1:00 PM MT, so a move will need to come sooner rather than later.<\/p>\n<p>Alternatively, they could theoretically get out of the LTIR pool by sending both Matthew Savoie and Josh Samanski down. The latter is set to play for <a class=\"text-accent\" href=\"https:\/\/oilersnation.com\/news\/edmonton-oilers-prospect-josh-samanski-named-to-germanys-olympic-roster\" rel=\"nofollow noopener\" target=\"_blank\">Team Germany<\/a> at the Olympics, while Savoie could benefit from some minutes in the AHL, as the Condors play six games over the Olympic break. This doesn\u2019t seem likely, as the Oilers play a night game on Wednesday and dropping below 12 forwards is not a great recipe for success.<\/p>\n<p>Could Pickard being sent down be a precursor for another move before the roster freeze, as they now have $1.425 million in cap space? Who knows. If they don\u2019t make a trade before the roster freeze, it stands to reason they\u2019ll be active ahead of the March 6th trade deadline, as the Oilers have quite a few needs, including a third line centre.<\/p>\n<p>We\u2019ll see if anything comes of this.<\/p>\n<p>Ryley Delaney is a Nation Network writer for Oilersnation, FlamesNation, and Blue Jays Nation. Follow her on Twitter @Ryley__Delaney.<\/p>\n","protected":false},"excerpt":{"rendered":"The Oilers were putting off a tough decision, given that, from all accounts, Pickard appears to be a&hellip;\n","protected":false},"author":2,"featured_media":162962,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[151,153,152],"class_list":{"0":"post-162961","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bakersfield","8":"tag-bakersfield","9":"tag-bakersfield-headlines","10":"tag-bakersfield-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/162961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=162961"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/162961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/162962"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=162961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=162961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=162961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}