The Oilers have signed Zach Hyman to a seven-year contract worth $38.5 million ($5.5M AAV).

Smith struggled in 2020 but the Oilers brought him back for 2021 and he flourished. At age-38, Smith went 21-6-2 with a 2.31 GAA and .923 SV% in 32 games and will head into 2021-22 as the Oilers' No.1 starting goalie with a more certain future after signing a two-year contract.