Horcoff signs extension
Lowetide is going to have to change his tagline.
It's a six-year deal, with the financial terms at this point undisclosed. I'd expect it would be in the $5- to $6-million range. He is signed through 2014-15.
Horcoff turns 30 in September and is one of the more underrated players in the Western Conference. He's likely a future captain of the Oilers, as well.
He is also heavily involved with the NHLPA.
UPDATE Here's Kevin Lowe: "Shawn has proven himself as one of the premier players in the National Hockey League and has been and will continue to be an integral part of our organization moving forward. By being proactive with this deal, we avoid being in a situation where Shawn could become an unrestricted free agent after next season and the unknown free agency can bring to the organization. Having him under contract long-term is something that has been on our radar for a long time and we are extremely pleased to finalize this deal."
And Horcoff: "This is a great day for myself and my family. Edmonton is a great city and one that has embraced us in every way possible. I've spent my entire career with the Oilers and I'm thrilled about the direction we are heading in, led by our new owner Daryl Katz and General Manager Kevin Lowe. I'd like to thank the Edmonton Oilers and our great fans for making this possible."
UPDATE The Team 1260's Bob Stauffer says it is a $33-million deal, or a $5.5-million cap hit. Sounds about right.
Lowetide's having a beer, the universal sign for all being well in Oilerdom.