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Hall signs seven-year extension with Oilers

Aug 22, 2012, 1:42 PM EDT

Taylor Hall Getty Images

Taylor Hall has signed a seven-year contract extension with the Edmonton Oilers, the club announced today.

According to TSN’s Bob McKenzie, the deal will pay Hall, 20, $6 million a season once it starts in 2013-14.

Hall will remain Edmonton property through 2019-20 when, based upon the current CBA, he’ll be eligible to become an unrestricted free agent.

Hall scored 49 goals and 46 assists in his first two seasons since being taken first overall in the 2010 draft. But if there’s a risk for the Oilers in making such a lengthy commitment, it’s Hall’s inability to stay healthy so far in his short career. The speedy winger played just 65 games in 2010-11 and 61 in 2011-12.

With Hall under contract, the club’s next goal may be to get Jordan Eberle signed to a long-term deal.

  1. mendenhallfumblemachine - Aug 22, 2012 at 1:49 PM

    Talk about being paid on potential. Is he worth 6 million now? No. If he continues to improve and stays healthy this could turn out to be a pretty good price.

  2. hockeyflow33 - Aug 22, 2012 at 1:57 PM

    That sets a new bar for a Seguin deal

    • odj810 - Aug 22, 2012 at 8:26 PM

      i predict seguin will go for 7 and 35M. (wishful thinking a little bit). Hall got over paid.

  3. lordfletcher - Aug 22, 2012 at 2:02 PM

    Yikes. Hall has been a great teammate and future leader for this team from what I have read and seen, but on ice perfomance and staying healthy is what should be generating this contract… and $6 per, is not a good deal for Edmonton in my eyes, should be $5 per / max… Hall congrats!

    • hockeyflow33 - Aug 22, 2012 at 2:04 PM

      Especially considering that not only do they a handful young guys to sign, but they still need a #1 goalie and some defensive help

    • atwatercrushesokoye - Aug 22, 2012 at 7:30 PM

      They completely paid for potential here, but hes a talented player when healthy, and ill say something neither of us will like since i cheer for their biggest rival and youre a Wild fan but im pretty sure the Oilers will end up happier with this 7 year contract than the Wild will be with the two 13 year contracts.

  4. t16rich - Aug 22, 2012 at 2:07 PM

    I am not saying to follow the NBA’s new agreement, but putting a max on contracts at 5 years is one thing I would like to see.

    • danphipps01 - Aug 22, 2012 at 3:19 PM

      Agreed. Maybe toss in an exception for one player on the roster so GMs can lock up their Crosbys and Girouxs and franchise-cornerstone guys for longer, but for one player at most.

      • atwatercrushesokoye - Aug 22, 2012 at 7:34 PM

        I prefer a 5 year max myself, my question about the “loophole” contract would be, what happens if that player ends up being traded during that contract? Does the new team get the chance to sign one of their own players to the loophole contract plus the player that they traded for, since they didn’t give out that contract? Maybe there can only be 30 loophole contracts in the league and if you trade one you can’t give out another one until your former player’s contract ends?

  5. sergeikremlin - Aug 22, 2012 at 2:23 PM

    And so begins the contract conundrum for the Oilers’ talented up-and-coming forward group.

    Hall – yet to play more than 65 games in a season or hit the 30 goal mark and gets $6M.

    Eberle – 34 goals, 78 points…what is he worth now considering he’s outperforming Hall?

    Nugent-Hopkins – Contract up in two seasons. Could get extended next summer. Had a huge rookie year; if he keeps it up he has to be at or above Hall’s number.

    Yakupov – Hasn’t even played a game, but will be in line for a payday the year after RNH if he lights it up.

    • danphipps01 - Aug 22, 2012 at 3:16 PM

      Yeah… this was a mistake. Eberle’s not going to take less as long as he’s proving himself to be the better player, and RNH is probably the best of the lot, so he’ll be in line for… oh, probably more than $7m according to management’s logic. And they still need D and a goalie. They’re gonna need to trade one of the four. There’s no way to keep them all at salaries like that or better and still have an NHL-calibre back end.

      • jernster21 - Aug 22, 2012 at 3:49 PM

        Don’t be surprised if the Oilers are one of the teams screaming bloody murder for help in regards to the new CBA to help them out so they can afford to keep all those guys. This signing doesn’t surprise me in the least…they ridiculously overpaid Dubnyk who hasn’t proved any signs of being a good #1 goalie. They have 7.25m wrapped up in two goalies!

      • danphipps01 - Aug 22, 2012 at 4:10 PM

        No kidding. “Save us, Gary! We don’t want to pay these people what we promised when we signed their contracts!”

      • atwatercrushesokoye - Aug 22, 2012 at 7:24 PM

        Yes because a team who sold out every game last year, has a newer bigger building coming in 3 years and oh yeah made over $17 million in 10-11 and not to mention has a very wealthy local owner is in financial trouble.

        I’m not an Oilers fan by any means but this isn’t a case like hypocritical Minnesota where a team is losing money, claiming poverty and then goes out and gives out twin contracts that they say they can’t afford, the Oilers have the means to pay their bills.

        One last thing, not sure who your team is but since you’re making fun of a team that made over $17 million in 10-11 I’ll just point out that they made more money than such prominent teams as the Wings, Bruins, Blackhawks, Flyers, Penguins…I’ll actually just ruin it for you only 4 teams made more than the Oilers did.

      • danphipps01 - Aug 22, 2012 at 9:02 PM

        Isn’t it a shame that all teams have the same salary cap regardless of how much money they make? It’s almost like the game is supposed to be balanced and fair or something.

        Reality check – no matter how much the Oilers make in revenue, their cap is the same as the rest of the League’s, and unless RNH, Yakupov and Eberle all fail to live up to expectations in the next couple of years, this contract will set the bar for all three – leaving the Oil with a ludicrously expensive top-six and the same terrible back end with not a lot of cap room to upgrade it. Oh, and their bottom six depth is pretty bad too, and also in need of a bit of spending to upgrade it. This isn’t a team that can afford to hand out four $6m+ contracts at forward, and all the rest of the kids have to do now is perform at least as well as Hall to put themselves in position to demand exactly that.

      • atwatercrushesokoye - Aug 22, 2012 at 9:31 PM

        That’s why they’re locking the players up now long term, getting them for what seems a little expensive at the time but has a very good chance of being a bargain 5 years from now. Also if you look at the contracts that are being handed out to a top 20 forward and a top 10 defenseman this contract doesn’t look that bad.

        The salary cap will be an issue whether you sign them all now or wait to sign them long term, and no doubt down the road they’ll have to make choices, but I think it’s better to put yourself in the position to have to make those decisions rather than being like Nashville and praying that players will stay.

    • violettdesire - Aug 22, 2012 at 4:44 PM

      People who say Eberle is a better player than Hall are jumping the gun. Yes, Eberle notched more points than Hall this season, but that doesn’t mean he’s the better player necessarily. Eberle, last season, played very sheltered minutes under Renney. He, along with RNH, received a lot offensive zone starts and played against weaker competition than Hall did. Taylor Hall was deployed for more defensive zone starts and played against stiffer competition last season (after veterans Horcoff, Smyth and Hemsky, he received the toughest minutes/competition on the Oilers squad) and still managed 27 goals and 53 points in some 60 games. Granted, Eberle is a lot more durable than Hall is (thus far in their career) but he isn’t the better player. Assuming Krueger will be toughening up Eberle’s competition this upcoming season, it wouldn’t be suprising to see Eberle’s point totals drop or see him struggle a little. Eberle will probably receive the same contract as Hall.

      • atwatercrushesokoye - Aug 22, 2012 at 9:33 PM

        I think Eberle is the one that could turn out being the bad contract if they give all 3 players the same thing, the other two are better players.

  6. andypoo38 - Aug 22, 2012 at 2:28 PM

    this should have been a much shorter extension….not smart at all….all the young ones will want an extension along these lines now….Oilers will have to let one or two go for sure now ; )

    • violettdesire - Aug 22, 2012 at 4:47 PM

      I think they’re betting on all the kids getting the same contract as Hall.

  7. furkmyster - Aug 22, 2012 at 3:41 PM

    That is quite a bit of cash. Eberle deserves atleast the same, if not more. RNH’s next contract will be dictated by the new CBA though.

  8. elrock7 - Aug 22, 2012 at 8:06 PM

    Another contract over 5 years by the owners who want to limit them to 5 years. Hmmm….

    Get ready for football and basketball because these owners are stupid beyond repair! Long, long lockout.

    • violettdesire - Aug 22, 2012 at 9:53 PM

      Actions speak louder than words. It kind of makes you wonder if this is what the owners really want…

  9. pastabelly - Aug 22, 2012 at 10:19 PM

    The Bruins would be lucky if they could get Seguin to sign a deal like that. He’ll want more than Hall and probably deserves more.

  10. ray2013 - Aug 22, 2012 at 11:08 PM

    If there’s one thing you can take from this signing, is that all the young players are envisioning all staying in Edmonton long-term with a chance to build a future winner as their goal. Like Lebron, D-Wade & C-Bosh, these young players have decided that they want to stay together and play together for their majority of their careers. Talk of a Big-5 (Hall, Eberle, RNH, Yak & JSchultz) staying together and winning together is a common discussion, and it started with those five players starting that talk themselves, not media hype or fans wishing. Hall signing this contract seems to be just step one in their plan to bring a Cup to Edmonton.

    But as an objective observer, I don’t know if Tambellini is the right GM to make this happen. I don’t see a problem locking up top talent to long-term deals, it’s the relatively big money to players who don’t necessarily deserve it; like giving 10-goal scorer Hemsky $5 million a year or giving starting money to a goalie who hasn’t proved he’s earned it yet, or his failure to press charges against Khabibulin, who’s just been stealing money from this team (outside a hot start last season).

    • atwatercrushesokoye - Aug 23, 2012 at 4:38 PM

      Well said, although as an outsider I think down the road a few years Klefbom will replace either Eberle or Yak as part of the big 5. I do agree with you about Tambellini, my brother in law is a massive Oilers fan and he thought I was completely messing with him when I told him about the Hemsky signing, when he realized it was true he just shook his head. So with that being said I think it’s going to be the next GM and coach of the Oilers who experiences this young Core’s biggest successes.

      As a Flames fan I’m torn, on the one hand I completely enjoy watching the Oilers sitting at the bottom of the standings, but on the other hand I like the fact that this team looks like they’re going to keep their young talent together which is good not just for hockey but specifically hockey in Alberta, maybe this will be the pressure the Flames need to finally fix their badly broken foundation and start fixing things the right way so that both teams can rise again and we can enjoy the battle of Alberta like it was in the later part of the 80’s.

  11. ray2013 - Aug 23, 2012 at 5:27 PM

    I have talked to a few Flames fans. None of them would object to the Flames blowing it all up, trading Iggy, Kipper & J-Bow for picks and prospects and start over. What kind of trade value would they have for teams wanting to load up for a playoff run? Some of the top prospects for next year’s draft could really provide a shot in the arm for a struggling organization. As someone who watched the Battle of Alberta at its heights, I’d be more than happy to see the Flames build up a team that would be prepared to battle the Oilers on a regular basis.

    re: Klefbom, I know some people are high on him, but I am not sold. If you read Edmonton papers, they have lots of articles about every prospect doing everything they possibly can to play with the Oilers when the season starts. The singular goal is to be an Oiler. Well, every prospect but Klefbom. He didn’t seem excited when the Oilers drafted him, and isn’t in a hurry to be in the NHL. If anything, I think he could be like Tim Erixon but that’s just my opinion.

  12. phillyphanatic76 - Aug 23, 2012 at 9:00 PM

    I know Hall has a ton of potential but this deal seems kind of outrageous. I get that he’s still very young and seems like he could be a future captain, but he’s scored 22 and 27 goals, respectively, over the last two years. How does that warrant a $6mil cap hit? If anyone on the Oilers deserves to be overpaid it’s Eberle and I imagine his deal will be coming very soon. It’s good that Edmonton is locking up its young talent base for the long-term, but won’t handing out deals like this to Hall then Eberle then Nugent-Hopkins next year hurt their chances of retaining their entire core in the future? Especially if the Cap is reduced in the new CBA

    • danphipps01 - Aug 25, 2012 at 12:50 AM

      This IS the team that pays Horcoff five and a half million dollars a year ’till 2015, bear in mind. They’re not exactly known for how well they gauge the dollar value of their players.

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