Edmonton Oilers Net Worth is225 $Million
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The Edmonton Oilers are a professional ice hockey team based in Edmonton, Alberta, Canada. They are members of the Northwest Division in the Western Conference of the National Hockey League (NHL).
The Oilers were founded on November 1, 1971, with the team playing its first season in 1972, as one of twelve founding franchises of the major professional World Hockey Association (WHA). They were originally intended to be one of two WHA teams in Alberta (the other one being the Calgary Broncos). However, when the Broncos relocated to Cleveland, Ohio, before the WHA's first season began, the Oilers were renamed the Alberta Oilers. They returned to using the Edmonton Oilers name for the following year, and have been called that ever since. The Oilers subsequently joined the NHL in 1979, as one of four franchises introduced through the NHL merger with the WHA.
After joining the NHL, the Oilers went on to win the Stanley Cup on five occasions: 1983a??84, 1984a??85, 1986a??87, 1987a??88 and 1989a??90. For their success in the 1980s, the Oilers team of this era has been honoured with dynasty status by the Hockey Hall of Fame.
On November 1, 1971, the Edmonton Oilers became one of the 12 founding WHA franchises. The original team owner was Bill Hunter. Hunter owned the Edmonton Oil Kings, a junior hockey franchise. He also founded the Canadian Major Junior Hockey League (now known as the Western Hockey League (WHL)). Hunter's efforts to bring major professional hockey to Edmonton via an expansion NHL franchise had been rebuffed by the NHL. So, he looked to the upstart WHA instead. It was Hunter who chose the "Oilers" name for the new WHA franchise. This was a name that had previously been used as a nickname for the Edmonton Oil Kings in the 1950s and 1960s.
After the newly founded Calgary Broncos folded prior to commencement of the inaugural WHA season, the Oilers were renamed the Alberta Oilers as it was planned to split their home games between Edmonton and Calgar

Edmonton Oilers Latest News

Edmonton Oilers May Be Considering More Pieces, Per Chiarelli

The Edmonton Oilers checked a major item off their to-do list Wednesday, locking up Leon Draisaitl for eight more years. Though they have no more outstanding business to take care of, the Oilers’ offseason isn’t over yet. General Manager Peter ...
Posted: August 16, 2017, 8:17 pm

Edmonton Oilers center Leon Draisatl signs 8-year extension

The Edmonton Oilers signed center Leon Draisaitl to an eight-year contract extension with an average annual value of $8.5 million. The extension, announced Wednesday, runs through the 2024-25 season, similar to the eight-year, $100-million extension that ...
Posted: August 16, 2017, 10:54 pm

Rumor: Oilers taking a run at Green?

It’s no secret that the Edmonton Oilers have been searching for a capable right-shot defenseman for some time now. Outside of Adam Larsson and Matthew Benning all of the team’s defenders are left-handed, leading to speculation that general manager ...
Posted: August 17, 2017, 9:04 am

Oilers sign Leon Draisaitl to contract extension

His 27 power play points ranked tied for eighth in the NHL. He also led the Oilers in scoring during the 2017 playoffs, posting 16 points (6G, 10A) in 13 games. Over 191 career regular season games with the Oilers, he has accumulated 137 points (50G ...
Posted: August 17, 2017, 8:48 am

Leon Draisaitl extension: Oilers facing cap crunch, other questions

But it's a question that probably will go unanswered for quite some time now. On Wednesday, the Edmonton Oilers signed Draisaitl, a restricted free agent, to an eight-year, $68 million deal. It was a max-term extension, matching the eight-year deal ...
Posted: August 16, 2017, 10:05 pm
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