Oilers put Campbell on waivers for buyout

The Edmonton Oilers placed goaltender Jack Campbell on unconditional waivers for the purpose of a buyout, the team announced Sunday.

Campbell signed a five-year, $25-million contract with the Oilers as a free agent in 2022. He was assigned to the AHL in November after starting the season 1-4 with a .873 save percentage and didn't make another appearance for Edmonton.

Here's a breakdown of what the buyout will cost the Oilers, according to Cap Friendly.

Campbell also struggled in his debut season in Edmonton, posting an .888 save percentage in 36 appearances in 2022-23.

The Oilers' tandem in goal next season will be Stuart Skinner and Calvin Pickard, who combined to help Edmonton reach Game 7 of the Stanley Cup Final this postseason.

Edmonton has approximately $12.9 million to spend this offseason and only has 14 players signed for 2024-25. The Oilers are also in search of a new general manager after the club and Ken Holland agreed to part ways.