Jake Walman signed a seven-year, $49 million contract with the Edmonton Oilers on Monday. The contract, which starts next season, has an average annual value of $7 million.

The 29-year-old defenseman could have become an unrestricted free agent after the season.

It was the second significant signing of the day for the Oilers, who earlier Monday signed center Connor McDavid to a two-year, $25 million contract ($12.5 million AAV). That deal also begins next season.

Walman is in the final season of a three-year, $10.2 million contract ($3.4 million AAV) he signed with the Detroit Red Wings on Feb. 28, 2023. He was traded to the San Jose Sharks on June 25, 2024.

The Oilers acquired Walman in a trade with the Sharks on March 7. He had eight points (one goal, seven assists) and averaged 2

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