Ryan Smyth Signs 2-Year Contract With Edmonton Oilers

EDMONTON, CANADA - OCTOBER 17: Ryan Smyth #94 of the Edmonton Oilers celebrates an empty net goal by teammate Ryan Jones #28 against the Nashville Predators on Ryan Smyth bobble head night. They won the game 3-1 on October 17, 2011 at the Rexall Place in Edmonton, Alberta, Canada. (Photo by Dale MacMillan/Getty Images)

The Edmonton Oilers have come to terms on a contract extension with the Edmonton Oilers.

On Sunday morning, the Edmonton Oilers announced that the club has come to terms on a contract extension with Ryan Smyth that will pay the 36-year-old winger a total of $4.5 million over the next two years.

Smyth has spent the majority of his career in Edmonton with the Oilers and even went as far as to say that he bleeds the team's colors last season when he re-joined the franchise after being traded by the Los Angeles Kings.

Now with this new extension, it appears as though he will end his career there as well.

Over the last few seasons, the Oilers have acquired several young players, most notably the slew of No. 1 overall draft selections as well as blue chip prospect Justin Schultz. Having a veteran presence like Smyth will be an important piece as this group hopes to develop into a perennial playoff contender.

Smyth played in all 82 games last season and registered 19 goals and 27 assists for a total of 46 points.

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