Andersen signed a one-year, $1 million contract with the Oilers on Wednesday, per PuckPedia.
The deal's value could increase to $2.8 million with performance bonuses. Andersen can earn up to $1 million in bonuses for games played, and an additional $200,000 per playoff round the Oilers win in which he plays at least half of the games. It's a worthy gamble for the Oilers, who will get a Stanley Cup-winning goalie on the roster to pair with Tristan Jarry, as well as a quality depth option in Devon Levi. Given the various question marks with all three netminders, it wouldn't be surprising for Edmonton to carry all three throughout the season.