Joni Pitkanen signs US$2.4-million, one-year contract with Edmonton Oilers

The 23-year-old was acquired from Philadelphia earlier this summer in a trade that saw Jason Smith and Joffrey Lupul go to the Flyers.

Pitkanen had been scheduled for a salary arbitration hearing after the Flyers requested one – something teams can now do under the collective bargaining agreement.

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He had a second consecutive 40-point plus season while earning $2 million last year. Pitkanen finished with 43 points (four goals, 39 assists) in 77 games.