The deal is reportedly worth $12.5 million and will keep Talbot in Edmonton until the 2018-19 season.
The Edmonton Oilers and goaltender Cam Talbot agreed to a three-year contract extension on Sunday, the club announced.
Cam Talbot 3-year breakdown $4.15 (includes $1 mill bonus on July 1), $4.15, $4.2. No-move for 1st two years and modified no-move in yr 3
— Andy Strickland (@andystrickland) January 17, 2016
“It’s extremely exciting for me and my family and it’s an exciting time in Edmonton,” Talbot told the Oilers’ website. “I’m just happy I’m going to be around for the next three years to grow and improve with this team.”
The 28-year-old, who signed as a free agent with the New York Rangers in March 2010, is in his first season in Edmonton after being dealt by the Rangers at last June’s draft.
In 26 games this season, Talbot is 8-13-2 with a 2.58 G.A.A. and a .914 save percentage.
“Definitely, I think we’ve made some huge strides from Game 1 to now, it’s moving in the right direction and I only see us going forward from here. When I was given the opportunity to stay for another three years, it was kind of a no-brainer,” said Talbot. “From Day 1 to now we’ve made some big strides, I think, and I expect nothing more in the next three years (than) to push forward and be a playoff team and then eventually a contender. I want to be a round for all of that.”
Talbot is currently on a one-year, $1.45 million deal signed with the Rangers and was set to become an unrestricted free agent.
The Caledonia, Ontario native admitted he’s starting to feel more confident in the Oilers’ net of late. In his last five starts he’s posted a 1.40 G.A.A and a .949 save percentage.
“We’ve tightened some things up in our own end and it’s easier for me to make some reads,” Talbot said. “I just feel more comfortable and more confident – more patient. I think that’s the key. Before I was doing a little bit, maybe, too much – cheating on back door plays instead of playing the shooter.
“Now it’s just trusting my guys that are going to take away the other options and making that first save and playing from there.”
Edmonton returns to action on Monday night when they open a three-game road trip in Florida.