Good deal for Talbot, who hasn't set the world on fire but also is a much better improvement over anything the Oilers put infront of the net last season. This fits about right for him, and glad to see that he's done a good job.

The Edmonton Oilers signed goalie Cam Talbot to a three-year contract extension, the team announced Saturday. Talbot would have been an unrestricted free agent after the season without a new deal. According to Darren Dreger of TSN, the contract is worth $12.5 million for an annual average of $4.16 million.

Acquired from the New York Rangers for draft picks this summer, Talbot has appeared in 26 games so far this season. He is 8-13-3 and owns a .914 save percentage and 2.58 goals-against average.

The 28-year-old was expected to take over No. 1 goalie duties for the Oilers, but has ended up in more of a platoon role with Anders Nilsson who was signed away from the KHL last summer. Neither has been amazing this season, but Talbot's .914 mark is a massive improvement from the league-worst .888 save percentage Oilers goalies put together last season.

In 83 career games, Talbot has a 41-28-8 record, .926 save percentage and 2.18 save percentage.

With the new contract, Talbot will be getting paid like a No. 1 goalie, but certainly not a high-end one. The $4.16 million per season puts him in financial company with Philadelphia Flyers starter Steve Mason, Jonathan Bernier of the Toronto Maple Leafs and Craig Anderson of the Ottawa Senators. He'll be the 24th-highest paid goalie in the NHL, which is about right at this point in his young career. Also, the Oilers are paying for three UFA years on this deal, which usually means the team is going to have to pay a little more than they'd prefer.

The Oilers need stable goaltending over the course of what should be the upswing years of their seemingly endless rebuild. Talbot should be able to provide at least that. On that level, the deal makes plenty of sense.

What Edmonton really needs, however, is to find a long-term solution in their crease. It's one of the missing pieces they haven't been able to acquire over the course of rebuilding seasons. They cast off Devan Dubnyk, who ended up rebounding nicely in his career. Now they have to see if Talbot can build off of his brief NHL tenure, which included two impressive seasons with the New York Rangers as Henrik Lundqvist's understudy. That said, he's already 28 and may not have a ton of prime years to give the franchise.

If that's the case, he's at least an adequate stopgap for a team that could afford a little continuity as their young core continues to mature.