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Oilers Sign Theo Peckham

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Bruce mentioned this signing a few days ago, but that was before the terms of the deal were available. I was surprised to find out that Peckham's one-year contract is a two-way deal (though he would still need to clear waivers to get sent down to the AHL). Once that was discovered, I was further surprised to learn that he will be getting paid only $550,000 if he plays in the NHL. That comes as a surprise because Peckham's qualifying offer would have seen him earn $643,500, which means he must have taken less in order to get a better AHL wage; but even that is only $65,000. This is obviously a minor signing, but Steve Tambellini (or whoever was the negotiator) really got the most out of it.