Nikolai Khabibulin is on his 4th NHL franchise. He has led all three of his previous NHL franchises to the playoffs and won a Stanley Cup with Tampa Bay.
The deal is for four years, $15 million.
Khabibulin is a former Stanley Cup winner who spent last season with the Chicago Blackhawks.
He went 25-8-7 with a 2.33 goals-against average and .919 save percentage despite missing time due to a nagging groin injury.
"Nikolai is a world-class goaltender who has proven himself throughout his career as one of the best in the game," Oilers general manager Steve Tambellini said in a release. "He has had success at many levels of hockey and we're looking forward to seeing him continue that success here in Edmonton."
Khabibulin joins his fifth NHL team after stops with the Blackhawks, Tampa Bay Lightning, Phoenix Coyotes and Winnipeg Jets. He was the starter when the Lightning won the Stanley Cup in 2004.
Other goalie moves
• The Islanders signed Roloson to a two-year, $5 million contract, luring him from the Oilers, who refused to go offer more than one year to the 39-year-old.
"We are thrilled to add Dwayne to our lineup," Islanders GM Garth Snow said. "He is a proven winner having led the Edmonton Oilers to the Stanley Cup finals in 2006 and we look forward to him bringing his veteran leadership to the Islanders."Rick DiPietro, the highly touted but oft-injured goalie who is three seasons into a landmark 15-year deal, was limited to five games last season because of a knee injury. His status for the upcoming season is unknown.
• The Florida Panthers added goalie Scott Clemmensen,
who agreed to a three-year contract worth $3.5 million.
"He's going to do a great job for us," assistant general manager Randy Sexton said. "We don't
think we'll skip a beat with [Craig] Anderson gone and Scott Clemmensen
In 40 games with the New Jersey Devils last season, Clemmensen, 32, was 25-13-1 with a 2.39 GAA and a .917 save
percentage. His signing casts some doubt on whether Tomas Vokoun
will be Florida's top goalie next season.
"We fully expect a real competitive situation for the starting
position," Sexton said.
• The St. Louis Blues, seeking to add depth, signed Ty Conklin. The deal is for two years, $2.6 million. Conklin, 33, played in 40 games for Detroit last season, going 25-11-2 with a 2.51 GAA and a .909 save percentage. His six shutouts tied for the sixth-most in the league.
• The Avalanche signed Craig Anderson to a two-year contract that will pay him $1.5 million next season and $2.125 million in 2010-11. Anderson, 28, spent the past three seasons with the Panthers. He was third in the league last season with a .924 save percentage in 31 games. He was 15-7-5 with a 2.71 GAA and three shutouts.
• The Coyotes signed free-agent goalie Jason LaBarbera to a two-year contract. The deal averages $1 million. The 29-year-old LaBarbera was 8-10-6 with a 2.78 goals-against average with two shutouts in 28 games last season for the Los Angeles Kings and Vancouver Canucks. In 107 career NHL games with the New York Rangers, Los Angeles and Vancouver, LaBarbera has a 37-44-10 record with four shutouts and a 2.97 GAA.
Information from ESPN.com's Pierre LeBrun and The Associated Press was used in this report.