Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Oilers fire coach Hitchcock, hire Holland as GM

Published 05/07/2019, 07:50 PM
© Reuters. FILE PHOTO:  St. Louis Blues head coach Hitchcock talks to defenseman Polak, center Backes, right wing Oshie and left wing Steen during a timeout at the third period of their NHL hockey game against the Dallas Stars in Dallas

In the wake of a disappointing season, the Edmonton Oilers fired coach Ken Hitchcock on Tuesday and officially announced the hiring of Ken Holland as general manager.

Hitchcock was hired in November to replace Todd McLellan and went 26-28-8 as the Oilers missed the playoffs for the second consecutive season. Edmonton finished 35-38-9 (79 points), the second-lowest point total in the Western Conference.

Holland signed a five-year contract, reportedly worth $5 million annually. He will make the decision on the team's next head coach.

Holland, 63, spent the past 35 years with the Detroit Red Wings, including the past 22 seasons as general manager.

"I don't know why (the Oilers have) made the playoffs once in 13 years, but it is what it is and it's my job to figure all that out and try to build an organization where we start to get better and we become elite," Holland said at an introductory press conference. "It's my job to determine what people on the ice and off the ice I bring in. Then when I get those people, I'm going to listen to them. ...

"I believe in stability, I believe in loyalty, I believe in having a plan, I believe in sticking to the plan and those are all the things I'm going to do here now and I'm going to decide which people are a part of the plan."

Franchise cornerstone Connor McDavid said last month his frustration level was "really, really high" with the current direction of the franchise. According to Yahoo (NASDAQ:AABA) Canada, McDavid was thrilled with the decision to hire Holland.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The Red Wings won the Stanley Cup with Holland calling the shots in 1998, 2002 and 2008. As the highest-spending team in the NHL last season, the Red Wings failed to reach the playoffs for the third consecutive year.

Last month, the Red Wings hired team legend Steve Yzerman as general manager, with Holland signing a multiyear deal to become the club's senior vice president. However, Holland decided to exit Detroit when the Edmonton GM job became available.

"The fans in Detroit are restless, they've missed the playoffs three years in a row and when you miss the playoffs too many years in a row, fans get restless and I understand that," Holland said. "I felt that this was a great opportunity for me, personally, and I have great respect for the history of the Edmonton Oilers and the passion of this fan base."

--Field Level Media

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.