The 23-year-old winger is coming off a nice bounce-back year that saw him put up 20 goals and 21 assists in 81 games. He only managed 8 goals and 21 points during the 2020-2021 season.
Yamamoto will be an RFA with arbitration rights after the 2023-2024 season.
The new contract makes Yamamoto Edmonton's sixth-highest paid forward, slotting in just ahead of Jesse Puljujarvi, who signed a one-year, $3 million deal last week.
With Yamamoto now signed, it's puts the Oilers over the cap by $6,031,333. GM Ken Holland will have to be creative to get the team cap complainant before the season starts.
POLL | ||
3 AOUT | 169 ANSWERS Edmonton Oilers now $6,000,000 over the cap after latest free agent signing Which player is the first to go for cap relief? | ||
Warren Foegele | 47 | 27.8 % |
Codi Ceci | 56 | 33.1 % |
Jesse Puljujarvi | 66 | 39.1 % |
List of polls |