Hall signs seven-year contract extension with Oilers.

The Edmonton Oilers have announced the re-signing of winger Taylor Hall to a seven-year, $42 million contract extension, worth an average cap hit of $6 million. Hall, 20, is entering the final season of his entry-level contract. His new deal will take effect in 2013-14.

SPECTOR’S NOTE: Despite being hampered by injuries in his first two seasons, Hall has posted 42 and 53 point performances respectively. If he can overcome his early career injury woes, Hall has the potential to become a top NHL power forward. The Oilers believe he’s worth the gamble, and if he stays reasonably healthy over the next seven seasons, he could prove worth it.