Oilers re-sign defenceman Smid for four years

The Edmonton Oilers are reportedly close to signing defenceman Ladislav Smid to a four-year contract worth around $16 million.

The Edmonton Oilers signed defenceman Ladislav Smid to a four-year contract, $14-million contract extension, general manager Steve Tambellini announced Monday morning.

Coming off a career season in 2011-12, the 27-year-old has one goal, two assists and 41 penalty minutes in 34 games this season. One of the league’s top shot-blockers, Smid is a minus-2 defender on a minus-8 team.

The 27-year-old native of Frydlant, Czech Republic, was set to become an unrestricted free agent this summer.

Prior to Monday’s signing, Smid was on a two-year deal that paid him $2.25 million annually.