The Edmonton Oilers have signed goaltender Mikko Koskinen to a three-year contract extension worth $13.5 million.

Koskinen is currently playing out a one-year, $2.5 million deal that he signed on July 1 with the Oilers. His new cap hit for next season will be $4.5 million.

According to TSN Hockey Insider Darren Dreger, the Oilers spoke to fellow goaltender Cam Talbot a couple of days ago about the Koskinen deal because they didn't want him to be blindsided. Dreger suspects that Talbot would be willing to accept a trade anywhere at this stage.

Talbot, 31, is an unrestricted free agent at the end of the season. He has a cap hit of $4.167 million this year.

This season, Koskinen has a 14-10-1 record with a .911 save percentage and 2.78 GAA.

He was drafted by the New York Islanders in the second round (31st overall) of the 2009 Draft. The 30-year-old played four games for them in 2010-11, before embarking on a seven-year career in Finland and Russia.