Ken Holland will not return to Oilers in 2024-25

Ken Holland told the Edmonton Oilers he will not return to the team next season in any capacity, TSN hockey insider Darren Dreger reported Thursday.

Ken Holland officially told the Oilers yesterday that he will not return to the team next season in any capacity. And while Holland is now free to talk to other teams, he has not yet done so and is expected to take some time before deciding what his next move will be. @TSNHockey

— Darren Dreger (@DarrenDreger) June 27, 2024

“While Holland is now free to talk to other teams, he has not yet done so and is expected to take some time before deciding what his next move will be,” Dreger added on social media.

The 68-year-old’s contract expires June 30.

The Oilers released a statement on Thursday, thanking Holland for his work in making Edmonton “a destination city for players” around the league.

#Oilers issue a statement on Hall of Game GM Ken Holland not returning next season as his contract expires. pic.twitter.com/OERpAG2REe

— Frank Seravalli (@frank_seravalli) June 27, 2024

“The Edmonton Oilers and Ken Holland have mutually agreed that his contract will not be extended beyond the end of its current term,” they wrote. “Over the past five seasons as General Manager, Ken has not only built the Edmonton Oilers into one of the NHL’s best teams, but has also established a deeply rooted foundation of success and a culture of winning that will continue well into the future.”

Holland was named Oilers’ general manager and president of hockey operations in May 2019. During his five seasons with Edmonton, the team went 220-121-32 and finished second every year in their division. His teams went to two Western Conference Finals, finishing with a Stanley Cup Final appearance this season, where they lost in seven games to the Florida Panthers.

Before joining the Oilers, Holland achieved great success with the Detroit Red Wings, winning three Stanley Cup championships in 1998, 2002 and 2008. His teams also won 10 division titles and the Presidents’ Trophy four times. He won his first Stanley Cup as an assistant general manager in 1997.