Ryan Smyth re-signs with Oilers

EDMONTON (CP) - The Edmonton Oilers have re-signed star winger Ryan Smyth to a $7-million US, two-year deal.
The 29-year-old, who will earn $3.5 million a season, was already in camp with the Oilers because he had a basic agreement on a one-year deal while his agent Don Meehan and GM Kevin Lowe tried to hammer out something with more term.
''We were really professional about handling the situation,'' Smyth told CHED radio Wednesday. ''It's a really good feeling. Now we can just go and play hockey and not worry about the negotiations part of it.''
The gritty Smyth has 430 career points (198-232) in 642 NHL regular-season games - all with Edmonton. He had 23 goals and 36 assists in 82 games with the Oilers in 2003-04.