In light of this, the Oilers fired GM Peter Chiarelli on Tuesday night after three-and-a-half years with the team.
Nicholson confirmed that assistant GM Keith Gretzky will take over for Chiarelli until a new general manager is hired, while he will handle hockey operations.
The shakeup comes hours after the club stumbled into the All-Star break with a third consecutive defeat on home ice. The team fired head coach Todd McLellan on November 20 and hired Ken Hitchcock to replace him.
He said the organizational decision was made this week to fire Chiarelli, who was told at the second intermission of a loss Tuesday night to Detroit so he could quietly leave the arena.
Chiarelli exits after three plus-seasons with Edmonton.
Chiarelli was hired by the Oilers in April of 2015.
But Oilers have faltered since then, missing the post-season a year ago and now sitting outside a playoff spot.
Such is the reason Peter Chiarelli was making fringe moves leading up to his firing, which included acquiring defencemen Alexander Petrovic, Brandon Manning and picking up Colby Cave on waivers. "We'll make some trades at the deadline if they're the right trades to get us in the playoffs, but not giving away the future". Hall won the Hart last season and led the Devils to the playoffs.
He also signed Milan Lucic to a seven-year, $42 million deal at the age of 28. Reinhart is still in the minors and the 16th turned out to be Calder Trophy victor Matthew Barzal who has played 132 National Hockey League games with New York Islanders with 32 goals and 129 points produced so far. We're going to try and bolster the offence and the defence, but we're not trading away our first pick.
Last summer, Chiarelli did little to improve the roster around McDavid. Nicholson said the decision to extend Koskinen's contract was made by the leadership group as a whole, not just by Chiarelli.
The result was 11 losses in their first 20 games that led to the firing of McLellan and later a series of reactionary moves.
"We know that we have to bring in some other pieces, but we're going to put all of the onus on the group inside the dressing room", Nicholson said.
Chiarelli had the brilliant idea of signing Drake Caggiula out of North Dakota.