Lubo out for the year. Preliminary thoughts:

1. The defence is a mess. Staios or Smid playing top four is a huge dropoff from Lubo. I stand by my argument elsewhere that there isn’t really any one player who is going to completely gut a team but the Oilers strike me as having a significant dropoff between the top four and the bottom two.

2. The Oilers seem to suffer more devastating shoulder injuries than young pitchers do in baseball. Moreau missed 75 games in 2006-07 with a shoulder injury, Horcoff missed 29 games last year with labrum surgery, Souray missed a ton of games last year with his shoulder and now Lubo misses the rest of this season with a labrum injury. It’s like they’re being coached by the reanimated corpse of Billy Martin circa. 1980.

3. MacT has probably developed a pretty healthy dislike for the 2003-04 London Knights over the past 50 days or so.

There’s no way that they’re going to be sellers at the deadline and I suspect that they’re still a reasonable shot to make the playoffs but this isn’t going to make things any easier.

Oh - and according to David Staples, the Oilers are now in the process of locking down Jaromir Jagr with the money that’s now available under the cap. That might explain the seemingly lengthy time to diagnose and announce this, if the Oilers were using the delay to cut some sort of a deal with Jagr. If I was a professional hockey player and member of a union run by Andrei Kovalenko, I’d be trying to get out as fast as humanly possible, so it at least seems plausible, although if I was Jaromir Jagr, Pittsburgh would look pretty attractive to me, given that they desperately need wingers.

Update: And, like a warm spell in February in Omsk (or Edmonton), it was false hope:

Oilers hockey ops boss Kevin Lowe is indicating that Czech hockey ace Jaromir Jagr isn’t coming to Edmonton — at least not this season, reports Euro-hockey expert Peter Adler.

“Jaromir is under contract in the KHL,” Lowe told Adler.

Jagr has also told Czech national team coach Vladimir Ruzicka he will be playing for the Czech team at the world championships in May.

Nonetheless, a source close to Jagr has told Adler that Jagr is close to finalizing negotiations for Jagr to play with the Edmonton Oilers.

Lowe’s comment isn’t exactly “No. Full stop.”, particularly given that signing a contract in Russia seems to be somewhat akin to making a contract with a minor to commit an armed robbery for you in terms of enforceability and it doesn’t really make any sense that the Oilers and Jagr are doing a deal now - Jagr has a contract in Russia for next season too - but I don’t know how they were planning on him clearing waivers if he came here, unless there was a big ticket for next year that they figured would scare teams off. Plus, and I hate to be cynical, but committing to play in the world championships in May is in no way inconsistent with signing with the Oilers for the 2008-09 season now.

Curious stuff.