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Oilers give GM Tambellini new deal

Edmonton, AB (Sports Network) - The Edmonton Oilers have agreed to terms on a new contract with general manager Steve Tambellini.

Edmonton has failed to reach the playoffs in Tambellini's four seasons with the team, which has resulted in high draft picks. The Oilers took Taylor Hall with the first pick in 2010 and selected Ryan Nugent-Hopkins first overall in 2011.

After winning the 2012 Draft Lottery, the Oilers will have the chance to select first overall for the third consecutive year.

"Three years ago we asked Steve to begin a rebuild which we all know hasn't been easy," president of hockey operations Kevin Lowe said. "However, Oilers fans can take some consolation in the fact that Steve and his staff have acquired some amazing talent which will most definitely be the cornerstone to future sustained success for the Edmonton Oilers."

Tambellini joined the Oilers in 2008 after spending the previous 17 years with the Vancouver Canucks. He served as the Canucks' vice president and assistant GM for the final three seasons.

06/06 14:32:19 ET