Former Edmonton Oilers owner Cal Nichols dead at 84
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CENTER RIGHT
Signal breakdown
Heuristic (v1/v3)
-0.50 · CENTER
ML v2 (DistilBERT)
0.305 · RIGHT
Ensemble
0.305 · CENTER RIGHT
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avg -0.251
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Former Edmonton Oilers owner Cal Nichols dead at 84
The longtime businessman spearheaded the group of 38 investors that bought the club in the late 1990s.
Author of the article:
By Dave Breakenridge
Published Sep 13, 2026
Last updated 1 hour ago
2 minute read
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Edmonton Oilers co-owner Cal Nichols speaks at 2007 media conference about selling the Edmonton Oilers Daryl Katz. PHOTO BY LARRY WONG /Postmedia file
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One of the key figures behind the push that helped keep the Edmonton Oilers in Edmonton has died.
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Cal Nichols, who spearheaded the Edmonton Investors Group that bought the hockey club in 1998, died Saturday, the Oilers announced Sunday afternoon. He was 84.
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In the late 1990s, there were fears the club would relocate. Nichols was involved in the Friends of the Oilers campaign, as co-chair, which pushed to increase season ticket sales.
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Then, when the team was for sale in 1997, Nichols spearheaded the EIG, which saw 38 investors raise $110 million to buy the team. Nichols served as chairman and governor until the team was sold to current owner Daryl Katz in 2008.
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In a 2008 interview with Journal columnist David Staples, Katz praised Nichols’ involvement in EIG.
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“If it wasn’t for Cal, the Oilers wouldn’t be in Edmonton,” Katz said at the time. “Cal, more than anyone, deserved to continue to be involved.”
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Nichols was born in 1942 in Saskatchewan, relocating to Edmonton in 1969, where he worked for Esso and Imperial Oil. He helped found Northridge “which later formed a part of TransCanada Pipelines, Canada’s first private crude oil and natural gas marketing company,” a statement on the Oilers website reads.
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“He then started Gasland Oil, which grew into one of Western Canada’s largest service station chains.”
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His achievements also include membership in the Order of Canada, a place in the the Alberta Business Hall of Fame, and the Queen’s Golden Jubilee Medal from…
Read full article at Edmonton Journal ↗
Local coverage · Alberta
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