Taylor Hall re-signs with Oilers

With one year remaining on his entry-level deal, Taylor Hall signed a seven-year, $42 million extension with the Edmonton Oilers.

Oilers' rebuilding starts with great Hall

Taylor Hall, right, hugs his father, Steve, after being taken first-overall at the 2010 NHL Entry Draft

Future finally bright for Oilers

Taylor Hall won back-to-back Memorial Cup MVP awards in junior

Hall of a draft for Oilers

The Oilers hope Taylor Hall can lead the franchise out of the darkness. (Photo by Harry How/Getty Images)

Taylor Hall #4 Of The Edmonton Oilers Gets Getty Images

WINNIPEG, CANADA - FEBRUARY 27: Taylor Hall #4 of the Edmonton Oilers gets set for a first-period faceoff against Bryan Little #18 of the Winnipeg Jets at the MTS Centre on February 27, 2012 in Winnipeg, Manitoba, Canada. (Photo by Jonathan Kozub/NHLI via Getty Images)

Chicago Blackhawks v Edmonton Oilers

EDMONTON, CANADA - NOVEMBER 19: Taylor Hall #4 and Ryan Nugent-Hopkins #93 of the Edmonton Oilers celebrate Taylor's hat trick goal against the Chicago Blackhawks on November 19, 2011 at Rexall Place in Edmonton, Alberta, Canada. (Photo by Dale MacMillan/Getty Images)

Honda NHL SuperSkills

RALEIGH, NC - JANUARY 29: Taylor Hall #4 of the Edmonton Oilers competes for fastest skater during the Honda NHL SuperSkills competition part of 2011 NHL All-Star Weekend at the RBC Center on January 29, 2011 in Raleigh, North Carolina. (Photo by Kevin C. Cox/Getty Images)

Chicago Blackhawks v Edmonton Oilers

EDMONTON, CANADA - NOVEMBER 19: Taylor Hall #4 and Ryan Nugent-Hopkins #93 of the Edmonton Oilers break down the ice against the Chicago Blackhawks on November 19, 2011 at Rexall Place in Edmonton, Alberta, Canada. (Photo by Dale MacMillan/Getty Images)

Edmonton Oilers v Dallas Stars

DALLAS, TX - NOVEMBER 21: Taylor Hall #4 of the Edmonton Oilers skates the puck past Loui Eriksson #21 of the Dallas Stars at American Airlines Center on November 21, 2011 in Dallas, Texas. (Photo by Ronald Martinez/Getty Images)

Edmonton Oilers v Phoenix Coyotes

GLENDALE, AZ - DECEMBER 15: Taylor Hall #4 of the Edmonton Oilers awaits a face off against the Phoenix Coyotes during the NHL game at Jobing.com Arena on December 15, 2011 in Glendale, Arizona. The Coyotes defeated the Oilers 4-2. (Photo by Christian Petersen/Getty Images)

Kevin Bieksa #3 Of The Vancouver Canucks Knocks Getty Images

VANCOUVER, CANADA - DECEMBER 26: Kevin Bieksa #3 of the Vancouver Canucks knocks the puck away from Taylor Hall #4 of the Edmonton Oilers during the first period in NHL action on December 26, 2011 at Rogers Arena in Vancouver, British Columbia, Canada. (Photo by Rich Lam/Getty Images)

Moulson, Tavares combine for 5 points, Isles win

Edmonton Oilers' Taylor Hall, left, and the New York Islanders' Nino Niederreiter go for the puck in the first period of the NHL hockey game in Uniondale, New York, Saturday, Dec. 31, 2011. (AP Photo/Henny Ray Abrams)

Jonathan Toews #19 Of The Chicago Blackhawks Fires Getty Images

CHICAGO, IL - JANUARY 02: Jonathan Toews #19 of the Chicago Blackhawks fires a shot past Taylor Hall #4 of the Edmonton Oilers at the United Center on January 2, 2012 in Chicago, Illinois. The Oilers defeated the Blackhawks 4-3. (Photo by Jonathan Daniel/Getty Images)

Taylor Hall #4 Of The Edmonton Oilers Slides Getty Images

CHICAGO, IL - JANUARY 02: Taylor Hall #4 of the Edmonton Oilers slides across the ice after falling against the Chicago Blackhawks at the United Center on January 2, 2012 in Chicago, Illinois. (Photo by Jonathan Daniel/Getty Images)

Taylor Hall #4 Of The Edmonton Oilers Scores Getty Images

BUFFALO, NY - JANUARY 03: Taylor Hall #4 of the Edmonton Oilers scores on Ryan Miller #30 of the Buffalo Sabres in the first period at First Niagara Center on January 3, 2012 in Buffalo, New York. (Photo by Rick Stewart/Getty Images)

Hall scores in OT to lift Oilers past Kings

Los Angeles Kings' Brad Richardson, left, checks the Edmonton Oilers' Taylor Hall during the third period of an NHL hockey game in Edmonton, Alberta, on Sunday, Jan. 15, 2012. (AP Photo/The Canadian Press, John Ulan)

Cody Hodgson scores SO winner, Canucks edge Oilers

Edmonton Oilers' Taylor Hall, right, is checked by Vancouver Canucks' David Booth during the first period of an NHL hockey game in Vancouver, British Columbia, on Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Darryl Dyck)

Hall, Dubnyk lead Oilers to SO win over Sharks

Edmonton Oilers' Taylor Hall, right, scores the winning shoot out goal on San Jose Sharks goalie Thomas Greiss during NHL hockey action in Edmonton on Monday, Jan. 23, 2012. (AP Photo/The Canadian Press, John Ulan)

Cody Hodgson scores SO winner, Canucks edge Oilers

Edmonton Oilers' Taylor Hall waits during a stoppage in play against the Vancouver Canucks during the first period of an NHL hockey game in Vancouver, British Columbia, on Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Darryl Dyck)

Pacioretty, Subban lead Canadiens over Oilers

Edmonton Oilers' Taylor Hall, right, shoots on Montreal Canadiens goalie Peter Budaj during the second period of an NHL hockey game, Thursday, March 8, 2012, in Edmonton, Alberta. (AP Photo/The Canadian Press, John Ulan)

Edmonton Oilers v San Jose Sharks

SAN JOSE, CA - MARCH 06: Jordan Eberie #14 and Taylor Hall #4 of the Edmonton Oilers celebrates after Eberie scores a goal 10 seconds into the game against the San Jose Sharks at HP Pavilion at San Jose on March 6, 2012 in San Jose, California. (Photo by Thearon W. Henderson/Getty Images)