Free-agent netminder Mike Smith will sign with the Edmonton Oilers once free agency opens Monday, while Cam Talbot will be joining the Calgary Flames, according to TSN's Frank Seravalli.

Smith spent the last two seasons with the Flames and helped the team capture the top seed in the Western Conference in 2018-19 while splitting crease time with netminder David Rittich.

The 37-year-old posted a 48-38-8 record with a 2.68 goals-against average and a .909 save percentage during his tenure with the Flames.

Talbot was traded from the Oilers to the Philadelphia Flyers last February and posted a 3.70 goals-against average in four appearances with the team.

The 31-year-old spent three seasons as the Oilers' starter. With Jon Gillies currently the only Flames netminder under contract, Talbot could find new life in Calgary. He'll likely battle it out for the starting role with Rittich if the restricted free agent re-signs with the Flames.