Both Holloway and Broberg were being given contracts in the $1 million range, to play on a team that they could develop with and play for a Cup now. The Blues came along and more than doubled their salaries, making it impossible for the Oilers to return those offers. Specifically, Broberg who has played in 81 NHL games and is receiving approximately $4.58 million from St. Louis.
Mostly everyone was hopefully that the Oilers were going to be able to match these offer sheets to these two players who were essentially poached from Edmonton by St. Louis. The money was too big to match, and for a very good reason. The Oilers have received some draft pick options and may have to start over with the development phase on new players.