The Edmonton Oilers extended the stay of one player on Tuesday but lost another to the waiver wire.

Edmonton agreed to terms with defenceman Corey Potter on a two-year contract extension, while veteran centre Gilbert Brule was picked up on waivers by the Phoenix Coyotes.

The 28-year-old Potter is in his first year with the Oilers and has three goals and 11 assists in 27 games. The defenceman signed with Edmonton as a free agent over the summer after spending four seasons with the New York Rangers organization.

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Brule had eight goals and 10 assists in 27 games with the American Hockey League's Oklahoma City Barons this season.

The 25-year-old had seven goals and two assists with the Oilers last season. Brule has 38 goals and 43 assists in 263 career NHL games.