Cogliano has an arbitration hearing scheduled for July 21.
Cogliano, 24, was a first-round pick by the Oilers, taken 25th in 2005. He has never missed a game since entering the League and finished this past season with 11 goals and 35 points.
Cogliano had his best season as a rookie in 2007-08, posting career highs with 18 goals and 45 points. He scored 18 goals again the following season and for his career has 57 goals and 146 points in 328 games for Edmonton.
I've got a lot of experience and there's a lot of young guys. It's even making me excited a little more. It's kind of a new life. At my age, I feel like I know a lot of things what to do, but I just cannot do it anymore. It's a lot easier to tell them what to do because they've still got the legs and hands to do it. I just know things, but I cannot do them anymore.
— Jaromir Jagr after making his Panthers debut in a win against the Sabres on Saturday