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.
We have no doubt how he can play. You don't, with four teams that are left, you're not getting here without good goaltending. All great goalies left, and [Bishop] is a top-tier goaltender in this league and he's shown it.
— Lightning coach Jon Cooper on goalie Ben Bishop, who shut out the Rangers in Game 5