The 1981–82 Edmonton Oilers season was the Oilers' third season in the NHL. The Oilers dramatically improved on their previous two seasons, as they finished with a franchise record 48 wins and 111 points, winning the Smythe Division for the first time in team history. The Oilers set an NHL record with 417 goals, the first time in NHL history that a team finished with over 400 goals. Wayne Gretzky continued rewriting the record books, scoring an NHL record 92 goals, which included 50 goals in 39 games, also an NHL record. Gretzky's 212 points was also a record, and it was the first time in NHL history that a player had over 200 points, as he won his third Hart Memorial Trophy and his second Art Ross Trophy. Mark Messier broke the 50 goal plateau for the first time in his career, while Glenn Anderson got 105 points. Paul Coffey led the defense with 89 points. In goal, Grant Fuhr became the starting goalie, and would break the Oilers franchise record for wins in a season with 28. He also led the club with a 3.31 GAA and a .898 save percentage. For the first time in their short NHL history, the Oilers entered the Stanley Cup playoffs as a clear favorite to make a deep postseason run. Going into the playoffs, the Oilers faced the Los Angeles Kings, and after splitting the first 2 games, the Oilers held a 5–0 lead on the Kings heading into the 3rd period of game 3. Los Angeles came back to tie the game 5–5, before completing the comeback with an overtime goal, taking a 2–1 series lead. The game came to be known as the Miracle on Manchester. Edmonton came back to tie the series in game 4, but the Kings eliminated Edmonton in game 5, shocking the hockey world, and ending the Oilers season a lot sooner than expected.

Season standings

Record vs. opponents

Schedule and results

Playoffs

Season stats

Scoring leaders

Goaltending

Playoff stats

Scoring leaders

Goaltending

Awards and records

Awards

Records

Milestones

Transactions

Trades

• Later traded to the Minnesota North Stars

Players acquired

Players lost

Waivers

Signings

Draft picks

Edmonton's draft picks at the 1981 NHL Entry Draft