The Edmonton Oilers will be surrendering a draft choice as compensation for hiring general manager Peter Chiarelli.

Boston Bruins president Cam Neely told Comcast Sportsnet New England that he has been in touch with the Oilers and that Boston will be receiving a draft choice "of Edmonton's choosing" in one of the next three drafts.

“We are [seeking compensation]. They have a choice to give us [a pick] over the next three years,”  Neely told Comcast's Joe Haggerty.

TSN Hockey Insider Pierre LeBrun noted that the pick should be a second-round choice and that the Oilers will additionally be forced to surrender a third-round draft pick to San Jose as compensation for Tuesday's hiring of former Sharks coach Todd McLellan.

The Oilers hired Chiarelli on April 24, nine days after he was fired by the Bruins. However, the Bruins are entitled to compensation under the NHL's Collective Bargaining Agreement since he was still under contract to the club.