Nick Holden Signs Two-Year Extension

It’s not just last-minute trades happening in Vegas, but extensions too. The Golden Knights have signed Nick Holden to a two-year extension that will carry an average annual value of $1.7MM. The defenseman was scheduled to hit unrestricted free agency at the end of the season but will actually take a pay cut from the $2.2MM he earns this year.

Holden, 32, has settled into a nice depth role for the Golden Knights where he isn’t asked to do too much and can excel against weaker competition. While he’ll likely never hit the highs of his short time with the New York Rangers—11 goals and 34 points in his only full season there—Holden can be a solid contributor for a team that still hasn’t quite figured out their defensive unit.

Jonathon Merrill and Deryk Engelland are now the only pending unrestricted free agents on the back end, but after the emergence of Zach Whitecloud and addition of Alec Martinez there may not be enough room going forward for either one.

Holden however will come in at a price reasonable enough that he can be considered a 6th defenseman next season if necessary. Most of his contract could even be buried in the minor leagues if the team ever needed to, though the way he has played this season suggests he’ll be able to live up to the $1.7MM hit.