With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? After looking at bubble teams in recent days, we now shift the focus to teams currently in a playoff spot. Next up are the Golden Knights.
Heading into the season, Vegas was viewed as one of the two contenders in the Pacific Division. But while they hit the break with the division lead, it has been a bit of a bumpy road so far. They’ve been hit quite hard by the injury bug, helping lead to a pair of five-game losing streaks (and an overall losing record) with an offensive and defensive output that’s closer to the middle of the pack than the NHL’s best. Nonetheless, with a quality veteran core group and a management team that’s willing to take some swings (including one to add a defenseman last month), it’s quite clear that they’ll be aiming high on the trade front over the next few weeks.
Record
27-16-14, 1st in the Pacific (93.2% playoff probability, per MoneyPuck)
Deadline Status
Buyers
Deadline Cap Space
$4.653MM on deadline day (all LTIR space), 0/3 retention slots used, 50/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: VGK 2nd, VGK 3rd, VGK 5th, VGK 6th, VGK 7th
2027: VGK 2nd, SJ 3rd, VGK 4th, VGK 5th, VGK 6th, VGK 7th
Trade Chips
Being a team that’s likely to be buying, it’s quite possible that there won’t be any more players moved off the NHL roster. But one player who could be worth keeping an eye on is goaltender Akira Schmid. Adin Hill is back from his long-term injury and Carter Hart is due back sometime after the break as well. While Hart has struggled this season, the extra year on his deal suggests that he’s viewed as a part of the picture beyond 2025-26. Schmid, meanwhile, is a pending RFA due a sizable raise in the midst of a good showing this season that has seen him post a 2.53 GAA and a .895 SV% in 29 games. With a lot of teams believed to be looking around for goaltending options and an affordable contract at $875K, Schmid should generate some strong interest.
A lot of their current cap space is inflated by LTIR placements for William Karlsson and Brayden McNabb. Once they return, they’ll be much closer to a money-in, money-out situation. Accordingly, defenseman Jeremy Lauzon could be a casualty. His $2MM price tag isn’t particularly prohibitive but if they need a money balancer or simply need to spend less on the third pairing, he’s another NHL piece who could be in play. On an expiring contract, he’d have some standalone interest if they need to clear his salary.
As a result of trading away a lot of draft picks and prospects, the Golden Knights don’t have a particularly deep system to further deal from. But one player who would garner some inquiries is winger Trevor Connelly. Injuries have limited the 2024 first-rounder to just 17 games in his first full professional campaign but he has done relatively well when healthy and is still viewed as carrying NHL upside. Braeden Bowman has spent the bulk of the year in Vegas and is establishing himself as a full-timer so he’s someone they won’t necessarily be looking to move but will receive inquiries on. Kai Uchacz recently made his NHL debut and is the type of secondary piece that could be moved in a trade to add a depth piece to the roster as well.
One of the more intriguing wild cards for Vegas this deadline is winger Alexander Holtz. The seventh-overall pick in 2020, he has not lived up to that billing with both New Jersey and now Vegas; he has been in and out of the lineup this season with limited results. On the other hand, he just turned 24 a few weeks ago and has another cheap year on his contract after this one with an AAV that will be below the minimum salary next season. The demand probably won’t be too high but it’s possible that a rebuilding team or two might want to take a look at him and would accept him instead of an equivalent draft pick or prospect in a deal.
Team Needs
1) Contract Space: The Golden Knights are the only team in the NHL with the maximum of 50 active contracts. San Jose was in a tight spot earlier this year and had to take a draft pick downgrade to clear a slot. If GM Kelly McCrimmon wants to add a piece or two, they will need to open up some contract space first, either by including a player in a trade or moving someone else out elsewhere.
2) Improve Depth Scoring: Assuming that Andersson is the key move on the back end, their next need to fill is probably up front. Their top six has been productive this season with all players having at least 16 goals and 41 points. But the output drops off quickly after that. No other forward has 10 goals yet while Bowman is the only one with 20 points (and he’s just at 20). Reilly Smith and Brandon Saad have underwhelmed, in particular, while Karlsson’s injury has limited him to just 14 games so far. A player who could play on the third line to start but move into the top six when needed would give their attack a nice boost. That, and Karlsson’s possible return closer to the playoffs, could be enough of an improvement to their scoring to get them back near the top of the league in that department.
Photo courtesy of Brett Holmes-Imagn Images.