According to Sportsnet’s Elliotte Friedman, the Vegas Golden Knights have placed forwards Alexander Holtz and Cole Reinhardt on waivers. The other 31 teams in the league will have 24 hours to claim either forward ahead of tomorrow’s deadline.
The writing has been on the wall for Holtz for some time. Drafted seventh overall by the New Jersey Devils in 2020, Holtz was believed to become a long-term fixture in New Jersey’s top six. That didn’t come to fruition.
He showed flashes of quality play, especially during the 2023-24 season when he scored 16 goals and 28 points in 82 games for the Devils. Ultimately, New Jersey opted to move on from Holtz the following summer, sending him, along with netminder Akira Schmid, to the Golden Knights for Paul Cotter and a third-round pick.
Things haven’t gone much better in Sin City. Throughout the last two years, typically in a bottom-six role, Holtz has scored seven goals and 21 points in 81 games, averaging 11:33 of ice time. Holtz has grown accustomed to being a healthy scratch on multiple occasions and even being demoted to the AHL’s Henderson Silver Knights last season.
Still, he’s signed through next year on a $850K salary and is only six years removed from being a top-10 selection. He clearly hasn’t met his draft expectations, but it wouldn’t be surprising to see a rebuilding team like the Nashville Predators, St. Louis Blues, or Vancouver Canucks to take a flyer on him for free.
Meanwhile, Reinhardt, 26, is a bottom-six forward in his first year with the Golden Knights. After spending several years with the Ottawa Senators organization, Reinhardt signed a two-year, $1.63MM ($813K AAV) contract with Vegas last summer. He’s gotten the most NHL playing time he’s ever received this year, scoring three goals and seven points in 44 games, averaging 9:47 of action.
If he were to be claimed, he could add physicality to a different team’s bottom-six. However, Reinhardt provides minimal assistance beyond his physicality, and there are likely better alternatives available at this time of year.
Regardless, like the NHL’s qualification rules, players must be on an AHL roster by 3:00 p.m. EST to qualify for the Calder Cup playoffs. Given that Henderson is in the hunt in the AHL’s Pacific Division, and if the Golden Knights weren’t planning on utilizing them for their postseason run, Holtz and Reinhardt would become eligible to assist Henderson if needed.