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Depth Wingers Will Define Golden Knights’ Summer

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The Vegas Golden Knights are back in familiar ground – bounced from a hardy playoff run that didn’t have the legs, and gearing up for a summer with minimal cap space. It’s a situation the young franchise has already landed in, and weaseled out of, multiple times before – but the 2025 summer will offer a particular challenge. Vegas is only projected to have $9.62MM in cap space this summer, per PuckPedia. They’ll have to use that money to redefine the bottom-six, with seven different depth wingers all set to hit the open market this summer.

Some of those pending free agents should be easy to re-sign. Jonas Rondbjerg has averaged just 19 NHL games a season over the last four years, and has just 10 points in 76 career games to show for it. He’s a bump-and-grind AHL winger who shouldn’t cost more than league-minimum to re-up. Much of the same can be said for Cole Schwindt, who seemed mounted for a breakout with 42 NHL games this year, but ended the year with only eight points.

But the mission quickly gets complicated as Vegas looks to parse through the remaining names. Original Golden Knight Reilly Smith seems destined on re-signing with the club, after making a return from the New York Rangers at the 2025 Trade Deadline. He scored 69 points in 134 games in one-and-a-half seasons away from Sin City, and closed the season with 15 points in 32 games in a muddied role with the Golden Knights. Smith had a career-year in his last full season with Vegas – netting 26 goals and 56 points in the Cup-winning 2022-23 season – and age hasn’t seemed to slow him down one bit. With only a few years left in his career, a modest deal for both sides could ensure Smith plays his 1,000th career game, and retires, in the city he’s spent the bulk of his NHL career.

Victor Olofsson also seems worthy of another trial run. He wasn’t nearly as productive as Vegas might’ve hoped for last summer, but 15 goals and 29 points in 56 games is still a commendable season. That put Olofsson on an 82-game pace of 22 goals and 42 points, which would have been the most he’s scored since notching his career-high 49 points in the 2021-22 season. Olofsson also made the first playoff appearance of his career this season, and managed a commendable four points in nine games. Those are impressive results for a man receiving a $1.08MM salary. An assured role will likely require a boost in pay, but Vegas could hold onto good value even with a slight raise.

Smith and Olofsson could take up the bulk of what Vegas is hoping to spend on building out their bottom-six. That could leave a tough decision between Brandon Saad and Alexander Holtz, with pros and cons underlining each. Saad is a true veteran of the NHL and managed 14 points in 29 games with the Golden Knights while battling around routine injuries. He’s scored more than 20 goals and 40 points in two of the last four seasons – intercut by a season of 37 points and 30 points. Those aren’t bad numbers for a 32-year-old winger, especially one with Stanley Cup precedent and game-1,000 nearing.

Holtz is on the other side of his career, with just 46 points in 163 career games and a career-high of 28 points set last season. He only scored 12 points in 53 games this year, as he continued to struggle for ground in the lineup through a move to the Golden Knights. But Holtz was a seventh-overall pick just five years ago, and is still anticipating a breakout season. He’s under more team control as a restricted free agent, and would be a cheaper buy than Saad, but also brings plenty more risk to a Golden Knights club closer to another Stanley Cup run than any sort of rebuild.

Three modestly priced extensions, and a pair of league-minimum deals, will give Vegas plenty to work with as they build a lineup for next season. It also leaves just enough room for a cheap free agent addition. Any re-signed wingers would bolster the flanks behind Pavel Dorofeyev, Ivan Barbashev, Nicolas Roy, and Brett Howden – giving Vegas a very similar makeup to what they’ve rolled out for the last few seasons. But in deciding who to bring back, the Golden Knights will be laying out their preferences between original heritage, shooting luck, veteran presence, and young potential. What they make of those profiles could go a long way in defining Vegas’ chances at maintaining their yearly playoff presence in the seasons to come.

Photo courtesy of Sergei Belski-Imagn Images.

Injury Notes: Golden Knights, Avalanche, Middleton

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The Vegas Golden Knights were one of many teams to get a wave of positive injury updates on Friday. Neither star forward Jack Eichel nor top defenseman Alex Pietrangelo are expected to play on Saturday, but both are nearing a return, head coach Bruce Cassidy told Danny Webster of the Las Vegas Review-Journal. Both players have missed Vegas’ last two games – Eichel with a day-to-day upper-body injury and Pietrangelo with illness. That same illness has also held winger Victor Olofsson and defender Nicolas Hague out of Vegas’ last two games. Cassidy shared that he had no updates on the latter two absentees, as they’re away from the rink with their sickness.

Getting Eichel back from injury will be a major addition as Vegas prepares for the postseason. He leads the squad in scoring this year with 27 goals and 93 points in 76 games – nearly 30 more points than Mark Stone’s 67 points ranked second. This is Eichel’s first season playing more than 70 games since the 2018-19 season, when he recorded his previous career-high 82 points with the Buffalo Sabres. The year has been more a return to routine health than a true breakout, but either way, Eichel has smashed his career-mark and is set to rival 100 points for the first time in his career. He’ll likely fall just short, as Vegas has just two games left after Saturday’s matchup against Nashville.

Meanwhile, Pietrangelo leads a strong – but sick – supporting cast. He has 33 points in 70 games this season, third-most on the Vegas blue-line. Pietrangelo leads the Golden Knights lineup in average ice time per game with 22:24 – surprisingly the lowest ice time average he’s recorded since his rookie season in 2010-11. He’ll jump right back to a top-pair role when he returns, while Olofsson and Hague will find their way in Vegas’ middle lines. Olofsson has managed 14 goals and 27 points in 54 games this season – stout scoring for his first year with the club. Hague, meanwhile, once again ranks near the bottom of scoring among Golden Knights defenders, with just 11 points in 66 games so far.

Other injury notes from around the league:

  • A pair of veteran members of the Avalanche took a step toward returning as Evan Rawal of the Denver Gazette relays that winger Jonathan Drouin joined the team for practice yesterday in a non-contact jersey as he works his way back from a lower-body injury.  Meanwhile, defenseman Josh Manson (upper body) skated on his own.  Drouin has been banged up all season but has been productive when healthy, collecting 37 points in 43 games, good for sixth on the team in scoring despite missing 37 contests.  Manson, meanwhile, has been out for nearly a month now but has done well when playing, collecting 15 points in 48 games while averaging a little over 18 minutes per night of playing time.
  • Wild defenseman Jacob Middleton missed his third straight game last night due to an upper-body injury.  However, Sarah McLellan of the Minneapolis Star-Tribune notes that the blueliner is a possibility to return for tonight’s contest in Vancouver.  Middleton has been a critical part of Minnesota’s back end this year, logging nearly 22 minutes per game of ice time while also chipping in with 20 points in 66 outings.  The Wild are still trying to lock down a playoff spot and getting Middleton back would be a big boost to help them try to do just that.

PHR’s Brian La Rose also contributed to this post.

Golden Knights Recall Alexander Holtz

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After spending the last two months in the minors, Alexander Holtz is getting another NHL shot.  The Golden Knights have recalled the winger according to the NHL’s Media Portal while Danny Webster relays (Twitter link) that Holtz was on the third line in the morning skate.

The 23-year-old was acquired at the draft last year from New Jersey with Vegas hoping that a change of scenery could help unlock things for the 2020 seventh overall selection.  However, that didn’t exactly happen.  Holtz had a limited role with the Golden Knights in the first half of the season, notching just three goals and eight assists in 49 games while averaging 11:31 per night.  That playing time was similar to last season with the Devils when Holtz put up 16 goals and 12 helpers while playing all 82 games.  Instead of taking a step forward, he took a step back offensively.

That resulted in the Golden Knights taking a step back with Holtz when they assigned him to AHL Henderson in early February.  He certainly had more success with the Silver Knights, tallying seven goals and six assists in 16 appearances to earn this promotion.

It’s one that could be short-lived, however.  Webster notes (Twitter link) that winger Victor Olofsson was held out of the game day skate due to illness but could still play tonight against Seattle.  In that case, emergency conditions would no longer apply, meaning Holtz would either have to be returned to Henderson or be converted to one of their four post-deadline regular recalls.

In other Vegas news, Webster adds that center Jack Eichel remains listed as day-to-day and won’t suit up against the Kraken.  However, center Tomas Hertl was a full participant in the morning skate and appears to be set to play on the second line so they will at least get one impact center back for this one as they look to get one spot closer to clinching the Pacific Division title.  Hertl missed a little more than two weeks with a shoulder injury but still sits second on the Golden Knights in goals with 33 and third on the team in points with 59 in 70 games.

West Notes: Olofsson, Fleury, Wedgewood

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Vegas Golden Knights forward Victor Olofsson didn’t play last night due to an illness (as per Golden Knights Twitter). The 29-year-old was a late scratch as Tanner Laczynski took his spot in the lineup against the Buffalo Sabres. Olofsson was previously a member of the Sabres for six seasons after being drafted in the seventh round in 2014. He signed a one-year deal in Vegas in the summer and has fared well thus far in limited action, posting eight goals and five assists in 18 games.

The Golden Knights have the day off today and will return to practice tomorrow, head coach Bruce Cassidy was hopeful that the day off will allow Olofsson the chance to recover from whatever is ailing him (as per Danny Webster of the Las Vegas Review Journal).

In other Western Conference notes:

  • Winnipeg Jets defenseman Haydn Fleury skated in a non-contact jersey yesterday as he looks to return from a lower-body injury (as per Mike McIntyre of the Winnipeg Free Press). Fleury hasn’t played since suffering a frightening-looking leg injury against Toronto on December 23rd, he was originally considered week-to-week and will likely remain so for now, as his return doesn’t appear to be imminent. The fact that Fleury is already back skating is a good sign for the former seventh-overall pick, but his eventual return will force the Jets to make some roster decisions as it will further crowd their back end.
  • The Colorado Avalanche received some good news on the injury status of goaltender Scott Wedgewood (as per Evan Rawal of the Denver Gazette). The veteran netminder’s scan came back negative, indicating that he does not have a high ankle sprain. The Avalanche have hopes that the 32-year-old will be able to get back into the lineup in the next two weeks but should receive confirmation soon as he is meeting tomorrow with a specialist. Wedgewood was acquired from the Nashville Predators on November 30th and has helped steady the Avalanche goaltending situation, posting terrific numbers in seven games with a 2.35 goals-against average and a .917 save percentage.

Golden Knights Recall Victor Olofsson From Conditioning Loan, Assign Two To AHL

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The Golden Knights have made a trio of roster moves heading into tonight’s game against Winnipeg.  The team announced (Twitter link) that winger Victor Olofsson has been recalled from AHL Henderson with his conditioning loan now complete.  Meanwhile, winger Mason Morelli and blueliner Robert Hagg have been re-assigned to the Silver Knights.

Olofsson signed with Vegas in free agency over the summer, inking a one-year, $1.075MM deal in the hopes of rebuilding his value after a tough final couple of years in Buffalo.  The 29-year-old got off to an impressive start with two goals in the season opener while adding another tally in his fourth outing.  However, that was his last appearance with them thanks to a lower-body injury that landed him on LTIR.

Olofsson was sent down on November 18th but didn’t see any game action with Henderson.  That trend will continue for the time being as he’s not expected to suit up against the Jets.

Morelli, meanwhile, has been recalled three times recently but it hasn’t resulted in much playing time as he has just one appearance with Vegas this season, one that saw him play just 7:31.  He has been productive with the Silver Knights though, notching five goals and four assists in 13 games thus far.

As for Hagg, he also has been shuffled back and forth quite frequently over the last week and a half.  The veteran has suited up twice for the Golden Knights this season, making it nine straight years with appearances at the top level.  However, he’s averaging just over 11 minutes per game while also recording 11 hits in those outings.  He has gotten off to a nice start offensively in the minors, however, picking up eight points in 14 games with Henderson.

With the moves, Vegas has once again exited LTIR and is back to banking a small amount of cap room.  Ben Hutton is presently on LTIR so if the Golden Knights need to bring anyone up later on, they will have the flexibility to do so by using Hutton’s $975K buffer.

Golden Knights Make Multiple Roster Moves

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The Golden Knights announced Tuesday that they placed defenseman Ben Hutton on long-term injured reserve with an upper-body injury and moved captain Mark Stone, who hasn’t played since Nov. 6 with a lower-body injury and remains day-to-day, to standard IR. Those roster spots were filled by the recalls of forwards Callahan Burke, Mason Morelli and Jonas Røndbjerg from AHL Henderson, per the NHL’s media site.

Per PuckPedia, the order of transactions here is especially relevant. Vegas assigned winger Victor Olofsson, who had been on LTIR since last month, to AHL Henderson on a conditioning loan yesterday but activated him before doing so, keeping them briefly cap-compliant without using LTIR.

This resets their capture, allowing them to re-optimize how much temporary flexibility they could achieve from Hutton’s LTIR placement. They moved Stone to IR and recalled Morelli and Røndbjerg all before placing Hutton on LTIR, then recalled Burke as the final transaction. After the moves, the Knights have a full active roster with 15 forwards, six defensemen and two goaltenders with $200K left in their LTIR pool.

For Stone, the IR placement is purely for roster management purposes and doesn’t affect his return timeline. He can be activated at any time since he’s already missed more than seven days, and since he’s on IR and not LTIR, his $9.5MM cap hit still effectively counts against Vegas’ books. The captain shouldn’t be too far off from a return after starting the season on a tear with six goals and 15 assists for 21 points in 13 games.

Hutton, 31, sustained the injury early in Sunday’s game against the Capitals and left after just four shifts and 2:40 of ice time. Vegas’ seventh defender for the past four years was a healthy scratch for 12 games in a row to begin the season but had played in five of their last six games, posting no points, five hits and three blocks while averaging 11:40 per contest and occasionally suiting up at right wing while Vegas dressed only 11 forwards.

He’s listed as week-to-week and won’t be eligible to return until Dec. 12 at the earliest now that he’s on LTIR. It’s far from a monumental loss, given how little he’d played, but it still stretches their defensive depth thin with Nicolas Hague already on IR with an undisclosed injury.

The moves mean that the Golden Knights’ recent stretch of running 11 forwards and seven defensemen is over, with only six blue-liners available on the roster. That means that one of Burke, Morelli or Røndbjerg will enter the lineup Wednesday against the Maple Leafs, likely the latter.

The 25-year-old Røndbjerg has played in a pair of games already for Vegas this season amid some short-term call-ups, posting a -1 rating and averaging just 7:33 per night. The Danish winger was a third-round pick in the Knights’ inaugural 2017 draft class and has three goals and seven assists for 10 points in 65 career NHL games dating back to his debut in 2021-22.

Burke, 27, is in his first season in the Vegas organization after signing a two-way contract as a UFA over the summer. The 5’10” forward has two goals and four assists for six points in 11 appearances with Henderson this season. The undrafted Notre Dame product is still looking for his first NHL point despite playing in a trio of games with the Avalanche and Hurricanes in spot duty over the past two years.

Morelli, 28, made his NHL debut for the Golden Knights last season amid a rash of forward injuries, scoring three times in nine games while adding an assist. The North Dakota native spent the first four seasons of his professional career on AHL contracts before earning an NHL deal with Vegas last year. He now serves as an alternate captain for Henderson and is tied for the team lead with five goals in 13 games, adding four assists for nine points.

Pacific Notes: Olofsson, Nurse, Arvidsson, Miller, Wright

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The Vegas Golden Knights should only be a few days away from the return of an injured forward. The organization announced they assigned forward Victor Olofsson to their AHL affiliate, the Henderson Silver Knights, for a conditioning loan. This confirms the Golden Knights are quickly expected to activate Olofsson from the long-term injured reserve.

Olofsson has only been on the team’s LTIR for approximately a week but hasn’t suited up for a game in Vegas for over a month due to a lower-body injury. He had scored three goals in his four games before succumbing to the injury while averaging 15:03 of ice time per game.

It’ll be interesting to see how much playing time Olofsson can manage once he returns from injury despite the strong scoring pace to begin the season. The Golden Knights will have a clearer picture of their roster construction once Mark Stone returns to the lineup but Olofsson may become a healthy scratch upon activation. He projects as an upgrade on the right wing as the lineup is currently constructed but the team might prefer continuity as they’ve risen to the top of the Pacific Division standings.

Other Pacific notes:

  • Jack Michaels, the play-by-play commentator for the Edmonton Oilers, confirmed today that defenseman Darnell Nurse is only expected to miss five to 10 days from the illegal check to the head from Toronto Maple Leafs forward Ryan Reaves this past weekend. Thankfully, the Oilers have a five-day break at the beginning of next week which should give Nurse ample time to recover. The Oilers will have a difficult time without him this week should he miss all four games with Edmonton deploying a subpar supporting cast behind Mattias Ekholm and Evan Bouchard.
  • In the same update from Michaels, he shares that the Oilers will also be without forward Viktor Arvidsson tonight. Tonight will mark the third straight game Arvidsson has missed with an undisclosed injury. When healthy, he’s scored two goals and five points in 16 games in his first year with the Oilers organization.
  • Through the first 16 games of the 2024-25 NHL season for J.T. Miller, he had been averaging 18:49 of ice time. It’s dropped by more than a third of a minute thanks to getting benched in the Vancouver Canucks’ loss to the Nashville Predators last night. In an explanation of the benching, head coach Rick Tocchet said, “I went with the guys I thought could get us back into the game.” (X Link)
  • Miller wasn’t the only notable benching last night with Seattle Kraken forward Shane Wright also enjoying some time on the pine. According to Kate Shefte of the Seattle Times, head coach Dan Bylsma said, “As the games have gone along here, I think Shane’s game has been trending in not the best direction. Really the message is: Take a reset, watch the game tonight, which he did, and get back focused on playing the way you can play.” Wright has only scored two points in 18 games for the Kraken this season and the recent message from Bylsma isn’t exactly a vote of confidence for the former fourth-overall pick of the 2022 NHL Draft.

Snapshots: Avalanche, Olofsson, Bennett, Sprong

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The Avalanche could be close to getting a pair of veteran wingers back in their lineup.  Evan Rawal of The Denver Gazette relays that Miles Wood and Jonathan Drouin both took part in practice today with a regular jersey, not a non-contact one.  Wood has missed the last two weeks with an upper-body injury while Drouin sustained an upper-body injury in the season opener last month and hasn’t played since.  Wood has struggled this season with just one goal in ten games while Drouin is coming off a career year that saw him record 56 points in 79 games.  Head coach Jared Bednar was unsure about their availability for Wednesday but it appears they’re back soon; those two along with Valeri Nichushkin (returning on Friday) will give their forward group a sizable boost.

Elsewhere around the NHL:

  • Golden Knights winger Victor Olofsson has turned a corner in his recovery, head coach Bruce Cassidy told reporters including Jesse Granger of The Athletic (Twitter link). However, he won’t suit up on their two-game road trip that begins on Wednesday.  Olofsson has been dealing with a lower-body injury for the last four weeks, pausing what was a strong start to his first season with Vegas as he had three goals in his first four games.
  • The Panthers announced (Twitter link) that forward Sam Bennett missed tonight’s game against New Jersey due to an upper-body injury. The 28-year-old is having a very strong start to his walk year, collecting nine goals and six assists through the first 15 games of the season, a pace that would have him easily eclipse his career bests of 28 tallies and 24 helpers respectively.  The two sides reportedly began extension talks last month.
  • Recently acquired winger Daniel Sprong has not yet reported to the Kraken as he works through visa issues, notes Kate Shefte of the Seattle Times (Twitter link). While he counts against their salary cap while waiting to be cleared, he is not currently taking up an active roster spot.  Sprong has a goal and two assists in nine games this season, those coming with Vancouver before his trade last week.

Golden Knights Activate William Karlsson, Move Victor Olofsson To IR

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The Golden Knights activated center William Karlsson from injured reserve before last night’s win over the Sharks, per the NHL’s media portal, and as evidenced by his pair of points in his season debut. Right-winger Victor Olofsson was placed on injured reserve in a corresponding move.

It’s all good news for Vegas, as Olofsson was already listed as week-to-week with a lower-body injury. His IR placement is retroactive to Oct. 15, so he can come off IR anytime. The transaction doesn’t impact his timeline for a return in the slightest.

Karlsson’s return is a significant boon to a Golden Knights squad already leading the league with 4.67 goals per game. After yesterday’s 7-3 thrashing of San Jose, Vegas sits atop the Pacific Division with a 6-2-1 record and a +14 goal differential, third in the league behind the Rangers and Jets. Captain Mark Stone leads the league outright in scoring with 17 points (4 G, 13 A) in nine games, while Jack Eichel is tied for second with 15 points (3 G, 12 A). Vegas’ stars have been dominant enough early on to quiet any concerns about the significant hits to their depth scoring over the offseason. However, players like Brett Howden (five goals) and Pavel Dorofeyev (seven points) are also doing their part as they settle into consistent top-nine roles.

The 31-year-old Karlsson is one of two expansion draft selections remaining on Vegas’ roster, joining defenseman Brayden McNabb. Now in his eighth season with the team and his 11th NHL campaign overall, he’s coming off his best offensive showing since his unfathomable 43-goal, 78-point breakout during the Knights’ inaugural season. Last year marked the first time he’d hit the 30-goal and 60-point plateaus since then, and he also won a career-best 56.2% of his draws. Karlsson’s possession metrics remained strong, logging a 51.8 CF% and 57.1 xGF% with 46 blocked shots, placing 18th in Selke Trophy voting. It was the first time he’d received consideration for the award since the 2017-18 and 2018-19 campaigns.

With Karlsson back, Vegas has its full complement of centers – Eichel on line one, Tomáš Hertl on line two, Karlsson on line three, and Nicolas Roy on line four. That’s a rare sight for a team that’s been plagued by its big-name forwards missing significant time with injuries over the past few seasons. For now, though, they have no restrictions up front aside from Olofsson’s absence and remain out of LTIR.

Karlsson had been out of action since the Knights’ exhibition schedule with an undisclosed injury.

Victor Olofsson Out Week-To-Week With Lower Body Injury

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Golden Knights winger Victor Olofsson will be out of action on a week-to-week basis with the lower body injury that’s cost him the last two games, head coach Bruce Cassidy said Monday. He’s not yet on injured reserve, but even if they moved him there, they wouldn’t have the cap space for a call-up unless he was placed on LTIR.

It’s a tough blow for the Knights, who are 3-2-1 through six games and fourth in the Pacific Division. Floating around a wild card spot is what most expected from them after losing a few key forwards, namely Jonathan Marchessault and Chandler Stephenson, to free agency. But their pedestrian record has nothing to do with a lack of offense. It’s the opposite – their 3.83 GF/GP ranks sixth in the league. It’s subpar possession play and a poor showing from Adin Hill (4 GP, .851 SV%, 3.81 GAA) in goal that’s held them back so far.

Before sustaining his LBI, Olofsson looked like he would be an essential part of Vegas’ secondary scoring after inking a one-year, $1.075MM prove-it deal in free agency. The 29-year-old had managed three goals on 11 shots in four games and averaged over 15 minutes per game, his highest usage in three years. He’d logged significant time on the wing with both Tomáš Hertl and Nicolas Roy, and unlike what we’ve come to expect from Olofsson, his defensive impacts were substantial. His 55.4 CF% at even strength ranks as the team’s best by far, night and day, from his often subpar possession metrics over the first six years of his NHL career with the Sabres.

Last year was especially difficult for Olofsson, who was a frequent healthy scratch and had just seven goals and 15 points in 51 games for Buffalo. While he was never a true top-of-the-lineup player, he could at least score with aplomb, routinely shooting at or around 15% and breaking the 20-goal plateau three times in four years between 2019-20 and 2022-23. If he can get back in the lineup before mid-November, he’s likely got a shot at reaching those totals again in a Vegas sweater.

There hasn’t been a clear direct replacement for Olofsson thus far. Outside of the Golden Knights’ top line of Ivan Barbashev, Jack Eichel, and Mark Stone, their other forward units have been in flux for the first few weeks of the campaign. With center William Karlsson nearing a return from the undisclosed injury that’s cost him all of the season to date, don’t expect a corresponding transaction aside from his activation.

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