Heading into the offseason the Golden Knights had the plan of being aggressive. They wanted to use their cap space to improve the team in any way possible. That started by going out on July 1st and signing one of the biggest names available on the market, Paul Stastny. The Golden Knights also brought back Ryan Reaves and added defenseman Nick Holden. They entered the offseason with somewhere in the neighborhood of $30 million of cap space available, they now sit with just under $19. Plenty to make one more highly aggressive move.
We used (the cap space) really effectively on a lot of players and a lot of picks. Right now, we’re sitting here with a pretty good team and we haven’t used any of our draft picks this summer. We have them all. We’ve been talking trade with some teams, but that requires young players and picks but we haven’t moved any of them. -George McPhee
Reading between the lines, the name Erik Karlsson is in there somewhere, but until that deal gets done, the offseason still feels incomplete.
We’re sitting there trying to decide. Again, we kept our young assets, all of our draft picks, and we’re trying to decide: do we make another move now or not? Is the right move there or not? I’ll have to decide that in the next few weeks. -McPhee
McPhee’s words sure sound like he’s in the market for something else, but his actions speak even louder than his words.The Golden Knights stand with 43 active player contracts and according to CapFriendly.com, $18,750,000 in projected cap space left.
If Erik Karlsson ($6.5M AAV) and Bobby Ryan ($7.25M AAV) are added for nothing but picks, that would eat up a total of $13.75 million in cap space, leaving the Golden Knights with $5 million to hand out. That’s $5 million to distribute among William Karlsson, Tomas Nosek, William Carrier, Shea Theodore, and Colin Miller. Quite simply, it’s not enough.