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Salary Snapshot

(Photo Credit: Photographer Brandon Andreasen)

Whether this season resumes or not, the Golden Knights have some interesting decisions to make whenever the calendar allows for them to be made.

Everything starts with the salary cap, which is a massive question mark at this point. Due to the uncertainty with “hockey-related revenues” for this year, it’s certainly not going up by much, if at all.

For the purpose of this article, let’s act as if the cap will remain flat, meaning it will stay at $81.5 million.

Starting with forwards, here’s where the Golden Knights stand heading into next year.

Signed (9 forwards)

Mark Stone – $9.5M (11.7%)
Max Pacioretty – $7M (8.6%)
Paul Stastny – $6.5M (8.0%)
William Karlsson – $5.9M (7.2%)
Reilly Smith – $5M (6.1%)
Jonathan Marchessault – $5M (6.1%)
Alex Tuch – $4.75M (5.8%)
William Carrier – $1.4M (1.7%)
Cody Glass – $863K (1.1%)
TOTAL – $45.913 (56.3%)

RFA (3 forwards)

Chandler Stephenson – $1.05M*
Nick Cousins – $1M*
Nic Roy – $735K
Total – $2.785M (3.4%)

*Stephenson and Cousins are arbitration-eligible so their numbers could increase by a bit. It won’t be drastic in either case.*

Signed (5 defensemen)

Nate Schmidt – $5.95M (7.3%)
Shea Theodore – $5.2M (6.4%)
Alec Martinez – $4M (4.9%)
Brayden McNabb – $2.5M (3.1%)
Nick Holden – $1.7M (2.1%)
TOTAL – $19.35 (23.7%)

RFA (1 defesneman)

Zach Whitecloud – $875K (1.1%)
TOTAL – $875K (1.1%)

Signed (1 goalie)

Marc-Andre Fleury – $7M (8.6%)
TOTAL – – $7M (8.6%)

TOTAL FORWARDS (12) – $48.698 (59.8%)
TOTAL DEFENSEMEN (6) – $20.225M (24.8%)
TOTAL GOALIES – $7M (1) (8.6%)
TOTAL RETAINED – $500K (0.6%) *Tatar*

TEAM TOTAL (19) – $76.423 (93.8%)

That’s a 19 man roster than takes up 94% of the cap, leaving about $5 million to fill out the remaining few spots.

There’s only one spot in a gameday lineup that absolutely must be filled. That’s the backup goalie.

There are 12 forwards listed and there’s no help needed there. They have the superstar at the top of the list, followed by a stacked top-six, solid center depth with Karlsson, Stastny, Stephenson, Roy, and Glass, and then a bevy of wingers that can score and defend. Reasonably, those 12 forwards are good enough to win you a Stanley Cup, so adding much money to that list doesn’t seem prudent or necessary.

Ryan Reaves and Tomas Nosek are both UFAs this summer. It would make sense to keep both, but it must be done as cheaply as possible. The challenge is that both would have to remain on the active roster unless placed on waivers and the only waiver-exempt player of the 12 forwards is Glass.

On D, the Golden Knights have a host of cheap options already in the system to fill out the last one or two spots on the roster. Nic Hague, Jake Bischoff, and Dylan Coghlan are all under contract for less than $1 million and Jimmy Schuldt shouldn’t cross the seven-figure mark either. Plus, all are waiver-exempt.

Add it all up and it means the Golden Knights are going to be tight to the cap once again, and that’s before we even consider the option of keeping both goalies. There’s literally about $4 million in space with a roster of 20 players if the backup goalie makes the league minimum.

In other words, it’s going to be a money-in, money-out scenario this offseason. You want to keep Lehner or add a high-end defenseman, you’ve got to find the money to send away.

It probably won’t be as painful as last year, but don’t be expecting a mega offseason from McCrimmon, McPhee, and company, whenever the offseason ends up happening.

Numbers for this article are sourced from and


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  1. Great analysis. I love our forwards, top flight. A Cup team for sure. Plus, they absolutely never quit, never. We out work alot of teams. For example, against Ottawa, the OT win on Theodore’s goal. Marchy and Karlsson outworked Ottowa players, flat out determination. So many guys can skate, so many are blinding fast, but the intangibles are what make us an elite team. We fight. Stone is a unique player, sure, guys like Ovechkin score more goals but Stone steals pucks, he should be in jail for theivery. He passes are amazing, like Magic Johnson with skates on. He can score more goals but we have 6 or 7 other guys who can score too, he doesn’t need to score 50 goals for us to win. Reilly Smith is such a team guy, so underrated. Patches is Chris Kyle with skates on, a sniper with a puck. I think, if we stay healthy, we can contend for years to come. It’s an exciting time for us in Vegas.

  2. DOC Williams

    Once again speculation, without exact cap figure. But, that’s ok. Right now I won’t complain about talking next season ….. because this season is paused. Ken has to do something to earn a living!

  3. james

    Stasnty is lazy . My guess hes gone after this year unless he has a great playoff . If there is one

  4. Tim

    I agree with the above comment best way to ease the Cap problem is trade Stasnty he’s 6.5 million and with Glass, Stephenson, Roy, Cousins, and maybe Dugan much cheaper options we can sign all of them. We still have enough money for Nosek a goalie and Reeves if he’ll take a hometown discount if not we save his 2.8 million. So we have 4 million + Stasnty 6.5 million with 10.5 million if the cap doesn’t go ups we’ll be fine. I still want to figure out a way to keep Lehner although your not in favor of that Ken.

    • Walt

      Stastny has only 1 year left on his contract anyway, and going on 34 years old, he is the prime candidate to be traded to free up cap space.

      Vgk would be a far better team with 2 great goalies and speedy Stephenson replacing Stastny at center next season.

      • Brian Lawrence

        Don’t forget Jon Merrill is a UFA after this season and Engelland will probably call it a career after this season, so there’s another $2.5m or so we can throw in.

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