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SHEA THEODORE (D) SIGNS 7 YEAR EXTENSION AT $5.2M AAV

(Photo Credit: SinBin.vegas Photographer Brandon Andreasen)

The stalemate is over. Shea Theodore has signed a 7-year contract worth $5.2 million AAV against the cap.

George McPhee said much of the negotiations were over the length of the contract. The team insisted on a long-term deal but Theodore and his agents were looking for a bridge deal that would lead Theodore to an even bigger deal in a few years.

The contract locks Theodore to the Golden Knights through the 2024-25 season with what McPhee described as “cost certainty.” In the eyes of the Golden Knights it may be a slight overpay for this year and next, but down the road, Theodore will be a steal at $5.2 million, especially if the cap continues to rise as projected.

Full George McPhee press conference below.

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1 Comment

  1. DP

    This contract indicates no money left to sign Schmidt to a contract extension. The 5.2 million for Theodore shows the top pairing of the future is Theodore and Miller. Schmidt will sign for 6+ million with someone next year. SEE YA Schmidty.

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