Sunday was a busy day on the contract front for the Golden Knights. Brayden McNabb, Logan Thompson, and Michael Amadio all signed new contracts extending each of their stays in Las Vegas.
McNabb signed a three-year extension with an AAV of $2.85 million per year, locking him up through the 23-24 season.
Thompson and Amadio both signed league minimum salary deals with Thompson’s being for three seasons and Amadio’s for two.
Despite the contracts all being fairly straightforward, there’s a lot to consider in regards to the timing and what they say in relation to the upcoming trade deadline on March 21st. So, let’s fire up another edition of frequently asked questions.
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Do these contracts have any impact on the Golden Knights salary cap this season?
No, they do not. Each of these three are technically new contracts that begin next season. So, the cap hit for each player remains the same for the rest of this year. McNabb – $2.5 million. Thompson – $800,000. Amadio – $750,000
Why sign now?
For McNabb, it was in the best interest of both the player and the team to have a resolution to his contract status for next season. As a pending unrestricted free agent, the Golden Knights were in a situation where they would have had to consider trading McNabb so they didn’t lose him for nothing in free agency. This deal gives McNabb a slight pay increase, he gets to stay in Las Vegas, and it has him under contract through the age of 34. Both sides benefit in giving each a clear picture of the future.
As for Thompson, the deal is essentially a no-brainer for the Golden Knights. Thompson has proven capable at the AHL level and still potentially has an NHL future. Signing him for the league minimum comes with only upside as he’ll either be as cheap a player as possible in the NHL, or not count against the salary cap in the AHL. For Logan, the second two years of the deal are one-way contracts, meaning he’ll earn the full $775,000 whether he’s in the majors or minors.
It’s a similar situation for Amadio. Vegas gets a useable league minimum player while Amadio is guaranteed more than $1.5 million over the next two years no matter where he plays. For a player who was on waivers a few months ago, that’s not half bad.
Can the Golden Knights still trade McNabb to create salary relief?