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Trade-deadline primer: Vegas Golden Knights
Vegas Golden Knights center Mattias Janmark Sergei Belski-USA TODAY Sports

As the calendar turns to March, the trade deadline is inching closer. Where does each team stand and what moves should they be looking to make?  We continue our look around the league with the Vegas Golden Knights.

Maybe more than any other season in their franchise’s brief history, this season seems to be one where the Vegas Golden Knights are truly pushing all their chips to the center of the table, going all-in on winning a Stanley Cup. Since losing their battle for the Clarence S. Campbell Bowl to the Montreal Canadiens to end their 2020-2021 season, the Golden Knights have been aggressive in pursuit of upgrades to their team. This offseason, they made one of the biggest trades the NHL has seen in the past few years, landing superstar center Jack Eichel from the Buffalo Sabres to fill a longstanding need for a star first-line center. With Eichel in tow, the task for coach Pete DeBoer’s side is clear: win the franchise’s first Stanley Cup, anything else will be disappointment, and GM Kelly McCrimmon and his front office enter trade deadline season with that mission in mind.

Record

30-21-4, 4th in the Pacific

Deadline Status

Buyer

Deadline Cap Space

$5.15M today, $5.15M in full-season space, 47/50 contracts used, 0/3 retention slots used per CapFriendly

Upcoming Draft Picks

2022: VGK 1st*, VGK 2nd, NYR 3rd, VGK 5th, CHI 5th, VGK 6th, VGK 7th
2023: VGK 1st*, VGK 2nd^,  VGK 3rd, BUF 3rd**, VGK 4th, VGK 5th, VGK 6th, VGK 7th

* Whether Vegas owns their 2022 or 2023 1st rounder depends on where they finish this season. Should their 2022 pick end up inside the top-10, Buffalo would receive Vegas’ 2023 1st. If it is outside the top-10, Buffalo receives Vegas’ 2022 1st.

^ Vegas’ 2022 2nd round pick belongs to the Sabres unless Vegas’ 2022 1st round pick is inside the top-10, then the Sabres will instead receive Vegas’ 2024 2nd.

** Vegas receives Buffalo’s 2023 3rd round pick unless Vegas’ 2022 1st round pick is inside the top-10. If that happens, Vegas will instead receive Buffalo’s 2024 3rd round pick.

Trade Chips

The curse of the Golden Knights’ winning ways is that they typically find themselves with little room to work with below the salary cap. This year’s team is no different, and the aggression with which the Golden Knights’ front office has pursued upgrades for their team has left the team in a unique situation for this deadline season. The Golden Knights are, of course, cap compliant despite adding Jack Eichel’s significant salary, but that was not done without a cost. Captain Mark Stone is on long-term injured reserve, as is defenseman Alec Martinez. Stone is expected to be out until the playoffs begin, in a similar way to how Nikita Kucherov’s injury situation was handled last season. Martinez, on the other hand, is expected to return to the lineup eventually. That return gives the Vegas essentially zero extra cap space to work with for this deadline season. That means that the team is in a situation where money entering the roster must be matched by money exiting the roster, making finding potential trade fits that much harder. 

That being said, should they choose to make upgrades at the deadline, the ideal candidate to be moved would be Evgeny Dadonov. Dadonov has not scored a point since January and his $5MM cap hit, if moved, could pave the way for Vegas to add a legitimate difference-maker to bolster their roster. Dadonov in total has 10 goals and 21 points in 53 games for Vegas since arriving in an offseason trade with the Senators, and he has two seasons left on his contract, a contract that also provides him with some trade protection. So it would definitely be a difficult deal to make, and Vegas could very well need to add sweeteners for a team to take on Dadonov’s contract. But if the team is set on going all-in on a Stanley Cup this season moving Dadonov is definitely their clearest way to the cap room required to add a useful player.

If moving Dadonov proves too difficult in an environment where cap space is at a premium, the other player Vegas could move to facilitate the addition of another player could be Mattias Janmark. Janmark, 29, was traded to Vegas at last year’s trade deadline and enjoyed a reasonably successful run with the team as a rental, scoring five points in 15 regular season games and eight points in 16 playoff games, including a game-7 hat-trick that clinched a series victory over the Minnesota Wild. Janmark has posted similar numbers this season, with seven goals and 17 assists, but he suffered an upper-body injury in a February 25th game versus the Coyotes and has not played since. Janmark’s injury combined with his expiring $2M cap hit means that he is not immediately useful on the ice but incredibly useful to the Golden Knights as a salary-matching trade-chip at the deadline. So if Vegas can find a way to fit an addition at a cap number under Janmark’s cap number, expect him to be shipped away to facilitate that addition.

Others to Watch For: F Reilly Smith, F Nolan Patrick, G Laurent Brossoit

Team Needs

1) Cap Flexibility

The Vegas Golden Knights’ entire existence as a franchise has been marked by a consistent tendency to pursue aggressive upgrades to their roster. This is a team that has traded for two star players who captain other teams ,(Eichel and Max Pacioretty) and signed another as a free agent. (Alex Pietrangelo) They traded for Robin Lehner despite having Marc-Andre Fleury, the closest thing Vegas has to a franchise icon, on their roster. This is clearly a front office that wants to do, and will do anything it takes to get an edge. But to do that they need space under the cap to make moves, which they are sorely lacking right now.

2) More Consistent Goaltending

By trading Fleury this offseason, the Knights made it clear that Lehner would be their franchise goaltender going forward. The 30-year-old Swede is an accomplished goaltender who can clearly be a #1, but he has been inconsistent this season, with a .907 save percentage, and he has also battled injuries. If Vegas is absolutely sure they need to win a Cup this season, perhaps they find a surer hand to play as Lehner’s backup instead of Laurent Brossoit and his .903 save percentage.

3) Cheap Depth Players

As has been mentioned ad nauseam, Vegas is all-in on winning a Stanley Cup this year. To win a Stanley Cup, there is very little margin for error. A team needs to be designed with great intent and coached to embody an identity that each player buys into. The players currently playing in Vegas’ bottom-6 as depth pieces, players like Michael Amadio and Jonas Rondbjerg, are decent enough players, but probably not the players coach DeBoer would want in a high-leverage playoff situation. The Knights at full strength are only an injury or two away from them, so a dark-horse priority going in the deadline for Vegas could be adding some more reliable and playoff-proven depth.

This article first appeared on Pro Hockey Rumors and was syndicated with permission.

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