Vegas signs Alex Pietrangelo to $61.6M, seven-year contract

Alex Pietrangelo is Vegas certain, and the Golden Knights are shuffling the deck to suit him in.

Pietrangelo signed a $61.6 million, seven-year take care of Vegas on Monday that carries an $eight.eight million annual wage cap hit via 2027. It is the fifth-biggest cap hit for a defenseman within the NHL.

Including the end unfastened agent to be had offers Vegas some other big-money ability, however the staff had to make some other transfer to shed wage simply so as to add him. Normal supervisor Kelly McCrimmon stated the entrance place of job knew that stepping into and dedicated to creating it occur to signal Pietrangelo.

“Once we checked out alternatives to enhance our staff, we had what we believed used to be an out of this world uncommon alternative so as to add a defenseman, an elite participant, like Alex to our staff,” McCrimmon stated. “We projected what a freelance could be for Alex after which on the finish of that procedure requested ourselves, ‘Does this make us a greater staff? Does it enhance our possibilities of successful?’ We consider moderately strongly that it does.”

Earlier than finalizing Pietrangelo’s contract, the Golden Knights traded defenseman Nate Schmidt to the Vancouver Canucks for a 2022 third-round select, clearing his $five.95 million cap hit off the books. McCrimmon stated this used to be the one situation during which Vegas would have regarded as buying and selling Schmidt, and Vancouver changed into the beneficiary.

“Nate has been probably the most peak defensemen in our department lately,” Canucks GM Jim Benning stated. “He’s a dynamic participant who competes onerous in all places the ice. I feel he’s going to be a actually excellent have compatibility in our workforce.”

After already sending heart Paul Stastny to Winnipeg, the staff most probably must make any other business to change into cap compliant, which McCrimmon confident would be the case come opening day. That transfer may not be a business of goaltender Marc-Andre Fleury, even after committing long run to Robin Lehner, who is predicted to be able for coaching camp after present process clean-up shoulder surgical operation this week.

“We see the goaltending place being extremely necessary this 12 months,” McCrimmon stated. “Marc and Robin are going to be our goaltenders as we move into the offseason, into coaching camp and into the season.”

Goaltending wasn’t the Golden Knights’ factor in shedding to Dallas within the Western Convention ultimate. Scoring used to be, as that they had simply 8 objectives in 5 video games.

Pietrangelo, 30, is coming off posting a career-high 16 objectives regardless of the season being minimize quick at 70 video games. He completed fourth in Norris Trophy vote casting and is among the superb right-shooting defensemen within the league, so including him does make Vegas higher, even on the expense of buying and selling a well-liked teammate in Schmidt.

“He is probably the most peak 4 or 5 defenseman within the sport,” McCrimmon stated of Pietrangelo. “He’s the primary over the forums in each and every scenario for his staff.

Pietrangelo leaves the St. Louis Blues after serving as captain in their 2019 Stanley Cup championship staff. He has 109 objectives and 341 assists for 450 issues in 758 regular-season NHL video games and had a postseason-best 16 assists and averaged nearly 26 mins of ice time right through the Blues’ Cup run.

“He has been a stalwart participant for us, for this staff for plenty of years,” Blues normal supervisor Doug Armstrong stated Friday evening. “An enormous a part of a championship-caliber staff. He’s going to head down as far as probably the most superb Blues ever.”

St. Louis moved on from Pietrangelo, a homegrown prospect who used to be the No. four select within the 2008 draft, sooner than he did. The Blues signed former Boston Bruins defenseman Torey Krug to a $45.five million, seven-year contract Friday, necessarily ruling them out of preserving Pietrangelo after greater than a 12 months’s value of negotiations could not quantity to an settlement.

“We couldn’t in finding one thing that made everybody at ease,” Armstrong stated. “It’s now not the primary time, it received’t be the closing time this occurs within the NHL. You simply want it didn’t occur as a result of the honor and the need we needed to stay Alex right here.”

Pietrangelo changed into the closing of the top-tier unfastened brokers to discover a touchdown spot, after Taylor Corridor signed an $eight million, one-year take care of the Buffalo Sabres on Monday. Krug used to be the opposite, and winger Mike Hoffman is the end participant left in the marketplace after a 29-goal, 59-point season with the Florida Panthers.

Corridor took the other method of Pietrangelo and Krug with the cap staying flat amid pandemic-ravaged revenues.

“We knew it used to be going to be a novel market entering unfastened company,” Corridor stated Tuesday. “As soon as unfastened company began, I feel we have been made conscious beautiful briefly at how a lot issues had modified and the way COVID had affected a large number of various things. So, it roughly modified our decision-making from there.”

Pietrangelo had sought after to stick with St. Louis, however the signing of Krug altered his decision-making. The Toronto space local flew to Las Vegas on Saturday to satisfy with the Golden Knights brass and proprietor Invoice Foley, a discuss with that lead the way for this contract.

“It used to be transparent to peer how worried he’s to proceed to win,” McCrimmon stated. “He made the remark that successful a Stanley Cup has made him even hungrier to do it once more, so the dedication to successful is without a doubt a actually large think about his opting for to come back right here for the following level of his profession.”

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