The string of moves were a great exercise in how to leverage the NHL’s LTIR policies, but Vegas will still be worse for wear without Karlsson. The 32-year-old centerman hasn’t played since January 20th, when he sustained a lower-body injury against the St. Louis Blues. He was immediately ruled out week-to-week, and the team still didn’t have a clear timeline for his return 10 days later. An LTIR placement will now force him out of the lineup through at least February 24th, the second game after Vegas returns from break.

Karlsson has continued to serve as a top center for the Golden Knights, but his season has been filled with abnormal scoring struggles. He has just 18 points in 38 games on the year, and was amidst a seven-game scoring slump prior to his injury. Karlsson has one assist in 10 games since the start of 2025. He’s still provided strong performances for the Golden Knights away from the scoresheet. He currently sits with a fantastic 58.9 percent faceoff win-rate that ranks Karlsson fifth among all NHL centers. Karlsson has also recorded 89 shots on goal and a plus-seven, respectively ranking him third and fifth among the team’s forwards.

Those numbers represent an impact that’ll be hard for Vegas to replace. Their flurry of moves leaves the task of filling in up to Rondbjerg and Holtz. The latter has far-and-away been the more popular fixture of Vegas’ lineup. Holtz has scored 11 points in 49 games this season, while Rondbjerg hasn’t yet scored through 10 appearances. The duo should both earn ice-time on Vegas’ left wing while the team deals with absences to Karlsson, Lavoie, Cole Schwindt, and Tanner Pearson.

The Knights now have an open roster spot – they previously had one before the transaction, but recalled Jonas Røndbjerg from AHL Henderson today to replace Pearson on the active roster, per the NHL’s media site. He’ll join the team for tonight’s game in New Jersey and have to suit up unless they plan on dressing 11 forwards and seven defensemen.

Pearson, 32, landed a PTO with Vegas and eventually signed a one-year, league-minimum deal a few days before the start of the regular season. The 12-year veteran started the season on a high note with seven points in 11 games, but he’s been colder since then, with 12 points in 42 appearances since the beginning of November. He’s been especially cold lately, posting an assist and a minus-eight rating in his last 14 showings. He’s lost ice time and been pushed down the depth chart after the team inked Brandon Saad following his mutual termination with the Blues last week.

The 2014 Stanley Cup champion has a 9-10–19 scoring line in 53 games for Vegas on the whole, his best offensive showing since he scored 14-20–34 in 68 GP with the Canucks in 2021-22. Pearson lost most of the 2022-23 season with Vancouver due to a lingering hand injury and struggled to the tune of 5-8–13 in 54 games with the Canadiens last year.

His injury did force Vegas to roll 11-7 against the Isles, and it’s still unclear when he sustained it. Pending RFA Alexander Holtz should get a look in the top nine with Pearson out, as he’s projected to skate alongside Pavel Dorofeyev and Tomáš Hertl tonight against his former club. He’s back with the club after the team quietly assigned him to Henderson over the course of the past couple of weeks, although he never suited up for the minor-league club.

Røndjberg has played fourth-line spot duty again for Vegas this year, entering the lineup nine times. He’s still looking for his first point of the year but has secured his fourth straight season of NHL playing time with the Knights, who drafted him 65th overall back in 2017. The Danish winger has 7-8–15 in 32 games with Henderson.

Barbashev, 29, last played nearly one month ago and has missed 10 games with an upper-body injury. Both he and Nicolas Roy left a Dec. 15 win over the Wild prematurely and haven’t played since, and the latter still has a bit to go in his recovery before he’s ready to return.

The league-leading Knights took the loss of one-third of their top line in stride, managing an 8-2-0 record without Barbashev in the lineup while outscoring opponents 35-19. Victor Olofsson assumed Barbashev’s spot alongside Jack Eichel and Mark Stone, notching a pair of goals and three assists in nine games in the interim.

The Barbashev-Eichel connection this season has been lethal at even strength, contributing to the former tracking right around a point per game through the first half of the year – by far the best pace of his career. He has 15 goals and 30 points in 31 appearances, with just one of those points coming on special teams.

Barbashev is now in his third season in Nevada after the Knights acquired him from the Blues ahead of the 2023 trade deadline. He played a key role in Vegas’ first-ever Stanley Cup in 2023, posting 18 points in 22 playoff games, and has also managed 91 points in 136 regular-season contests since arriving with the Knights.

Needless to say, he’s providing important positive value on his $5MM cap-hit contract for Vegas this season. He’s in the second season of that five-year extension, which he signed weeks after winning the Cup.

Røndbjerg, 25, had played in the Knights’ last five games after being recalled from Henderson shortly before New Year’s. He added those onto two appearances earlier in the year, bringing his season totals to no points and a minus-one rating in seven appearances while averaging a paltry 8:57 per game.

It’s the Danish winger’s fourth year of seeing NHL ice, and he’s posted 10 points in 70 career games while serving in a depth call-up role. A third-round pick in Vegas’ first draft in 2017, he also has 103 points in 205 NHL games since arriving in North America in 2019.

Røndbjerg has been a go-to call-up over the last four seasons. He was originally the sixth pick in Vegas’ franchise history, hearing his name called in the third round of the 2017 NHL Draft after a strong season with the Vaxjo Lakers’ U20 squad. The Denmark-native spent the next two seasons working his way up to Vaxjo’s SHL lineup. He totaled 17 points in 80 games with the club before moving to the AHL full-time in the 2020-21 season. He scored 40 points through his first 78 games, and three seasons, in the AHL – just enough to earn a routine role in the mix of Vegas’ bottom-six. Since then, Røndbjerg has established a pattern of a role-based impact in the NHL coupled with high production in the minor leagues. The 30 NHL games he received as a rookie in 2021-22 stand as his single-season high, though he has totaled 65 NHL appearances and 10 points in the three seasons since. He’ll return to the top flight once again, on the back of 10 points through 25 AHL games this season.

Meanwhile, Laczynski will head back to the minors after just 11 days on the NHL roster. The 27-year-old center stepped into five games during his recall, recording six penalty minutes and a -1 but not managing any scoring. He’s been far more productive in the minor leagues, netting 19 points in 17 games – still a team-lead in scoring, despite the Henderson Silver Knights playing 10 games without Laczynski. His return will prove significant help for a young Henderson lineup.

Vegas was carrying 15 forwards and six defensemen, so the swap gives them an extra defenseman for the four remaining games on their road trip. Nicolas Hague is dealing with an undisclosed injury and has been on injured reserve for nearly two weeks, while the team placed Ben Hutton on LTIR on Tuesday after he sustained an upper-body injury against the Capitals over the weekend.

It’s Hägg’s first time being recalled since clearing waivers and heading to the AHL during preseason. The 29-year-old lefty signed a one-way, league-minimum deal on the second day of free agency to give Vegas some reinforcements on the back end, although it was clear he was low enough on their depth chart heading into camp that he would end up on waivers despite the one-way structure indicating otherwise.

Hägg has nearly 350 games of NHL experience, although his five appearances with the Ducks last year were his fewest since 2016-17, indicative of his decline into a minor-league fixture. He’s one of just four players to play in all 14 games for Henderson so far this season, ranking second among their defensemen in scoring with eight points (1 G, 7 A) and a -1 rating.

Meanwhile, Røndbjerg’s second recall of the young season ends without an appearance. The 25-year-old Dane appeared twice for Vegas earlier this month, posting a -1 rating in under 15 minutes of total ice time. The 2017 third-round pick has six points in 10 games for Henderson.

Per PuckPedia, the order of transactions here is especially relevant. Vegas assigned winger Victor Olofsson, who had been on LTIR since last month, to AHL Henderson on a conditioning loan yesterday but activated him before doing so, keeping them briefly cap-compliant without using LTIR.

This resets their capture, allowing them to re-optimize how much temporary flexibility they could achieve from Hutton’s LTIR placement. They moved Stone to IR and recalled Morelli and Røndbjerg all before placing Hutton on LTIR, then recalled Burke as the final transaction. After the moves, the Knights have a full active roster with 15 forwards, six defensemen and two goaltenders with $200K left in their LTIR pool.

For Stone, the IR placement is purely for roster management purposes and doesn’t affect his return timeline. He can be activated at any time since he’s already missed more than seven days, and since he’s on IR and not LTIR, his $9.5MM cap hit still effectively counts against Vegas’ books. The captain shouldn’t be too far off from a return after starting the season on a tear with six goals and 15 assists for 21 points in 13 games.

Hutton, 31, sustained the injury early in Sunday’s game against the Capitals and left after just four shifts and 2:40 of ice time. Vegas’ seventh defender for the past four years was a healthy scratch for 12 games in a row to begin the season but had played in five of their last six games, posting no points, five hits and three blocks while averaging 11:40 per contest and occasionally suiting up at right wing while Vegas dressed only 11 forwards.

He’s listed as week-to-week and won’t be eligible to return until Dec. 12 at the earliest now that he’s on LTIR. It’s far from a monumental loss, given how little he’d played, but it still stretches their defensive depth thin with Nicolas Hague already on IR with an undisclosed injury.

The moves mean that the Golden Knights’ recent stretch of running 11 forwards and seven defensemen is over, with only six blue-liners available on the roster. That means that one of Burke, Morelli or Røndbjerg will enter the lineup Wednesday against the Maple Leafs, likely the latter.

The 25-year-old Røndbjerg has played in a pair of games already for Vegas this season amid some short-term call-ups, posting a -1 rating and averaging just 7:33 per night. The Danish winger was a third-round pick in the Knights’ inaugural 2017 draft class and has three goals and seven assists for 10 points in 65 career NHL games dating back to his debut in 2021-22.

Burke, 27, is in his first season in the Vegas organization after signing a two-way contract as a UFA over the summer. The 5’10” forward has two goals and four assists for six points in 11 appearances with Henderson this season. The undrafted Notre Dame product is still looking for his first NHL point despite playing in a trio of games with the Avalanche and Hurricanes in spot duty over the past two years.

Morelli, 28, made his NHL debut for the Golden Knights last season amid a rash of forward injuries, scoring three times in nine games while adding an assist. The North Dakota native spent the first four seasons of his professional career on AHL contracts before earning an NHL deal with Vegas last year. He now serves as an alternate captain for Henderson and is tied for the team lead with five goals in 13 games, adding four assists for nine points.

Rondbjerg is no stranger to the NHL-AHL shuttle in recent years as he has played in at least 13 games with Vegas in each of the last three seasons.  In 2023-24, the 25-year-old got into 20 games with the Golden Knights, recording two goals and an assist while averaging 11:17 per night.  Overall, he has three goals and seven helpers in 63 career appearances in Vegas.

While he hasn’t been a big point producer in the NHL, Rondbjerg has been much more effective offensively in the minors.  Last season, he had nine goals and 16 assists in 48 appearances with the Silver Knights and is off to a decent start this year with two goals and two assists in his first seven games, helping to earn this recall.

As for Hague, the 25-year-old last played on Saturday and has been out with an undisclosed injury since then.  He’s off to a quiet start to his season, notching just one goal in nine games along with 12 blocks and 13 hits while averaging just over 16 minutes a night, a number that skews a bit low due to missing time due to injury in two straight games.  Assuming they back-dated the IR placement to Sunday, Hague will be available to return as soon as Monday against Seattle.

While Rondbjerg’s cap hit actually comes in slightly below the league minimum salary, his recall does push Vegas into using LTIR, meaning they’ll stop banking cap space for the time being.  Accordingly, it wouldn’t be surprising to see him at least papered back to the minors on Saturday to get them back under the $88MM Upper Limit again.

Boston Bruins

F Patrick Brown
G Brandon Bussi
G Jiri Patera
D Billy Sweezey
F Jeffrey Viel

Buffalo Sabres

D Kale Clague
G James Reimer
F Lukas Rousek

Calgary Flames

G Devin Cooley
F Jakob Pelletier
F Cole Schwindt

Carolina Hurricanes

F Josiah Slavin
D Ty Smith
F Ryan Suzuki

Chicago Blackhawks 

D Isaak Phillips

Detroit Red Wings

F Sheldon Dries
D Justin Holl
D William Lagesson
D Brogan Rafferty
F Joe Snively

Edmonton Oilers

D Josh Brown
F Drake Caggiula
F Raphael Lavoie
G Olivier Rodrigue

Los Angeles Kings

G Pheonix Copley
F Samuel Fagemo
F Jack Studnicka

Nashville Predators

D Marc Del Gaizo

New Jersey Devils

F Shane Bowers
D Nick DeSimone
F Nolan Foote
D Colton White

New York Islanders

D Samuel Bolduc
F Pierre Engvall
F Hudson Fasching
F Liam Foudy
G Marcus Hogberg
D Grant Hutton
F Fredrik Karlstrom
G Jakub Skarek

New York Rangers

D Matthew Robertson

Ottawa Senators

F Adam Gaudette
F Jan Jenik

Pittsburgh Penguins

D Sebastian Aho
F Bokondji Imama

St. Louis Blues

D Corey Schueneman
D Tyler Tucker

Tampa Bay Lightning

F Gage Goncalves
D Steven Santini
F Jesse Ylonen

Toronto Maple Leafs

G Matt Murray
D Marshall Rifai

Utah Hockey Club

G Matt Villalta

Vancouver Canucks

D Erik Brannstrom

Vegas Golden Knights

F Zach Aston-Reese
F Tanner Laczynski
F Jonas Rondbjerg

Washington Capitals

G Hunter Shepard

Winnipeg Jets

F Jaret Anderson-Dolan

Coghlan has been a part of the Hurricanes organization for the last two years, coming over from the Vegas Golden Knights in a trade including Max Pacioretty. Although he played 17 games in Carolina last season, tonight will mark the first time that Coghlan has suited up for the Hurricanes this season. A strong performer in AHL Springfield, Coghlan has scored 16 goals and 41 points in 59 games and is sitting second on the team in scoring overall.

Comtois, on the other hand, is in his first season with the Hurricanes organization after spending the last five years with the Anaheim Ducks. Failing to become a consistent goal-scorer in Orange County, Comtois had to settle for an AHL contract in AHL Chicago this past offseason. Appearing to reacquire some of his offensive talents, Comtois has scored 19 goals and 43 points in 62 games for the Wolves this season, which may be enough to earn him a league-minimum contract on an NHL roster next year.

Other transaction notes:

• Preparing to make his NHL debut this evening, the Blue Jackets have recalled forward Luca Del Bel Belluz from their AHL affiliate, the Cleveland Monsters. With forward Dmitri Voronkov out of tonight’s game due to illness, Del Bel Belluz could end up centering the third line with newcomer Gavin Brindley. In his first season playing for the Blue Jackets organization, the former 44th overall selection has scored nine goals and 30 points over 55 games in the AHL this year.
• Now that goaltender Thatcher Demko is preparing to return to the active roster, the Vancouver Canucks have sent down goalie Arturs Silovs to their AHL affiliate, the Abbotsford Canucks. Throughout his recall, Silovs only suited up in four games for the Canucks, and performed adequately in limited time. Over those four games, Silovs produced a 3-0-1 record, securing a .881 SV% which was largely brought down due to giving up four goals on 18 shots against the Arizona Coyotes.
• For now the 11th time this season, the Vegas Golden Knights have recalled forward Jonas Rondbjerg from their AHL affiliate, the Henderson Silver Knights. Due to the numerous amount of recalls this year, Rondbjerg has managed 18 games for the Golden Knights this season, scoring one goal and three points overall. At the AHL level, Rondbjerg has suited up in 48 games for the Silver Knights, scoring nine goals and 27 points in the process.

After his recall at the end of last season, Reichel produced quite effectively for a Blackhawks team that had no hopes of contending. In 23 games, Reichel would score seven goals and 15 points at the professional level, inspiring hope that he could be a top-line player as early as this season.

Unfortunately, those hopes quickly vanished, as Reichel has only been able to put up three goals and 10 points through 50 games, producing a team-worst -28 rating. The Blackhawks will be hoping that Reichel can take the time he needs in the AHL to regain his confidence to become a long-term fixture in Chicago’s top-six.

Other transaction notes:

• The Nashville Predators have sent down forward Mark Jankowski to their AHL affiliate, the Milwaukee Admirals, according to a team announcement. Now in his second season with the Predators organization, Jankowski was originally recalled on February 12th, going scoreless in the three games he suited up for. In Milwaukee, Jankowski has been remarkable this year, scoring 15 goals and 47 points over 40 games.
• Moving over to the Atlantic Division, the Buffalo Sabres announced they have sent down defenseman Kale Clague to their AHL affiliate, the Rochester Americans. Having yet to play for the Sabres up to this point in the season, Clague has been quite productive for the Americans, scoring three goals and 23 points through 41 contests.
• With multiple injuries coming to their forward core this season, Jonas Rondbjerg has been an oft-used organizational depth piece for the Vegas Golden Knights to replace lost minutes. Once again, the team has sent him back down to their AHL affiliate, the Henderson Silver Knights, per a team announcement. The native of Denmark has skated in 18 games for the Golden Knights this season, putting up one goal and three points in the process.

Outside of those missing practice, the team also announced that defenseman Shea Theodore was back at practice in a non-contact jersey, indicating that he may be close to returning. Out for much of the season, Theodore has scored four goals and 18 points in 20 games for the Golden Knights this year before an upper-body injury took him out of the lineup back on November 22nd.

Given that the team does not play until after the weekend, it would be reasonable to assume that Stone, Whitecloud, and Rondbjerg could all return without missing any games. However, it is important to note that Vegas has dealt with several injuries to key players throughout much of the season, and losing three players from illness would severely limit their depth moving forward.

In Korczak, this transaction will mark his third demotion of the season, with the other two coming in early January and early November, respectively. In December, Korczak suffered an undisclosed injury keeping him out of the lineup for nearly a month, limiting his play in Henderson to only five games on the year.

At the NHL level, Korczak has skated in 26 games for the Golden Knights this year, marking a career-high in terms of games played over the last three seasons. Averaging 16 and a half minutes of ice time a game, Korczak has scored one goal and nine points while also sporting a productive 50.4 CorsiFor% and a 94.2% On-Ice Save Percentage in All Situations.

According to Ryan Pike of Flames Nation, this set of transactions by the Flames will save the organization approximately $497K in cap space, just by sending them down over the All-Star break. As one of the expected sellers leading into this year’s trade deadline, the nearly half a million in cap space could allow Calgary to weaponize their cap space, as many deadline sellers have done.

For development’s sake, with the NHL returning to regular season action on February 5th, the trio of players sent down by the Flames today will have the opportunity to play in three games for the Wranglers. Coronato projects to factor in the most, still leading Calgary’s AHL team in points, having already scored 12 goals and 29 points in 27 games for the Wranglers this season.

Other transaction notes:

• Similarly to the Flames, the Vegas Golden Knights have optioned Brendan Brisson, Sheldon Rempal, and Jonas Rondbjerg to their AHL affiliate, the Henderson Silver Knights, per a team announcement. Having been recalled on January 18th via an emergency loan, Rempal has largely been the most successful of the bunch over the last several games for the Golden Knights, scoring a goal against both the New York Islanders and New York Rangers over the last four contests.
• In an announcement earlier this afternoon, the Minnesota Wild sent down forward Jake Lucchini and goaltender Jesper Wallstedt to their AHL affiliate, the Iowa Wild. Not only one of the best prospects in the Wild organization but one of the best prospects across the league, Wallstedt was able to make his NHL debut in his previous call-up coming in early January, stopping 27 of 34 shots in the team’s loss against the Dallas Stars on January 10th.
• The Chicago Blackhawks have sent down forward Cole Guttman and defenseman Louis Crevier to their AHL affiliate, the Rockford IceHogs, per a media release this afternoon. Guttman has been the much better player in Rockford this season, playing with the team through much of October and November. Over that stretch, Guttman scored three goals and nine points in 12 games for the IceHogs, tying him for 12th on the team in scoring for the season.
• The Tampa Bay Lightning made similar roster moves today, sending down Maxwell Crozier, Mitchell Chaffee, and Waltteri Merela to their longtime AHL affiliate, the Syracuse Crunch. Although neither of the three have made a large impact in their limited NHL experience, Chaffee has been the most successful over the last stretch, earning a goal and an assist in the team’s recent victory against the Arizona Coyotes on January 25th.

Amadio is in his third season with the Golden Knights, joining them as a waiver claim from the Toronto Maple Leafs partway through the 2021-22 campaign. He’s since served in a bottom-six role, averaging around 12 minutes of ice time in each of his three seasons with the club. The depth he provides was appreciated enough for Vegas to re-sign the forward to a two-year, $1.5MM contract extension only three months after claiming him. He’s serving the last year of that contract in this season.

The Golden Knights have recalled Jonas Røndbjerg to fill the role of the injured Amadio. He will join Byron Froese, Brendan Brisson, and Sheldon Rempal as recent call-ups looking to find their way into a Vegas lineup that currently has four forwards, four defensemen, and their starting goalie on injured reserve. None of Froese, Brisson, or Rempal have scored in their one or two appearances, while Røndbjerg has managed three points in the nine NHL games he’s received this year.

In a related report, Pike also points out that with Gilbert as well as Jacob Markstrom missing some time for the Flames, Walker Duehr’s waiver placement earlier this afternoon, and Oliver Kylington working his way back on an LTI conditioning loan, there will be plenty of moving pieces for Calgary in the next few days.

With now only 21 players on the active roster once Duehr’s fate is settled tomorrow afternoon, Calgary could recall young forwards such as Matthew Coronato or Jakob Pelletier, or even go the route of reintroducing Kylington back into the organization. Whatever the case may be, they do have some time to address their current roster situation, as they should be able to field a healthy team tomorrow night against the Toronto Maple Leafs without any corresponding transactions.

Other snapshots:

• The Boston Bruins could be welcoming back two of their bigger pieces, as Conor Ryan of The Boston Globe reports both Linus Ullmark and Brandon Carlo are nearing a return to the team. This news does not come as a tremendous surprise, as the Bruins sent down goaltender Brandon Bussi, clearing the way for Ullmark’s return. Carlo, on the other hand, has missed the last four games for Boston with an upper-body injury but should be able to return this weekend against the Montreal Canadiens, or even sooner in the Bruin’s rematch against the Colorado Avalanche.
• After recalling him on January 11th, the Vegas Golden Knights announced today they have reassigned forward Jonas Rondbjerg back down to their AHL affiliate, the Henderson Silver Knights. Playing in three games since his initial recall only a few days ago, Rondbjerg produced zero points while averaging a tad under 11 minutes of ice time a game.

21-year-old Cormier had an assist during his NHL debut on January 6, was +1 and averaged almost 15 minutes of ice time in two games. He is in his second year in the AHL and has a goal and 11 assists in 27 games. The former third-round pick was a good offensive option for the Silver Knights last year as he had ten goals and 25 assists in 62 games.

Denisenko was held pointless in three games during his most recent recall. His AHL numbers on the other hand have been solid this year, in 31 games the former 15th overall pick has 12 goals and 18 assists. In four years as a professional, Denisenko has played 29 NHL games and has seven assists and no goals.

Rondbjerg is looking to get back into the Golden Knights lineup for the first time in almost two months, the 24-year-old had a recall earlier in the season and had a goal and two assists in six games. The 2017 third-round pick has had a decent offensive season in Henderson with four goals and 10 assists in 24 games this season.

Korczak showed promise during a two-month recall earlier in the season and will get another look with Vegas. The 22-year-old is typically known as a physical defensive defenseman but has shown some offensive upside in a limited sample size as he has a goal and six assists in 15 NHL games this season.

Vegas currently sits in second place in the Pacific Division with a 23-13-5 record. Despite the good start to the season, the Golden Knights have struggled as of late with a 3-7 record in their last ten games. They have also struggled on the road with a 9-9-3 record.