Olofsson signed with Vegas in free agency over the summer, inking a one-year, $1.075MM deal in the hopes of rebuilding his value after a tough final couple of years in Buffalo.  The 29-year-old got off to an impressive start with two goals in the season opener while adding another tally in his fourth outing.  However, that was his last appearance with them thanks to a lower-body injury that landed him on LTIR.

Olofsson was sent down on November 18th but didn’t see any game action with Henderson.  That trend will continue for the time being as he’s not expected to suit up against the Jets.

Morelli, meanwhile, has been recalled three times recently but it hasn’t resulted in much playing time as he has just one appearance with Vegas this season, one that saw him play just 7:31.  He has been productive with the Silver Knights though, notching five goals and four assists in 13 games thus far.

As for Hagg, he also has been shuffled back and forth quite frequently over the last week and a half.  The veteran has suited up twice for the Golden Knights this season, making it nine straight years with appearances at the top level.  However, he’s averaging just over 11 minutes per game while also recording 11 hits in those outings.  He has gotten off to a nice start offensively in the minors, however, picking up eight points in 14 games with Henderson.

With the moves, Vegas has once again exited LTIR and is back to banking a small amount of cap room.  Ben Hutton is presently on LTIR so if the Golden Knights need to bring anyone up later on, they will have the flexibility to do so by using Hutton’s $975K buffer.

• The Oilers have reassigned defenseman Josh Brown and forward Drake Caggiula to AHL Bakersfield. Brown has been shuffled back and forth in recent days while Caggiula was recalled back on Thursday.  Edmonton is off until Friday and the moves allow them to dip out of using LTIR and bank a small amount of cap space for the next few days.  At least one of them, if not both, will likely be recalled later in the week.
• A day after being papered down, the Bruins have recalled forward Marc McLaughlin and defenseman Jordan Oesterle from AHL Providence. McLaughlin hasn’t played for Boston yet this season while Oesterle suited up three times earlier this month.
• The Hurricanes have recalled winger Jackson Blake and goaltender Spencer Martin from their latest paper loan to AHL Chicago. Both players have been shuffled back and forth routinely in cap-saving moves.
• A day after the Devils loaned wingers Shane Bowers and Nolan Foote along with defenseman Nick DeSimone to AHL Utica, the trio was recalled today. Sunday’s demotions allowed them to clear LTIR for the day but they are back to using it for the time being now.
• After being papered down on Sunday, the Golden Knights have recalled wingers Mason Morelli and Callahan Burke, who scored his first NHL goal on Saturday in a win over Montreal. They also brought back blueliner Robert Hagg who was both recalled (on an emergency basis) and sent down on Saturday.  Hagg’s recall moves Vegas back into using LTIR for now.

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.

There was no postseason action in store for any of these players in the minors. Henderson failed to qualify for the 2024 Calder Cup Playoffs after going 28-36-3-5 in the regular season, missing out for the second year in a row.

Many of these players, including all of the forwards mentioned and Korczak on the blue line, played in NHL games with the Knights this season. Mayo had 82 NHL games of experience across 2021-22 and 2022-23 with the Coyotes but didn’t suit up for Vegas in 2023-24. Saville, Sedoff and Vikman have yet to make their NHL debuts.

Brisson, 22, is the most likely of these recalls to see game action in the playoffs. The 2020 first-round pick did well in his first NHL season, recording two goals and six assists for eight points in 15 games across a spattering of late-season recalls. Averaging 12:20 per game, he played a handful of different units but spent most of his time on the wing with William Karlsson and Jonathan Marchessault. The trio controlled 65.2% of expected goals in 43 minutes together, per MoneyPuck. The former University of Michigan standout also had 19 goals and 38 points in 52 contests with Henderson, his second full season in the pros.

Denisenko, 23, was picked up in the first round by the Panthers two years before Brisson. After failing to crack Florida’s opening night roster, he was nabbed off the waiver wire by Vegas in October. He was assigned to Henderson after there were no takers for him on waivers a second time – including his former team. The 5’11” winger still doesn’t have an NHL goal to his name in 32 appearances, six of which came in a Golden Knights sweater this season. However, he did have a breakthrough campaign in the minors, recording career-highs across the board with 20 goals, 36 assists and 56 points in 65 games. That led the club in assists and points, and only veteran Sheldon Rempal had more goals (27).

Froese, 33, recorded an assist in 16 appearances for Vegas this year, marking his first time playing in back-to-back NHL seasons since playing in three straight from 2015-16 to 2017-18. The longtime farmhand has suited up 141 times in parts of six seasons for the Canadiens, Flames, Golden Knights, Maple Leafs and Lightning. An alternate captain with Henderson, Froese finished fifth on the club in scoring with 31 points (13 goals, 18 assists) in 53 games.

Morelli, 28, earned his first NHL contract with the Golden Knights last July after spending three years on minor-league deals with the Hershey Bears, the Capitals’ AHL affiliate. Fresh off a Calder Cup win in 2023, Morelli made his NHL debut in February while injuries decimated the Knights’ forward group. He put up a goal and an assist on his first try against the Sharks and finished his callup with four points in nine games. The North Dakota native also had a career-high 13 goals in 56 games with Henderson, adding 16 assists for 29 points on the year.

On the blue line, Korczak will be head coach Bruce Cassidy’s first choice to insert into the lineup if Vegas needs to reach past the two extra defenders they entered the postseason with. The 23-year-old was a second-round pick in 2019 and played a career-high 26 games for the Golden Knights this year, posting nine points and a +12 rating while averaging 16:30 per game. He mirrored those stats in Henderson with a goal and eight assists in 26 games there and still carries significant NHL upside as a smooth-skating, 6’4″ right-shot defender. His entry-level contract is up this summer, but his next deal shouldn’t cost more than $1MM just yet and will be a cheap, reliable call-up option with an outside chance to crack next year’s opening night roster.

Mayo, 27, was picked up by the Knights in a February 2023 trade with Arizona that sent a fifth-round pick and the contract of defenseman Shea Weber, who won’t play again due to various injuries, to the Yotes. An adept shutdown defender with depth NHL upside, Mayo had a career-high 25 points in 67 games with the Silver Knights this season with a -6 rating and 79 PIMs, his most in a single season since his junior hockey days.

Sedoff, 22, was an undrafted free-agent signing by Vegas from the Western Hockey League’s Red Deer Rebels last year. The Finnish blue-liner managed to stick in the AHL the whole season, avoiding a demotion to the ECHL, but didn’t score in 46 appearances. He tallied 10 assists for his first-ever professional points and posted a -1 rating, the second-highest on the team behind Brisson among qualified skaters.

Saville and Vikman split backup duties for Henderson behind the more experienced Jiří Patera, although neither won the job outright. The 23-year-old Saville had slightly better numbers, going 7-12-1 with a .893 SV%, 3.27 GAA and one shutout in 22 appearances. The Alaska native was a Vegas fifth-round pick in 2019. Vikman, 22, was a fifth-round pick a year after Saville. The 6’3″ Swede split the year between Henderson and ECHL Savannah, failing to cross the .900 SV% plateau at either level.