In an interview with Daren Millard and Ryan Wallis of the VGK Insider Show, Golden Knights’ general manager Kelly McCrimmon was quoted saying, “We’ve sort of said from the outset that we don’t anticipate being real busy this week, I still maintain that. That was the position we felt we were in right from the beginning of the season.”

If they maintain that approach through this year’s deadline, it would be a notable deviation from years past. Much to the dismay of many fans around the league, the Golden Knights have infamously acquired Tomáš Hertl, Noah Hanifin, Anthony Mantha, Jonathan Quick, Teddy Blueger, and Ivan Barbashev over the last two deadlines. It would remove a consistent buyer from the market if they’ve preemptively decided to sit this deadline out.

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Uchacz recently finished a five-year career in the Western Hockey League, split between the Seattle Thunderbirds and Red Deer Rebels. Unfortunately, his departure from the Thunderbirds wasn’t under good circumstances. The Calgary, Alberta native was removed from the Thunderbirds roster for the 2020-21 season due to making racially-charged comments toward one of his teammates.

After additional training and education, the WHL reinstated Uchacz for the 2021-22 season. The WHL’s announcement came shortly after the Thunderbirds traded Uchacz to the Rebels for a second-round pick in the 2021 WHL Prospects Draft.

He finished his career on a three-year hot streak, scoring 106 goals and 199 points in 188 games for the Rebels. Much like Bowman, Uchacz went undrafted at the NHL level and had to settle for an AHL contract this season with the Silver Knights.

At the time of writing, Uchacz sits seventh on the team in scoring with 12 goals and 23 points in 51 contests. Unfortunately, it hasn’t been enough to help Henderson climb out of the Pacific Division basement.

Bowman joined the Silver Knights out of training camp after four years with the OHL’s Guelph Storm. He had always shown a knack for putting the puck in the net, scoring 27 goals and 10 assists through his first two years with the Storm.

Like many quality goal-scorers at the OHL level, Bowman reached beyond a point-per-game average during his junior and senior seasons. The Kitchener, Ontario native scored 70 goals and 73 assists in 122 games, finishing second on the team in scoring in back-to-back campaigns. Unfortunately, Bowman’s production in Guelph never earned him a draft selection at the NHL level.

Still, his professional career has gotten off to a positive start. He’s scored 12 goals and 30 points in 52 games with AHL Henderson- good for third on the team in scoring.

Unless the Silver Knights go on an unprecedented win streak to end the 2024-25 season, Bowman will have to wait another year to compete for the Calder Cup. Henderson occupies last place in the AHL’s Pacific Division with a 22-30-3-0 record and 17 games remaining.

Swick is a towering six-foot-six, 210-pound winger who skates smoothly, doesn’t take penalties, and gets back on defense. Those points are evidenced by his measly 38 penalty minutes and a strong plus-seven this year. His size limits what roles Swick can play in the offensive end, but he fills what’s asked of him well – holding space in the slot and using a long reach to disrupt opponents.

Swick had a breakout year last season. With the eyes of NHL scouts watching close, he jumped from 18 points in 33 games in 2022-23 to 62 points in 63 games last year. He found his niche as a passing catalyst for Kitchener’s smaller and more dynamic scorers. But Swick was distinctly helped along by an improved ability to hang onto the puck and work his way into space. He improved his play through traffic on and off of the puck, and continues to improve his scoring pace this year as a result.

With sixth-round acclaim and juniors scoring that, while strong, doesn’t jump off the page – it’s not likely that Swick will make an impact on the NHL roster in the short term. He’ll instead likely be forced to decided between the AHL and college hockey next season, with recent agreements between the CHL and NCAA opening the door for the soon-to-be 21-year-old to take either path. Should he turn pro, Swick’s body control in his lofty frame could earn Vegas’ attention very quickly. The New York Rangers have notably found their own successes leaning into their oversized forwards, with Adam Edstrom and Matt Rempe each carving niche roles in the Rangers bottom-six.

The Vegas Golden Knights are sitting in a position that has become all too familiar as they approach the NHL Trade Deadline. They are once again atop the Pacific Division and will be one of the favorites to come out of the Western Conference as they try to get back to the Stanley Cup Final. Vegas is always in the mix to make a big move and has never shied away from doing everything possible to make a splash. The Golden Knights have stumbled as of late (4-4-2 in their last 10) but will no doubt push to find reinforcements for another deep playoff run. It will not be easy for them to make changes as they don’t have a first-round pick in the next two drafts and have very little room under the NHL salary cap.

Record

34-18-6, 1st in the Pacific Division

Deadline Status

Buyers

Deadline Cap Space

$2.422MM on deadline day, 0/3 retention spots used, 47/50 contract spots used, per PuckPedia.

Upcoming Draft Picks

2025: VGK 2nd, SJ 3rd, WASH 3rd, VGK 4^th, VGK 5th, VGK 6th, WASH 6th,
2026: VGK 2nd, VGK 3rd, VGK 5th, VGK 6th, VGK 7th,

Trade Chips

Meanwhile, the positive injury updates continue as the team is expected to activate (X Link) forward Tanner Pearson for tonight’s contest against the Vancouver Canucks. Pearson missed the Golden Knights’ final two games before the break due to an undisclosed injury. The former 20-goal scorer has notched nine goals and 19 points in 53 games for Vegas this season averaging 12:01 of ice time per night.

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While Schenn has been seen as a speculative fit for a few teams, namely the Avalanche, there hasn’t been any mention yet of a team demonstrating clear interest. That changes with Pagnotta’s report, as he notes the Golden Knights are one of “several” teams that have contacted St. Louis general manager Doug Armstrong about a Schenn trade:

[The Golden Knights] have cap space. Obviously, Shea Theodore is out. We had heard the initial prognosis was six-to-eight weeks, which would take them right towards the end of the season. So, we’ll see kind of where that goes. But (Schenn’s) on their radar and a few other teams, as well.

How high the Blues set the asking price for Schenn remains to be seen. It’s been a seller’s market thus far, but Schenn has a full no-trade clause and carries a $6.5MM cap hit that’s already a tad steep for what he’s provided offensively over the last two seasons. Considering he’s 33 years old and signed through the 2027-28 campaign, there won’t be an oversized list of teams willing to take on that contract.

St. Louis does have all three of its salary retention slots available. Still, there’s an inherent risk of limiting their retention availability for that many seasons if the Blues endure a longer retool or rebuild than expected. If someone steps up for them, they certainly won’t be keeping any money on Buchnevich or Kyrou, both signed through the 2030-31 season.

It stands to reason that Kyrou would land the most significant return of the trio. He’s the youngest at age 26 and leads the team in scoring with 23-21–44 through 56 games. He’s tied his career-best +10 rating, and while his offensive production is his worst per-game basis in four years, he boasts more substantial possession impacts than in the past and has added a bit more physicality to his game with a career-high 31 hits. An $8.125MM cap hit may stand as a small overpay at present but checks in at market value once the salary cap begins its meteoric rise next season, assuming his current 64-pace is where he bottoms out. He’s averaged 33 goals and 73 points per 82 games since his breakout 2021-22 campaign.

Buchnevich put pen to paper on a six-year, $48MM extension one day after becoming eligible to sign one last summer, but his production has continued to slide after back-to-back seasons above a point per game in 2021-22 and 2022-23. His totals dropped to 63 points in 80 games last year, and he’s only pace for 52 points over an 82-game schedule in 2024-25 with 11-23–34 through 54 appearances. His minus-two rating is his worst since arriving in St. Louis four years ago, as is his 11.1% shooting rate. With so much term attached at an $8MM annual commitment, a Buchnevich trade will likely need to wait until the summer at the earliest for teams to gauge whether the chance at a resurgence is worth the risk of him plateauing at 50-65 points per season.

Denisenko, 24, is best known for his time in the Panthers system as a top prospect. His professional career never got off the ground after being selected 15th overall in 2018, though, and after failing to make Florida’s roster out of camp last season, he was waived and claimed by the Golden Knights. He’s appeared in just seven games with Vegas since the beginning of 2023-24, spending nearly all of his time in Henderson instead. Only one of those games came this season. He’s yet to record a point in a Knights uniform and has a minus-three rating while averaging 10:30 per game and recording five shots on goal.

This season, Denisenko cleared waivers in September and returned to Henderson. After recording a respectable 56 points in 65 games there last year, 2024-25 hasn’t been nearly as productive for the Russian forward. He’s posted 10-14–24 in 42 games with a -21 rating, although that was still good enough for sixth place on the scoring-challenged Silver Knights. His lone NHL appearance this year came on Nov. 13 against the Ducks, taking a minor penalty and recording five hits with no shots in 8:27 of ice time.

Now in the Nashville organization, Denisenko will look to get his AHL scoring numbers back up in search of another NHL recall. He doesn’t have a lot of runway to do it with two months left in the regular season, though. He’s also due to reach Group VI unrestricted free agency this summer as a result of him playing fewer than 80 NHL games while being at least 25 years old on July 1 with at least three seasons of professional experience. That makes him ineligible for a qualifying offer, and he’ll hit the open market without an extension.

With the move, the Knights open up a contract slot ahead of the trade deadline. They now have three with 47 out of a maximum 50 on the books.

8:17 a.m.: Canada defenseman Shea Theodore will be sidelined for the rest of the 4 Nations Face-Off after sustaining an upper-body injury in last night’s overtime win over Sweden, head coach Jon Cooper told reporters postgame (including Elliotte Friedman of Sportsnet).

The Golden Knights blue-liner hit the boards awkwardly while being hit by Swedish Kings winger Adrian Kempe early in the second period. He skated off under his own power and appeared to favor his right arm/shoulder area. During the game, TNT’s Jackie Redmond relayed that Theodore was already undergoing X-rays as part of his initial evaluation.

Unfortunately for the 29-year-old, his second appearance for the Canadian men’s national team ends after nine shifts and 6:59 of ice time. Canada cannot immediately replace Theodore on its roster – they can only add replacements if fewer than 18 healthy skaters are available for a game. Travis Sanheim was scratched as their extra defenseman against Sweden but will make his tournament debut on Saturday against the United States.

It’s a tough break for the 6’2″ lefty, who’s produced at an elite clip for Vegas since the turn of the decade but has struggled with injuries over the past few seasons. He hasn’t played more than 60 regular-season games in a single campaign since 2021-22. He was on track to play in all but one regular season game this year after missing a game due to illness back in October, but his availability for Vegas coming out of the two-week break in the schedule is now uncertain.

Theodore wasn’t going to be a top power-play option for Canada – they had Cale Makar and Josh Morrissey to quarterback their two units. But he was arguably their best puck-mover and most offensively gifted blue-liner behind those two, and a much lower-ceiling option in Sanheim now has to fill his minutes.

Vegas is far more concerned about Theodore missing time than the national side, though. He’s inarguably been their top defenseman this season, leading the club’s blue-liners in goals (seven), assists (41), points (48), shot attempts (282), takeaways (27), expected rating (+9.5), and CF% at even strength (52.1). For a team that entered the break on a 5-8-3 skid, that’s tough news.

Theodore’s lone previous appearance for the Canadian men’s national team came in 2019 when he recorded 2-5–7 with a plus-nine rating in 10 games en route to a silver medal at the World Championship. He also suited up for Canada at the 2013 U18 Worlds and the 2015 World Juniors.

Image courtesy of USA Today Sports.

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.

Saad fills the veteran scoring winger need that Vegas was looking to address before the trade deadline. That need has been exacerbated in recent weeks with long-term injuries to William Karlsson and Cole Schwindt, forcing players like Raphael Lavoie and Keegan Kolesar to step into top-nine roles. They fill the hole without giving anything up aside from cap space, which they were tight on before today’s move with Karlsson and Schwindt on standard IR.

Unless they make a corresponding transaction, Karlsson will likely be transferred to LTIR if he’s not expected back before the 4 Nations Face-Off. If he is, Schwindt and his $800K cap hit have been out of the lineup longer, making a retroactive placement easier. Just Schwindt’s relief will likely be enough to accommodate Saad’s cap hit on the roster, especially with SinBin Vegas reporting they’ve returned Callahan Burke to AHL Henderson today.

Saad gives the Golden Knights immediate top-nine help, and they’re hoping a rebound in shooting percentage accompanies his arrival. Amid trade rumors for a good portion of the season, his underwhelming start to the 2024-25 campaign with the Blues included a career-worst -14 rating and a 9.3% shooting rate that he’s only underperformed once. The seven-time 20-goal scorer only had seven tallies through 43 games as a result, production he’ll look to jumpstart in Vegas after posting 26 goals just one season ago.

The Knights were likely one of a few teams interested in acquiring Saad from St. Louis via trade but couldn’t work out a deal. He had one season left after this one on his previous contract with a $4.5MM cap hit. With that obstacle out of the way following his mutual termination, Saad gets a fresh start – albeit on a significant discount on his previous price point – and the Knights get their desired piece.

A strong finish to the season could allow Saad to recoup his lost market value on the open market this summer, potentially even sniffing his previous AAV on a short-term deal if he can prove he can still produce at a 20-goal pace.

Image courtesy of USA Today Sports.

Kevin Weekes of ESPN was first to report the Golden Knights were signing Saad.

Burke’s recall will push another recent recall Raphael Lavoie to the left side and allow him to play on the third line, while Burke is expected to play right wing on the fourth line alongside Tanner Pearson and Brett Howden.

The recall also pushes Jonas Rondbjerg to the bench after he played very well a few nights ago. Rondbjerg is pushing up against his waiver-exempt games limit which may have factored into the decision. While he played well, Rondbjerg hasn’t had any offensive impact this season with zero points in nine games, and Vegas may be looking elsewhere to see if another player can provide an immediate impact.

Burke is having a poor offensive season in the AHL compared to previous years, his seven goals and six assists in 34 games represent a significant drop from last season’s numbers when he had 39 points (16 goals and 23 assists) in 57 games.

Lavoie was the subject of a sparring match between Vegas and Edmonton in the days leading up to the 2024-25 season. In a matter of five days, he was placed on waivers by Edmonton and claimed by Vegas; waived by Vegas and claimed by Edmonton; and then needed waived again by Edmonton since the Golden Knights were one of two teams to put in an original claim. Vegas was then able to put in a second claim and assign Lavoie to the AHL’s Henderson Silver Knights, where he’s been ever since.

After a winding path to land in Henderson and a slow start to the year, Lavoie finally seems to be finding his footing with the Silver Knights. He has nine points, 33 penalty minutes, and a +9 through his last 10 games, including the game-winning overtime goal in Henderson’s Saturday win over Colorado. Lavoie has more than doubled his scoring with the hot streak, moving up to 16 points in 29 games this season. The Golden Knights seem poised to reward his hard work as they plan to award him just the eighth NHL game of his career. Lavoie played in seven games with the Oilers last November, but failed to manage any scoring and received under 10 minutes of ice time in each game. He closed out the 2023-24 campaign by going on a tear in the minor leagues, finishing the year third on the Bakersfield Condors in scoring with 50 points in 66 games. At just 24, Lavoie now represents another low-risk, high-upside winger for the Golden Knights to mold.

Pietrangelo has appeared in 46 of Vegas’ 49 games this season, having missed six days of action with an upper-body injury in November. He’s otherwise been as consistent as they come, averaging nearly 23 minutes of ice time and serving roles on both of Vegas’ special teams. He ranks second among the team’s blue-line in scoring with 25 points in 46 games, confidently behind Shea Theodore’s 44 points. Pietrangelo also ranks second on the team in blocked shots with 87. Even at the age of 35, Pietrangelo has continued to serve in a premier role for the Golden Knights.

Pietrangelo was named to Team Canada’s 4-Nations Face-Off roster on December 3rd, alongside Golden Knights teammate Theodore and former St. Louis Blues teammate Colton Parayko. The trio made up half of a blue-line that also featured Cale Makar, Devon Toews, Josh Morrissey, and Travis Sanheim. With Pietrangelo opting to withdraw, Canada will have to go back to the drawing board to find their final defender. Edmonton’s Evan Bouchard, New Jersey’s Dougie Hamilton, and San Jose’s Jake Walman lead all available options in NHL scoring.

The reasons for Pietrangelo’s withdrawal seem unclear. He has shown no signs of injury through the recent stretch and has even recorded an assist in four of Vegas’ last five games. Pietrangelo is also signed through the end of the 2026-27 season, giving him a reasonable chance at making Team Canada’s roster for the 2026 Winter Olympics with a strong showing at the 4-Nations tournament. But he’ll now back out to keep his sights on Vegas’ success.  The Golden Knights currently rank third in the Western Conference and fourth in the NHL with 64 points. They seem clearly in sight of a playoff berth, where they’ll get a chance to chase their second Stanley Cup in the last three years. Pietrangelo also won a Cup in St. Louis.