The Golden Knights have agreed to terms on a one-year contract with winger Brandon Saad after he officially clears unconditional waivers and became a UFA at 1:00 pm CT, per a team announcement. It’s worth a prorated $1.5MM for the remainder of the season, Elliotte Friedman of Sportsnet reports.
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.