1:17 p.m.: Vegas has confirmed the Olofsson signing.
12:20 p.m.: The Golden Knights are expected to add some depth scoring in the form of UFA winger Victor Olofsson, PuckPedia reports. It’ll be a one-year deal worth $1.075MM, per David Pagnotta of The Fourth Period.
With the signing, the 28-year-old Olofsson leaves the only NHL home he’s ever known. A seventh-round pick of the Sabres, Olofsson ended up giving Buffalo great value for such a late-round selection. While a well-documented one-dimensional talent, he’s a three-time 20-goal scorer and is two years removed from a career-best 49 points in 72 games with the Sabres.
2023-24 was an extremely trying campaign for Olofsson, though, and it was clear he wouldn’t be brought back. After a difficult start to the season, he requested a trade prior to the deadline, although GM Kevyn Adams couldn’t find a deal. Now, he had a bit more agency in finding his next team on the open market.
Last year was inarguably Olofsson’s worst since breaking into the league in 2019. He was a frequent healthy scratch and was rendered largely ineffective when in the lineup, limited to seven goals and 15 points in 51 games in solely fourth-line minutes (11:34 per game). And without his goal-scoring, there isn’t much to like about his game. Looking at traditional plus-minus ratings to develop an informed opinion about a player’s defensive acumen isn’t always the best idea, but his career -63 rating in 314 games is telling. He’s also never had an xGF% above 50 at even strength in his five full NHL seasons and has struggled to control shot attempts, particularly over the past two seasons.
However, it’s a no-risk signing for Vegas at a one-year term with a cap hit that’s fully buriable in the minors. They’ll need a group effort to shoulder the loss of forwards Michael Amadio, Jonathan Marchessault and Chandler Stephenson, who all headed elsewhere when the UFA market opened yesterday.
Marchessault’s 40-plus goals last season will be especially difficult to replace, but a full season of deadline add Tomáš Hertl will take a lot of that burden away from Vegas’ young players and depth additions like Olofsson. He joins a group of secondary scorers that includes Golden Knights draft picks Brendan Brisson and Pavel Dorofeyev, as well as Devils 2020 top-10 selection Alexander Holtz, who was acquired via trade over the weekend and will be relied upon to help replace the aforementioned trio’s offense by committee.