The Vegas Golden Knights and Shea Theodore have agreed to a 7 year, 36.4 million dollar deal. The contract carries no bonuses or incentives and includes a no trade clause in the final two years. It will come out to 5.2 million AAV for the Knights.
This is a good deal for both sides. It’s good for Theodore obviously because he’s getting $5.2 million a year. That makes him the highest paid in defenseman in Las Vegas, a town where you can do a lot with five million dollars. The seven year contract is also a good sign that the Knights are committed not just to Theodore but to their young core. Theodore is only 23 years. This contract will keep him around until he’s 30 and the no trade clause at the end of the deal makes it clear Vegas believes he will develop into a great player. With three of their eight defensemen becoming unrestricted free agents at the end of the year along term contract for a young defender is great move not only for the right now but for the next several years as well.
These Golden Knights know what they’re doing. They’re locking up their best players while still leaving a lot of room for key free agents moving forward. Even after this contract they still have $4.2 million in cap space which will jump up to $18 million next summer. The front office clearly has a good eye for talent as well. They were the biggest surprise in all of professional sports last year but they shouldn’t be moving forward. With the guys they have and the moves their making, don’t be surprised to see them deep into the postseason for years to come.