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Golden Knights Hoping To Re-Sign Jonathan Marchessault

June 1, 2024 by Pro Hockey Rumors

The Vegas Golden Knights could find a way to re-sign hallmark winger Jonathan Marchessault, per David Pagnotta of The Fourth Period a recent NHL Now segment (Twitter link). Pagnotta shared that both sides have mutual interest in signing a new deal, though Vegas’ slim cap space has kept the team from engaging in any contract talks just yet. Marchessault spoke about these negotiations at the World Series of Poker, telling the Las Vegas Review, “They said they were interested to definitely re-sign me and we’ll see. Technically they have time until June 30, so we’ll see how it goes.”

Marchessault recently concluded a six-year, $30MM contract signed with Vegas in January of 2018. He earned the deal in the midst of a breakout season with the inagural Golden Knights, scoring 27 goals and 75 points in 77 games. The new extension marked Marchessault’s first time earning a salary north of $1.0MM and he’s only become more valuable, posting 165 goals and 342 points across the 437 games he played over the course of the deal. That includes Marchessault’s career-high 42 goals this season, making him just the second Golden Knight to hit the 40-goal mark alongside William Karlsson’s breakout 2017-18 campaign.

Marchessault has managed the strong scoring while serving a stout role on Vegas’ second line – averaging roughly 17 minutes of ice time in six of his last seven seasons. His modest spot in the lineup has been supplemented by a commanding role on the team’s powerplay, with no other Golden Knight playing more power-play minutes than Marchessault since 2018. And he’s vindicated the minutes, scoring 36 power-play goals and 87 points in a collective 1121 minutes.

Marchessault’s ability to offer consistent goal-scoring from the second line has been a big factor in Vegas’ recent lineup creativity. He’s fully carved out his role in Vegas and will be hard to replace should he enter free agency. But that could be the ultimate outcome, as the Golden Knights currently boast just $897.5K in cap space. They could look into trimming their cap hit on the trade market or through LTIR relief, per Pagnotta, though they’ll likely need to make a series of to afford Marchessault’s next deal.

The same factors that’s led Vegas to their cap constraints are likely also what’s kept them from engaging Marchessault in talks of an extension up to this point. The veteran winger told the Las Vegas Review that he expressed interest to Vegas about signing an extension last summer – sharing, “I asked last summer. I was like, ‘You know what? I would rather do it in the summer before the season.’ And they said they’re not ready to do that…” 

The Golden Knights instead spent the season getting as close to the salary cap as they could, even using lucrative trading to acquire Noah Hanifin’s contract at just 25 percent of its original cap hit and even getting the San Jose Sharks to retain 17 percent of Tomas Hertl’s cap hit. Timely LTIR relief helped them make the moves without exceeding the salary cap, though Vegas is now paying for the antics with a stressful summer ahead. Pagnotta added that pending free agents William Carrier, Michael Amadio, and Anthony Mantha are each expected to leave the Golden Knights for free agency.

Carrier is notably an original Golden Knight, with the Buffalo Sabres sending Vegas a sixth-round draft pick to ensure they’d select him in the 2017 Expansion Draft. He’s since played in 372 games across seven seasons with Vegas – totaling 53 goals, 99 points, and 183 penalty minutes while averaging just 10:32 in ice time.

Losing the trio of Carrier, Amadio, and Mantha will leave notable holes in the Golden Knights’ bottom-six. With such little money to go around – especially if they re-sign Marchessault – the Golden Knights are likely hoping those holes can be filled by top young players like Pavel Dorofeyev, Brendan Brisson, and Grigori Denisenko.

Filed Under: Golden Knights

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