The Vegas Golden Knights dipped into their salary cap savings in negotiating with restricted free agent defenseman Colin Miller and they came up with a 4-year contract extension, reportedly worth $15.5 million in total, a $3.875 million cap hit per year.
Miller was the team's leading scoring defenseman in their inaugural season, picking up 10 goals and 41 points in all 82 games for the club, ranking him 28th among all defensemen in scoring. He was one of the few defensemen that found his way into the rotation of defenders throughout the regular season, managing to play in every regular season game.
The 25-year old also had a strong playoff campaign, picking up 7 points in all 20 games of the run to the Finals, which certainly helped to ramp up his value in his discussions.
The deal looks to be quite the positive, given his rankings, as he could have been making a little bit more, while giving up a couple of years of unrestricted free agency, so it was a strong case by Vegas that kept his cap number down moving forward.
|Paul Stastny||6.500||Colin Miller||3.875||Marc-Andre Fleury||5.750|
|Tomas Tatar||5.300||Brayden McNabb||2.500||Malcolm Subban||0.650|
|David Clarkson||5.250||Nate Schmidt||2.225|
|Jonathan Marchessault||5.000||Nick Holden||2.200|
|Reilly Smith||5.000||Deryk Engelland||1.500|
|Cody Eakin||3.850||Jon Merrill||1.375|
|Ryan Reaves||2.775||Brad Hunt||0.650|
The Golden Knights have been busy tooling their already potent lineup for another run at things next season, despite losing a couple of key veterans to unrestricted free agency. With the Miller deal now done, they can now concentrate on William Karlsson and Shea Theodore, the two pool worthy RFAs left on their list of things to do and they still have about $15.4 million in cap space with the 24 players listed above, not to mention the potential to put David Clarkson's cap hit on LTIR relief, if needed. Things are still looking up in Vegas.