Shea Theodore remains unsigned with Golden Knights

Updated August 25, 2018 - 11:26 pm

The shiny, new contracts handed out to the Golden Knights’ free agents this summer brought back memories of the famous Oprah car giveaway.

William Karlsson got a contract. Colin Miller got a contract. William Carrier, Tomas Nosek and Ryan Reaves got contracts. Everybody gets a contract!

OK, not everybody.

Restricted free agent Shea Theodore remains unsigned less than three weeks from the start of training camp on Sept. 13, and the situation is inching toward the danger zone for a possible holdout by the 23-year-old defenseman.

“We’ll hopefully have Shea under contract soon, and we’ll see how that goes over the next few weeks,” general manager George McPhee said Aug. 8 in an interview on Fox 1340 AM. “He’s in a unique position in that he doesn’t have arbitration rights. … So, this might be a little bit different. It might take a little longer, but it’s something that certainly he would like to have done and we’d like to have done.”

Since McPhee made those comments, not much has changed.

It’s unclear if the two sides are far apart on salary or whether the stalemate centers on Theodore’s desire for a long-term deal similar to the one defenseman Brady Skjei received from the New York Rangers this summer (six years, $31.5 million) or defenseman Damon Severson signed with New Jersey in September (six years, $25 million).

Theodore’s agent, Craig Oster, did not return multiple messages Thursday and Friday.

McPhee, who is currently in Russia, declined to comment through a team spokesperson Friday.

Theodore posted six goals and 29 points in 61 games and was second on the Knights in average ice time (20:21). Severson, by comparison, had 31 points and was third on the Devils in ice time (20:21) in 2016-17, the final year of his entry-level deal before signing his lengthy extension.

Should Theodore develop into a top-pairing defenseman, he would be a bargain during the back end of a long-term contract.

But the smaller sample size — Severson played 203 games during his entry-level contract, while Theodore made 114 appearances for the Knights and Anaheim — could lead the Knights to opt for a shorter “bridge” contract.

The Ducks signed restricted free-agent defenseman Brandon Montour to a two-year, $6.775 million “bridge” contract this summer, and that deal could offer a glimpse into Theodore’s eventual tax bracket.

Montour followed a similar career arc to Theodore and had comparable numbers (32 points in 80 games, 20:28 average ice time) in the final year of his entry-level contract.

Restricted free agents Noah Hanifin (Calgary), Joshua Morrissey (Winnipeg) and Darnell Nurse (Edmonton) are unsigned, and their contracts could influence Theodore’s asking price, too.

Those three defensemen are expected to fall in the $3 million to $4 million annual salary range but could command in the neighborhood of $5 million per season on a long-term deal.

Theodore was extended a one-year qualifying offer from the Knights in June, and the minimum salary he could be offered was $874,125. He made $832,500 in the final year of his entry-level deal.

Theodore will have arbitration rights as a restricted free agent the next three seasons and is eligible to become an unrestricted free agent in 2022.

Unsigned players cannot participate in training camp, and it’s not uncommon for players to miss the start of the regular season while negotiating a new contract.

Last season, left wing Andreas Athanasiou held out until mid-October before he signed with the Red Wings. Columbus right wing Josh Anderson signed three days before the Blue Jackets’ opener.

There were multiple holdouts in 2016, including Winnipeg defenseman Jacob Trouba, who didn’t sign until November of that season.

The deadline for Theodore to sign is Dec. 1 or he will be ineligible to play in the NHL this season.

More Golden Knights: Follow all of our Golden Knights coverage online at reviewjournal.com/GoldenKnights and @HockeyinVegas on Twitter.

Contact David Schoen at dschoen@reviewjournal.com or 702-387-5203. Follow @DavidSchoenLVRJ on Twitter.

ad-high_impact_4
Golden Knights Videos
Golden Edge Knights Singing The Blues After Loss To St. Louis
Golden Knights beat reporter David Schoen and Adam Hill go over the Knights loss to the St. Louis Blues.
Golden Knights Gallant on the team's 4-1 loss to the Blues
Vegas Golden Knights head coach Gerard Gallant discusses the team's 4-1 loss to the St. Louis Blues and says what kind of impact he expects Nate Schmidt to make upon his return.
Coach Gerard Gallant Speaks After Morning Skate
Before playing the St. Louis Blues tonight Gerard Gallant speaks with the media after the Golden Knights morning skate at City National Arena | November 16, 2018.
Coach Gallant Speaks with the Media After Practice
City National Arena | November 15, 2018.
Golden Edge: Fleury Shuts Out Anaheim
Vegas Golden Knights beat the Anaheim Ducks 5-0. Marc-Andre Fleury gets his third shutout on the season in his shiny new pads. Adam Hill, Dave Schoen, and Ben Gotz report from T-Mobile Arena.
Gallant on the Golden Knights win over the Ducks
Gerard Gallant discusses how key the home victory over the Anaheim Ducks was for the Vegas Golden Knights.
Golden Knights after their 5-0 win over the Anaheim Ducks
Vegas Golden Knights players talk about the 5-0 win on their home ice over the Anaheim Ducks.
Gerard Gallant On Haula And Stastny Status
Golden Knights head coach Gerard Gallants speaks after practice about the status of Erik Haula and Paul Stastny.
Golden Edge: Alex Tuch Interview
Adam Hill and Ben Gotz interview Golden Knights forward Alex Tuch.
Golden Edge Mailbag With Alex Tuch
Golden Knights' Alex Tuch is LIVE in-studio for our VGK Mailbag with reporters Ben Gotz and Adam Hill!
Golden Edge: November 12 Practice
Ben Gotz and David Schoen discuss Nate Schmidt's return to practice, Gallant's absence, and Erik Haula's injury.
Nate Schmidt On Suspension
Golden Knights Defenseman Nate Schmidt talks about his suspension.
Golden Edge: Knights Coming Home After Loss To Boston
Golden Knights beat writer David Schoen goes over the Knights loss to the Boston Bruins.
Golden Edge: Pacioretty makes his return to Montreal
Max Pacioretty makes his return to Montreal, but it is former Golden Knight Tomas Tatar who scores the game winner for the Canadiens defeating the Knights 5-4. David Schoen reports from Montreal.
Golden Edge: Knights Beat Senators On The Road
Golden Knights beat reporter David Schoen goes over the Golden Knights win against the Senators.
Knights defenseman Nate Schmidt discusses his suspension
Golden Knights defenseman Nate Schmidt discusses his suspension after practice in Ottawa (Las Vegas Review-Journal)
Gallant on Toronto loss
Gallant on Pacioretty
Gallant on how season has gone
Pacioretty on possible return
Golden Edge: Knights Shutout the Hurricanes
The Golden Knights defeat Carolina 3-0, with Marc-Andre Fleury marking his 50th career shutout. Adam Hill and Ed Graney report from T-Mobile Arena.
Marc-Andre Fleury and William Carrier on the Knights Win Over Carolina
November 3, 2018 at T-Mobile Arena.
Coach Gallant Presser
Gerard Gallant speaks after the Knights defeat Carolina 3-0 at T-Mobile Arena November 3, 2018.
Golden Edge: Knights Feeling Blue After Loss In St. Louis
Golden Knights beat reporter David Schoen goes over the Knights 5-3 loss to the St. Louis Blues.
Gallant and Marchessault on Perron
Coach Gerard Gallant and Golden Knights Jonathan Marchessault comment on former Knights player David Perron (Dave Schoen/Las Vegas Review-Journal)
Coach Gerard Gallant on former Knights player David Perron
Coach Gerard Gallant on former Knights player David Perron (Dave Schoen/Las Vegas Review-Journal)
Marchessault on Perron
Gallant on consistency after a loss to the Nashville Predators
Coach Gerard Gallant says the Golden Knights are playing well in stretches, but consistency has been a problem. (David Schoen/Las Vegas Review-Journal)
Fleury on commercial
Marc-Andre Fleury talks about a commercial that features him in disguise as Sidney Crosby of the Pittsburgh Penguins.
Fleury on wig
Marc-Andre Fleury puts on a blond wig at the end of practice to get some laughs.
Golden Edge: Knights Fall To Predators
Golden Knights beat reporter David Schoen goes over the Knights 4-1 loss to the Nashville Predators.
Golden Edge Mailbag - October 30, 2018
Adam Hill and Ben Gotz answer your burning questions about the Golden Knights.
Golden Edge: Marchessault Hits Penalty Shot in OT
The Golden Knights defeat the Ottawa Senators 4-3 in overtime. Ben Gotz, Adam Hill, and David Schoen report from T-Mobile Arena.
Gallant says team's tenacity led to OT win over the Senators
Vegas Golden Knights head coach Gerard Gallant discusses the Golden Knights win over the Ottawa Senators in overtime and how Ryan Reaves and Alex Tuch's contributions helped.
Golden Knights talk OT win, ready for road games
The Vegas Golden Knights talk about winning in overtime against the Ottawa Senators and how they will carry over that momentum on their upcoming road games.
Golden Edge: Knights Fall To Tampa, Pacioretty Exits Game
Adam Hill, Ben Gotz and David Schoen go over the Knights loss to the Tampa Bay Lightning.
Golden Knights locker room post following loss to Lightning
The Vegas Golden Knights agreed following their loss to the Tampa Bay Lightning that they need to play more aggressive and be more consistent throughout the game to come out victorious.
VGS themed games from AGS at G2E Global Gaming Expo
A Golden Knights-themed slot machine was on display Tuesday at the G2E Global Gaming Expo as AGS showed two products that came out of a 3-year contract with the Knights. A video roulette game featuring a Knights helmet and an enormous slot machine were on the floor along with Knights cheerleaders, the Drumbots and Chance, the Knights' mascot. (Mat Luschek/Las Vegas Review-Journal)
Golden Knights talk after practice
Marc-Andre Fleury, Max Pacioretty and Cody Eakin in the locker room on Wed. October 3, 2018.
Vegas Golden Knights show support at blood drive
Members of the Vegas Golden Knights NHL team showed up for a community blood drive on the first anniversary of the Las Vegas shooting, Oct. 1, 2018. (Mat Luschek/Las Vegas Review-Journal)
Nevada Task Force One Cheers Golden Knights
Nevada Task Force One Cheers Golden Knights
Lucas Elvenes is ranked as one of the Golden Knights' top prospects
Lucas Elvenes is ranked as one of the Golden Knights' top prospects after a breakout season in Sweden. He slid to the fifth round in the 2017 draft after being projected to be selected much higher. “I wasn’t happy about being a fifth-rounder. But it was good for me, too, because I didn’t have so much pressure when I came here," Elvenes said. Elvenes posted five goals and 16 points in 28 games while playing in the top league in Sweden. The Knights signed Elvenes to a three-year, entry-level contract in June.
Golden Knights rookie camp - Day 2
The Golden Knights held their second day of rookie camp at City Arena in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like