Noah Hanifin has signed a new contract with the Vegas Golden Knights.

Thought he may sign in Boston...not surprised in the slightest Vegas was able to get it done. The rich get richer!!

...

Finally can put all the "Hanifin signs in TB" allegations to rest

This is REALLY good for Vegas IMO. Hanifin is a legit top pairing defender, and getting him at less than 7.5m is ridiculous. Complete steal

This contract is a pretty good example on how tax advantage is much smaller than most people think given his offer in CGY was for 7.5. Like yeah it totally exists but it isnt really anything to get antsy about and claim it to be a massive factor. 0.15M is roughly the gap.

Anyway, this contract seems in line with my expectations so I think it's fine. NH is a low end 1st pair D and he's being paid as such

people voting no because they are salty vegas gets hanifin for eight years LOL (dont worry i am too)

absolute W and a steal from vegas tho

That's sadly a W by Vegas.

This doesn't make sense. The tax advantage is substantial and much more than $150k.

The difference for Hanifin each year making $7.35M in Vegas vs. Calgary is $640k take home:

Vegas (taxed at 38.9% from https://www.talent.com/tax-calculator?salary=7350000&from=year&region=Nevada): $7.35M -> $4.49M take home
Calgary (taxed at 47.6% from https://ca.talent.com/tax-calculator?salary=7350000&from=year&region=Alberta): $7.35M -> $3.85M take home

If Hanafin stays all 8 years in Vegas, the total take home difference between signing in Vegas vs. Calgary is $5.12M. This would mean Hanafin would have to play over 9 years in Calgary to take home the same earnings as he does in 8 years in Vegas.

You're forgetting the tax tricks to lower the burden. Americans in Canada pay like 20%

The Martinez replacement is now set

So I guess VGK is saying goodbye to Mantha, Marchessault and Stephenson next year?

Definitely a steal for Vegas!

Very good deal the first half, a little iffy the second half but still ends when he's 35 . . . on balance, a very good move for Vegas.

I guess the big signing bonus is so that he can buy himself a nice house over the summer . . .

Mantha and Stephenson yes

Marchessault no

Got a feeling they gonna move out someone's like Whitecloud to make it work. Also have Lehners LTIR money to work with

In a vacuum, this is a good signing. HOWEVER, Vegas has almost no cap space left for next year and they need to sign at least two more players. Something is going to have to give. Either they buyout someone, pay to give away a contract, or they are left with a 20-man roster and every injury leaves them shorthanded.

Good signing though I have no idea what Vegas will do to be cap compliant next year

Not really as they have prospects who can fill in spots

Really all they need to do is extend Dorofeyev and Korczak and neither will get a big extension

Just have to trade Whitecloud and they have a 21 man team

Getting a 1P Dman for that price is great for the Knights. Not sure how it will look at the end of the deal but I don’t think Vegas cares about that.

They've got some decisions to make though

Mark Stone’s back will give

The contract is objectively fair value but is going to age very poorly as soon as next year. Sephenson is gone, Martinez is gone, Marchessault, Mantha is gone. What happens if Lehner is cleared to play?

I think they'll be fine, but what if Eichel, Hertl, and Stone struggle with more injuries as they all have throughout their career? Not to mention Karlsson is 31, McNabb is 33 and Petro is 34 already.

This is literally what happened with the Sharks in 19-20. They let Pavelski, Donskoi, Nyquist walk so they could get Kane and Karlsson signed, then Karlsson, Hertl, and Couture were out with injuries for a huge portion of that year and they were 3rd worst in the league.

It's possible that Vegas extends Mantha short-to-medium term instead of Marchessault. They like cycling their stars a bit in order to give them solid team depth.

Will Hronek make more or less than this when he signs?

“Will only sign in Boston”