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NHL News

NHL News: Shea Theodore Signs a Seven-Year Contract Extension

Mark Easson 10/25/2024
2 Min Read
The Vegas Golden Knights have signed defenseman Shea Theodore to a seven-year contract extension with a $7.425 million salary cap hit.
Oct 11, 2024; Las Vegas, Nevada, USA; Vegas Golden Knights defenseman Shea Theodore (27) is named First Star of the Game after the Golden Knights defeated the St. Louis Blues 4-3 at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-Imagn Images
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The Vegas Golden Knights have signed defenseman Shea Theodore to a seven-year contract extension with a $7.425 million salary cap hit.

Puck Pedia: Salary breakdown for Theodore’s deal

2025-26: $1M Salary & $8.5M Signing Bonus
2026-27: 1M & 8.5M SB
2027-28: $1M & 7.6M SB
2028-29: $1M & 6.275M SB
2029-30: $5.7 million
2030-31: $5.7 million
2031-32: $5.7M million

There is a no-trade clause for the first five years and a 15-team no-trade clause for the final two years.

SinBin.vegas: “This makes Theodore the 2nd highest-paid defenseman on VGK behind Alex Pietrangelo ($8.8m), slightly in front of Noah Hanifin ($7.35m). VGK will now have $23.575 million locked into the top three defensemen, roughly 25.6% of next season’s salary cap.”

Theodore’s microstats tell the story of a player who’s very gifted with the puck, no surprise to anyone who’s watched him. There’s a bit of smoke suggesting his defence might not be as bad as xG makes it seem, but that’s obviously murky territory. pic.twitter.com/ns1StnwfP8

— JFresh (@JFreshHockey) October 24, 2024

SEVEN. MORE. YEARS!!!!! #VegasBorn pic.twitter.com/FUnnpx1hRK

— Vegas Golden Knights (@GoldenKnights) October 24, 2024

NHL Rumors: Scouting the Maple Leafs, Team Canada 4 Nations, and Tyler Johnson

Shea Theodore signed a hefty deal with Vegas; he’s currently playing at a #2D–#3D calibre after many years of considerably stronger. If he continues to decline as he has recently the deal will be pretty player-friendly pretty soon. pic.twitter.com/Y7P4mu0TAA

— Micah Blake McCurdy (@IneffectiveMath) October 24, 2024

Theodore probably leaves a little on the table to stay in #VGK, even when considering the no income tax factor but pretty good deal for both sides here. pic.twitter.com/BV8IBG5R3X

— AFP Analytics (@AFPAnalytics) October 24, 2024

NHL Injuries: Avalanche, Canadiens, Devils, Blues, Kraken, Leafs, Utah, and the Canucks

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TAGGED:Shea TheodoreVegas Golden Knights

Offer Sheet Compensation

<$1.54M no comp
$1.54M – $2.34M: 3rd
$2.34M – $4.68M: 2nd
$4.68M – $7.02M: 1st, 3rd
$7.02M – $9.36M: 1st, 2nd, 3rd
$9.36M – $11.7M: 1st, 1st, 2nd, 3rd
$11.7M+: 1st, 1st, 1st, 1st,

2024-25 Critical Dates

June 1-7: NHL Scouting Combine (Buffalo, NY)
June 23rd: Last possible day for the Stanley Cup Final
June 27th-28th: 2025 NHL Draft
July 1st: Start of free agency

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