Knights do easy work in Karlsson negotiation
Now comes intrigue of securing long deal
The Golden Knights took care of the clerical work Monday, extending a qualifying offer to restricted free-agent center William Karlsson.
With that task completed, the issue at hand is whether the Knights can sign their leading scorer to a long-term contract.
Karlsson’s agent, Michael Deutsch, confirmed to the Review-journal the team’s offer. Qualifying offers are one-year deals, and the minimum the Knights could offer Karlsson was 105 percent of his $1 million salary from last season, $1.05 million.
Deutsch declined to comment on the details or value of the Knights’ offer to Karlsson. Per team policy, the Knights do not release the names of players extended qualifying offers.
The deadline for teams to make qualifying offers to restricted free agents was Monday.
By making an offer to Karlsson, the Knights retain negotiating rights to the 25-year-old from Sweden.
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Had the team not done so, Karlsson would have become an unrestricted free agent, making Monday’s move a mere formality in many ways.
Karlsson, who is coming off a 43-goal season, is not expected to sign the qualifying offer. He would be leaving millions of dollars on the table by doing so.
The likelier scenario is that Karlsson waits for a long-term contract offer from the Knights or files for arbitration by the July 5 deadline.
In the latter option, the Knights would then select a one- or two-year deal for Karlsson, and after both sides presented their case, an arbitrator would determine the salary.
Players often file for arbitration but agree to terms before their case is heard. In 2017, 30 players filed, and only Knights defenseman Nate Schmidt’s case made it to a hearing. It was the first contract awarded in arbitration since 2015.
Karlsson can also decline arbitration and continue negotiating, effectively making it a holdout. He indicated at the NHL Awards Show that he wants to remain in Las
Vegas and is in a unique bargaining position following his career season.
Before joining the Knights, Karlsson produced 18 goals in 183 career NHL games with Anaheim and Columbus. But he was third in the league in goals this past season and finished in the top 10 of the voting for the Hart Trophy (MVP) and Selke Award (best defensive forward) while winning the Lady Byng Trophy as the most gentlemanly player.
Karlsson is eligible to become an unrestricted free agent in 2020 and as a No. 1 center would command top dollar should he come close to replicating his 78-point outburst over the next two seasons.
For comparison’s sake, San Jose left wing Evander Kane, who has one 30-goal season, inked a seven-year, $49 million extension with the Sharks this spring.
Another possibility is that Karlsson receives an offer sheet from another club beginning late Monday. That would further complicate matters for the Knights.
The Knights would have seven days to match any offer made to Karlsson and would receive compensation in the form of draft picks