Nate Schmidt Awarded a Two-year Deal in Arbitration with the Golden Knights

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After being selected by the Vegas Golden Knights in the 2017 Expansion Draft, selected by the Vegas Golden Knights in the 2017 Expansion Draft, defenseman Nate Schmidt was in need of a new contract as a pending restricted free agent. After negotiations proved unsuccessful in getting a new deal done, the Golden Knights and Schmidt were forced to go to arbitration, where Schmidt was awarded a new two-year deal.

Per Sportsnet’s Elliotte Friedman, Schmidt was awarded a two-year, $4.45 million deal, which will pay him $2.15 million this season and $2.3 million next season, with an average annual value of $2.25 million . Prior to arbitration, the Golden Knights were seeking a two-year contract with a total value of $1.95 million, while Schmidt was seeking a one-year, $2.75 million deal. With the two-year contract, the 26-year old is now eligible for unrestricted free agency in July 2019.

One of many defensemen selected by Vegas in the Expansion Draft, Schmidt is one of the more offensive-minded of the group, as he recorded 17 points (three goals, 14 assists) in 60 games played. In the Stanley Cup Playoffs, Schmidt played in 11 games, scoring once and adding three assists while averaging 16:39 minutes of ice time a game. Schmidt’s new contract is the first settled by an arbitration hearing in two years.

The Golden Knights now have 48 hours to accept the ruling or walk away, which would make Schmidt an unrestricted free agent.

UPDATE: 9:45PM

By Michael Fleetwood

About Michael Fleetwood

I was born into a family of Caps fans and have been watching games as long as I can remember. I was born the year the Capitals went to their first and only Stanley Cup Final, I am a diehard Caps fan and the owner of the very FIRST Joe Beninati jersey and since then, I have met Joe himself. My favorite player became Nate Schmidt after I met him in a Hershey hotel while in Hershey PA to see the Bears play, shortly after Schmidt was injured during a conditioning stint. I am also a fan of the Pittsburgh Steelers and Baltimore Orioles (Photo by Adam Vingana in 2014 at the Capitals Development Camp)
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2 Responses to Nate Schmidt Awarded a Two-year Deal in Arbitration with the Golden Knights

  1. Jon Sorensen says:

    Schmidt was asking for $2.75 mill per. I’d say he won this case.

    Like

  2. The good thing about this is it decreases the chances of him going to an Eastern Conference team for the next two years.

    Like

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