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Theodore ends holdout, agrees to 7-year deal with Golden Knights

Theodore ends holdout, agrees to 7-year deal with Golden Knights
Posted at 3:31 PM, Sep 25, 2018
and last updated 2018-09-25 18:31:27-04

Defenseman Shea Theodore ended his holdout Monday night, agreeing to a seven-year contract with the Vegas Golden Knights.

Theodore's deal runs through the 2024-25 season and has an average annual value of $5.2 million.

Vegas general manager George McPhee said the main issue between the team and Theodore's camp was the Golden Knights were asking him to sign long-term, while the fourth-year pro was looking for a two-year deal. McPhee also said the long-term deal was about managing the salary cap properly, and leaving enough space over the next few years, giving the Golden Knights a better chance to continue as a Western Conference contender.

Theodore had 29 points (6 goals, 23 assists) in 61 games during the 2017-18 regular season. The 23-year-old appeared in all 20 games of the Stanley Cup Playoffs, including the Stanley Cup Final, recording 10 points (3 goals and 7 assists).

The Golden Knights lost their first preseason game against the Colorado Avalanche Monday night.