They must take a minimum of 14 forwards, nine defensemen and three goalies from the lists of unprotected players. It will last through Tuesday.
The Vegas Golden Knights and general manager George McPhee are getting ready to assemble the first roster in franchise history.
DON'T SLEEP ON: Vegas controls the trade market and can make some extra picks to flip a goalie or two.
"Vegas has indicated that they will give all 30 clubs every opportunity to keep their rosters intact if they'd like".
"The issue for us isn't going to be 'Can we fill out the roster, '"McPhee said".
Theres also nothing barring Vegas from making deals to select a player and trade him to another team. In other words, McPhee is happy to accept a collection of draft picks, prospects and other assets in exchange for not selecting certain players.
Jason Demers (Florida) - Demers was one of the more sought-after defensemen last summer and signed to a five-year, $22.5 Million with Florida, but with the managerial shift back to Dale Tallon, the Panthers chose to protect youngsters Mark Pysyk and Alex Petrovic instead of the 29-year-old right-handed defenseman.
It is believed that Vegas already has consideration deals arranged with Anaheim (to lay off Sami Vatanen and Josh Manson), with Columbus (to lay off Joonas Korpisalo, Josh Anderson and Jack Johnson), with the New York Islanders (to lay off Josh Bailey, Brock Nelson, Ryan Strome and/or Calvin DeHaan) and Chicago (to take on Marcus Kruger).
If one of those players ends up signing with the Golden Knights, he'll count as Vegas' selection from that team. Luongo is a good starting point should they decide to go in that direction.
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The Golden Knights already have the No. 6 overall pick in the 2017 NHL Entry Draft, which begins on Friday.
That means over the next 48 hours, players that have not been shielded are available to other National Hockey League club for the right price, with Vegas serving as the middleman.
The most fun Ive ever had in hockey, McPhee said in a video posted of him driving to the teams headquarters on Sunday.
"I'm really pleased with what's available", McPhee told reporters in Las Vegas on Sunday.
Among those left unprotected are David Perron, Dmitrij Jaskin, Kyle Brodziak, Magnus Paajarvi, Jori Lehtera, defenseman Carl Gunnarsson, and goaltender Carter Hutton. "I'm really interested to see how much movement that there's going to be".
Some players left unprotected, such as Ottawa forward Bobby Ryan, carry hefty contracts, which Vegas might shy away from so not to restrict the team's payroll structure under the salary cap. Those selections will be announced Wednesday night during the NHL Awards show in Last Vegas. "We can put a good team on the ice and accumulate draft picks and be in a surplus situation here in the next couple of years so that we can start with a real good team and then build it with these draft picks to a team that can win a Cup".
Regarding the player that sparked some internal debate on Monday morning - the guy who could either be in the starting lineup for the Golden Knights in October or traded away for assets - McPhee said they've ultimately made a decision to select him and keep him.
Forward Robby Fabbri and defenseman Colton Parayko have only two years of professional experience and thus were exempt from the draft, meaning they did not need to be protected.