The Vegas Golden Knights have signed defenseman Jeremy Davies to a two-year, $2.3MM contract per PuckPedia . The deal is a rare two-way contract that pays north of $1MM at the NHL level. To be exact, Davies will receive $1.15MM in salary at the NHL level and $425K at the AHL level.

PuckPedia explained that Davies’ contract will put Vegas within $24K of the maximum cap relief they could receive by putting Alex Pietrangelo on season-opening injured reserve. Pietrangelo will miss the bulk of the regular season, but hasn’t yet ruled out a late-season return. With recent changes to LTIR usage, Vegas would need to be cap compliant to ice Pietrangelo in a regular or post season game.

With near maximum LTIR relief in place, the Golden Knights are expected to waive Davies when the season k

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