Golden Knights general manager George McPhee scratched one item off his lengthy to-do list Wednesday by extending defenseman Nate Schmidt but he now has less money to get everything else done.
Schmidt’s six-year, $35.7 million deal was the third extension the Knights have handed out in the last month, along with ones to forward Alex Tuch and defenseman Shea Theodore. The three deals, plus extensions for forward Max Pacioretty and goaltender Marc-Andre Fleury this offseason, added a lot of money to the Knights’ books next season but McPhee isn’t worried about the team’s salary cap situation.
“We have flexibility, and the cap is going to go up every year and we’re going to be fine,” McPhee said Wednesday.