Story Summary
Mark Stone signed a two-year, $18 million contract with the Vegas Golden Knights that begins next season. The deal carries an average annual value of $9 million. Stone, 34, was in the final season of an eight-year, $76 million contract ($9.5 million AAV) he signed in March 2019 and otherwise could have become an unrestricted free agent. Last season he produced 73 points (28 goals, 45 assists) in 60 regular-season games and added 12 points (seven goals, five assists) in 17 Stanley Cup Playoff games as Vegas reached the Final. Stone has a decorated Golden Knights tenure: acquired in a trade with the Ottawa Senators on Feb. 25, 2019, named the franchise’s first captain on Jan. 13, 2021, and remembered for a hat trick in the Cup-clinching 9-3 victory over Florida that secured the club’s first championship.
Key Facts
- Mark Stone signed a two-year, $18 million contract with the Vegas Golden Knights.
- The contract has an average annual value (AAV) of $9 million and begins next season.
- Stone is 34 years old and was in the final season of an eight-year, $76 million contract with a $9.5 million AAV signed March 8, 2019.
- Had he not re-signed, Stone could have become an unrestricted free agent after the season.
- Last regular season Stone had 73 points (28 goals, 45 assists) in 60 games, third on the Golden Knights in points.
- In the Stanley Cup Playoffs last season Stone recorded 12 points (seven goals, five assists) in 17 games as Vegas reached the Final.
- Stone missed 16 games last season from Oct. 20-Nov. 24 with a wrist injury, missed a 6-4 win at the Los Angeles Kings on Feb. 25, was sidelined five games from March 3-10 with a lower-body injury, and missed Games 4-6 of the Western Conference Second Round and Games 1 and 2 of the Western Conference Final because of an undisclosed injury, returning for Game 3 of the conference final.
- Stone was acquired from the Ottawa Senators in a trade on Feb. 25, 2019.
- He was named the Golden Knights’ first captain on Jan. 13, 2021.
- Stone became the first player in the NHL modern era (since 1943-44) to help a team win the Stanley Cup for the first time as its first captain when he scored a hat trick in the Cup-clinching 9-3 victory against the Florida Panthers in Game 5 of the Final.
- Stone’s 84 points (43 goals, 41 assists) in 102 playoff games are the most in Golden Knights playoff history since the franchise began play in 2017-18.
IHM Discussion
The Golden Knights have opted to keep Mark Stone in uniform beyond the season in which he would otherwise have been eligible for unrestricted free agency. The two-year term and $9 million AAV provide short- to medium-term control of a player who remains a top contributor when healthy. Stone’s regular-season production – 73 points in 60 games – and his 12 playoff points during a run to the Stanley Cup Final make him both an on-ice contributor and an experienced postseason performer for a club that expects to remain competitive. The contract reduces his AAV from $9.5 million to $9 million compared with the remaining figure on his previous eight-year deal, while preserving him as the team’s established leader: he remains the Golden Knights’ first captain and the player most associated with the franchise’s early playoff history, including his hat trick in the Cup-clinching 9-3 game.
Why It Matters
For Vegas, re-signing Stone secures a core veteran who produced throughout the regular season and playoffs. His 73 regular-season points were third on the team last season, while his 84 playoff points lead the franchise. The deal also maintains continuity in the dressing room: Stone has been captain since January 2021 and helped deliver the club’s first Stanley Cup. For Stone, the two-year commitment keeps him in Vegas rather than allowing him to reach unrestricted free agency after this season.
IHM Market Outlook
The new contract carries a lower annual value than Stone’s previous deal: his prior contract had a $9.5 million AAV, compared with $9 million on the new agreement. The two-year term keeps a leading veteran under contract while limiting the club’s longer-term commitment. Vegas will begin the regular season under first-year coach Ryan Craig, opening at home against the Chicago Blackhawks on Sept. 29.
Mini Q&A
How long is Mark Stone’s new contract and what is its value?
Stone signed a two-year contract worth $18 million, with an average annual value of $9 million.
Could Stone have become an unrestricted free agent if he had not re-signed?
Yes. Stone was in the final season of an eight-year, $76 million contract and could have become an unrestricted free agent after this season.
What were Stone’s offensive totals last season?
Stone scored 73 points in 60 regular-season games, with 28 goals and 45 assists; he added 12 points (seven goals, five assists) in 17 playoff games.
What notable playoff achievement does Stone have with the Golden Knights?
He scored a hat trick in the Cup-clinching 9-3 victory over the Florida Panthers, becoming the first player in the NHL modern era to help a team win the Stanley Cup for the first time as its first captain.
Coach Mark Comment
Stone remains a high-end offensive presence when healthy, as his 73 points in 60 regular-season games and 12 playoff points show. His experience and established leadership give Vegas a reliable reference point as the coaching staff manages its forward group through a new season.
What Comes Next
The contract begins next season. The Golden Knights open the regular season at home against the Chicago Blackhawks on Sept. 29 under first-year coach Ryan Craig.
IHM Final View
Vegas retains its captain and a proven scorer on a two-year deal, while Stone secures his next contract before reaching unrestricted free agency. The agreement preserves an important part of the Golden Knights’ leadership group as they enter their first season under Ryan Craig.