What happened: The agreement was finalized Oct. 1 as Vegas opens the 2025-26 season. It carries a $6.75 million average annual value across the two-year term.

Why it matters: Karlsson has said he wants to finish his career in Vegas. Keeping him in place stabilizes the center position for the upcoming 2025-26 campaign.

What to watch: Watch for the club to confirm roster and cap details. Vegas continues preparations following its opening win.