Barbashev signs 5-year, $25 million contract to stay with Golden Knights

Ivan Barbashev signed a 5-year, $25 million contract to stay with the Vegas Golden Knights after Reilly Smith was traded to the Pittsburgh Penguins on Wednesday.

It has an average annual value of $5 million.

The 27-year-old forward had 45 points (16 goals, 29 assists) in 82 regular-season games for the Golden Knights and St. Louis Blues this season, including 16 points (six goals, 10 assists) in 23 games after he was acquired in a trade with the Blues on Feb. 26. He had 18 points (seven goals, 11 assists) in 22 Stanley Cup Playoff games and helped Vegas win the Stanley Cup, his second NHL championship after winning with St. Louis in 2019.

Selected by the Blues in the second round (No. 33) of the 2014 NHL Draft, Barbashev has 194 points (84 goals, 110 assists) in 433 regular-season games for the Golden Knights and Blues and 27 points (10 goals, 17 assists) in 72 playoff games.

The signing was announced shortly after Vegas traded Smith to Pittsburgh for a third-round pick in the 2024 NHL Draft. The 32-year-old forward has two years remaining on a three-year contract ($5 million AAV) he signed with Vegas on July 13, 2022, and had 56 points (26 goals, 30 assists) in 78 games and 14 points (four goals, 10 assists) in 22 playoff games.

Smith ranks third in Vegas history in points (286), second in goals (124) and fourth in games (399). He has played all 88 playoff games in team history, along with forwards William Karlsson and Jonathan Marchessault. Acquired in a trade with the Florida Panthers for the Golden Knights selecting Marchessault in the 2017 NHL Expansion Draft, Smith was one of six original members to win the Cup with Vegas this season along with Marchessault, Karlsson and forward William Carrier, and defensemen Shea Theodore and Brayden McNabb.