REPORT | Vegas have placed three-time Stanley Cup champion on the trade block

Earlier this summer, General Manager Kelly McCrimmon traded forward Reilly Smith and his $5 million cap hit to the Pittsburgh Penguins, which then allowed them to clear some space to re-sign Russian forward Ivan Barbashev.

According to Jesse Granger of The Athletic, veteran defenceman Alec Martinez could be the next player on the way out of Vegas as the team tries to get cap compliant by October.

Martinez, 36, appeared in 77 games for the Golden Knights during the regular season last year where he had 14 points (three goals, 11 assists), 29 penalty minutes and was a plus-30. He went on to add seven points in 22 playoff games, helping Vegas win their first Stanley Cup in franchise history and the third of his career.

The Rochester Hills, Michigan native has one year remaining on his contract with a cap hit of $5.25 million. He's set to become an unrestricted free agent in 2024.