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Breaking: Golden Knights win the Schuldt​ sweepstakes!

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The Vegas Golden Knights have signed NCAA defenseman Jimmy Schuldt to a one-year, entry-level contract, according to The Athletic's Michael Russo

It sure seemed to be heading that way after TSN's Bob McKenzie reported earlier this morning that Vegas was the frontrunner to get the services of the blue liner. Schuldt was only eligible for a one-year ELC because he turns 24 next month. 

He is ineligible for the NHL playoffs because he signed after Feb. 25, so he will only be eligible to play in the team's two remaining regular season games before becoming a restricted free agent on July 1. He will therefore burn that single year, meaning his contract will be for a matter of days since he's ineligible for the Stanley Cup Playoffs.

Schuldt will then become a restricted free agent, allowing him to ink a non-entry-level NHL deal this offseason.

He has posted 35 points in 39 games during his senior year at St. Cloud State. During his junior year, Schuldt had 38 points in 40 games and was named as a finalist for the Hobey Baker Award as college's top player.