The Vegas Golden Knights have re-signed William Karlsson to a one-year, $5.25 million deal.

Karlsson gets a significant raise from his previous $1 million salary.

"In the arbitration process, it helps to get the deal done," George McPhee said. "The parties get sharper and more focused as the hearing nears. We're happy with this deal and we believe that William is as well. He seems to be happy with it. It was a good compromise."