Kristen Shilton is a national NHL reporter for ESPN.
SUNRISE, Fla. — The Vegas Golden Knights are one win away from the first Stanley Cup victory in franchise history.
Vegas topped the Florida Panthers 3-2 in Game 4 on Saturday, taking a commanding 3-1 series lead. The Golden Knights have the first of what could be three opportunities to close out the Panthers on Tuesday in Game 5 at home.
“It’s one win away from a lot of dreams, for a lot of guys,” forward Chandler Stephenson, who scored twice for Vegas, said after the win. “It’s different. It’ll be a different game than the other ones. It’s a lot more emotion, a lot more everything. Everyone knows what’s going to be there. [We’ll] just try to play. Lot of emotion. Being at home too, everyone is going to be into it. Emotions will be high, adrenaline [pumping]. All the cliches. Everyone is going to be ready.”
There was, of course, drama along the way to victory Saturday. Vegas held a 3-0 lead over Florida late into the second period, only to have the Panthers claw their way back to within a goal with more than 15 minutes to play.
Then, forward Matthew Tkachuk — who in Game 3 scored a third-period equalizer for Florida in its 3-2 overtime win — was achingly close to doing the same thing in Game 4 if not for a sensational left pad save by Vegas netminder Adin Hill in the final seconds.
That play caused some commotion when frustrations boiled over at the final buzzer and helmets — alongside fists — went flying. The spirited finish was an example of “two teams trying to win,” Golden Knights captain Mark Stone said.
“We didn’t want to lose,” Stephenson said. “We wanted to push as best we could, try to take their fans out of it. Just tried to have a killer instinct.”
The Golden Knights proved they had that in the first period. Vegas controlled the pace early and was rewarded when Stephenson beat Sergei Bobrovsky five-hole on a breakaway, aided by Florida’s ill-timed line change. It was less than two minutes into the game.
That was the Golden Knights’ first five-on-five goal since the third period of Game 2. Vegas’ lone goals in the Game 3 loss came on the power play.
But a vintage Vegas bounce-back effort ensured that Game 4 would be a different story. The Golden Knights are now 5-1 following a loss this postseason.
Stephenson’s second goal came in the second period, a long-range shot for his 10th postseason score. William Karlsson followed shortly after with his first goal of the Final to make it 3-0 before Brandon Montour broke through with his second goal in as many games to cut the Golden Knights’ lead to 3-1.
Florida pounced again in the third with a strike from Aleksander Barkov — his first point of the Final — to bring the Panthers within a goal. That was as close as Florida would come, although the Panthers pressured Hill — who finished with 29 saves — until the end.
Defensively, Vegas threw the kitchen sink at Florida — and wound up with 30 shot blocks on the night — while protecting the slim margin, preventing the Panthers from a repeat of Game 3’s finish.
“We had a couple huge shot blocks, guys just sold out,” Stone said. “We got a big save from Hill at the end. We did a great job of making sure we held the line pretty well, got clears and held [them] to the outside.”
Florida, also looking for its first Stanley Cup, who will try to hold Vegas off from making history on home ice Tuesday. Stakes couldn’t be higher, and the Golden Knights, who lost the Final on home ice in 2018, are relishing the potentially life-changing moments to come.
“You can’t not [think about] the next game,” Hill said. “[Winning a Cup] is the ultimate goal in hockey. So, there’s no way you can shut that off in your mind. You’re thinking about that but at the same time it’s just staying in the moment and focusing on the next play, the next shift.”
For Stone, the key to a Vegas victory will be simply staying the course with what brought the team to this pinnacle in the first place. He wasn’t with the Golden Knights when they reached the Final in their debut season, and hopes the team now won’t move away from its identity in attempting to complete the final task.
“I don’t think I’m going to change much,” Stone said. “We’ve gotten here with a lot of guys buying in and leading the way. We got plenty of guys who have been in this position before with the chance to close out a series.
“I don’t think any of us really want to change anything. We understand the magnitude of the process but we’re going to go home and … play our brand of hockey.”
But beyond the matchups and narratives, it’s also a good time to take stock of which players bring the most value into the postseason.
That’s where goals above replacement (GAR) comes in — my evolved spin on earlier all-in-one value stats like Tom Awad’s goals versus threshold and Hockey-Reference’s point shares. The core idea of GAR is to measure a player’s total impact — in offense, defense or goaltending — above what a generic “replacement-level” player might provide at the same position. It also strives to ensure the league’s value is better balanced by position: 60% of leaguewide GAR is distributed to forwards, 30% to defensemen and 10% to goaltenders.
To then assess who might be most valuable on the eve of this year’s playoffs, I plugged GAR into a system inspired by Bill James’ concept of an “established level” of performance; in this case, a weighted average of each player’s GAR over the past three regular seasons, with more emphasis on 2024-25. And to keep the metric from undervaluing recent risers, we also apply a safeguard: no player’s established level can be lower than 75% of his most recent season’s GAR.
The result is a blend of peak, recent, and sustained performance — the players on playoff-bound teams who have been great, are currently great or are still trending upward — in a format that gives us a sense of who could define this year’s postseason.
One final note: Injured players who were expected to miss all or substantial parts of the playoffs were excluded from the ranking. Sorry, Jack Hughes.
With that in mind, here are the top 50 skaters and goaltenders on teams in the 2025 playoff field, according to their three-year established level of value, ranked by the numbers:
Five series of the 2025 Stanley Cup playoffs have begun, and two more will begin Monday. Meanwhile, the two matchups in the Central Division are on to Game 2.
Here’s the four-pack of games on the calendar:
What are the key storylines heading into Monday’s games? Who are the key players to watch?
You might’ve heard about the 2010 playoff matchup between these two teams a time or so in the past week.
In that postseason, the overwhelming favorite (and No. 1 seed) Capitals, led by Alex Ovechkin, were upset by the No. 8 seed Canadiens, due in large part to an epic performance in goal from Jaroslav Halak. Halak isn’t walking out of the tunnel for the Habs this time around (we assume); instead it’ll be Becancour, Quebec, native Sam Montembeault, who allowed four goals on 35 shots in his one start against the Caps this season.
Washington’s goaltender for Game 1 has yet to be revealed, as Logan Thompson was injured back on April 2. But there’s no question that there is a disparity between the offensive output of the two clubs, as the Caps finished second in the NHL in goals per game (3.49), while the Canadiens finished 17th (2.96). Can Montreal keep up in this series?
The Blues hung with the Jets for much of Game 1 and even looked like the stronger team at certain times, so pulling off the series upset remains on the table. But getting a win on the unfriendly ice at the Canada Life Centre would be of some benefit in shifting momentum before the series moves to St. Louis for Game 3. The Blues proved that Connor Hellebuyck is not invincible in Game 1, and they were led by stars Jordan Kyrou and Robert Thomas, who both got on the board.
The Jets have a mixed history after winning Game 1 of a playoff series, having gone 3-3 as a franchise (including the Atlanta Thrashers days) on such occasions. Like the Blues, the Jets were led by their stars, Kyle Connor and Mark Scheifele, but the game-tying goal came from Alex Iafallo, who has played up and down the lineup this season.
The Stars might like a redo on Game 1 after the visiting Avalanche essentially controlled the festivities for much of the contest. Stars forward Jason Robertson missed Game 1 because of an injury sustained in the final game of the regular season, and his return sooner than later would be excellent for Dallas; he scored three goals in three games against Colorado in the regular season. Also of note, teams that have taken a 2-0 lead in best-of-seven series have won 86% of the time.
Slowing down the Avs’ stars will be critical in Game 2, which is a sound — if perhaps unrealistic — strategy. With his two goals in Game 1, Nathan MacKinnon became the third player in Avalanche/Nordiques history to score 50 playoff goals, joining Joe Sakic (84) and Peter Forsberg (58). In reaching 60 assists in his 73rd playoff game, Cale Makar became the third-fastest defenseman in NHL history to reach that milestone, behind Bobby Orr (69 GP) and Al MacInnis (71 GP).
This is the fourth straight postseason in which the Oilers and Kings have met in Round 1, and Edmonton has won the previous three series. Will the fourth time be the charm for the Kings?
L.A. went 3-1-0 against Edmonton this season, including shutouts on April 5 and 14. Quinton Byfield was particularly strong in those games, with three goals and an assist. Overall, the Kings were led in scoring this season by Adrian Kempe, with 35 goals and 38 assists. Warren Foegele — who played 22 playoff games for the Oilers in 2024 — had a career-high 24 goals this season.
The Oilers enter the 2025 postseason with 41 playoff series wins, which is the second most among non-Original Six teams (behind the Flyers, with 44). They have been eliminated by the team that won the Stanley Cup in each of the past three postseasons (Panthers 2024, Golden Knights 2023, Avalanche 2022). Edmonton continues to be led by Leon Draisaitl — who won his first Rocket Richard Trophy as the league’s top goal scorer this season — and Connor McDavid, who won the goal-scoring title in 2022-23 and the Conn Smythe Trophy as MVP of the playoffs last year, even though the Oilers didn’t win the Cup.
Arda’s Three Stars of Sunday
For the last several seasons, much of the postseason narrative for the Leafs has been the lack of production from the Core Four. So this was a dream Game 1 against Ottawa for Marner (one goal, two assists), Nylander (one goal, one assist), John Tavares (one goal, one assist) and Matthews (two assists) in Toronto’s 6-2 win over Ottawa.
Stankoven’s two goals in the second period put the game out of reach, with the Canes winning 4-1 in Game 1. Stankoven is the second player in Hurricanes/Whalers history to score twice in his first playoff game with the club (the other was Andrei Svechnikov in Game 1 of the first round in 2019)
Howden had two third-period goals in the Golden Knights’ victory over the Wild in Game 1, including a buzzer-beating empty-netter to make the final score 4-2.
Sunday’s results
Hurricanes 4, Devils 1 Carolina leads 1-0
The Hurricanes came out inspired thanks in part to the raucous home crowd and took a quick lead off the stick of Jalen Chatfield at 2:24 of the first period. Logan Stankoven — who came over in the Mikko Rantanen trade — scored a pair in the second period, and the Canes never looked back. On the Devils’ side, injuries forced Brenden Dillon and Cody Glass out of the game, while Luke Hughes left in the third period but was able to return. Full recap.
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Logan Stankoven’s 2nd goal gives Hurricanes a 3-0 lead
Logan Stankoven notches his second goal of the game to give the Hurricanes a 3-0 lead.
William Nylander zips home a goal to pad the Maple Leafs’ lead
William Nylander zips the puck past the goalie to give the Maple Leafs a 4-1 lead.
Golden Knights 4, Wild 2 Vegas leads 1-0
In Sunday’s nightcap, the two teams played an evenly matched first two periods, as Vegas carried a 2-1 lead into the third. Then, Brett Howden worked his magic, scoring a goal to pad the Knights’ lead 2:28 into that frame, and putting the game to bed with an empty-netter that beat the buzzer. The Wild were led by Matt Boldy, who had two goals, both assisted by Kirill Kaprizov. Full recap.
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Brett Howden buries Wild in Game 1 with buzzer-beating goal
Brett Howden sends the Minnesota Wild packing in Game 1 with an empty-net goal for the Golden Knights in the final second.
LAS VEGAS — NHL linesman Bryan Pancich left Sunday night’s Minnesota–Vegas playoff game 3:37 into the second period after a collision with Golden Knights forward Brett Howden.
Backup official Frederick L’Ecuyer took Pancich’s place in the opening game of the first-round Western Conference series.
Howden was trying to bat down a puck in the offensive zone when he appeared to make contact with Pancich’s head with both by the boards. Howden briefly kneeled down to check on the official before joining his team as the Wild went on an offensive rush.