Reilly Smith's return to the Vegas Golden Knights comes as a strategic move, with Smith being a seasoned veteran who spent six successful seasons with the team, including a Stanley Cup win in 2023. Acquired from the New York Rangers, he brings 29 points this season, while the Rangers retain half of his salary. Vegas coach Bruce Cassidy expressed confidence in Smith's familiarity with the team's systems and culture, underscoring the importance of his leadership and experience.

The Golden Knights currently lead the Pacific Division, and Smith's addition could bolster their playoff run. Meanwhile, the Rangers are making moves to strengthen their roster ahead of the trade deadline, indicating a shift in focus for both franchises. The team pushed forward with trades, aiming at a playoff spot while balancing their roster for the future.