The Colorado Avalanche received a major boost to their roster this offseason as key forward Victor Olofsson has reportedly reconsidered entering free agency and is set to return for at least another season. The 30-year-old winger, who has been a consistent contributor to the Avalanche’s secondary scoring, had initially been expected to explore his options on the open market, but sources close to the team confirm that a deal to keep him in Denver is near completion.
Olofsson’s presence on the Avalanche lineup has been invaluable. This past season, he tallied seven goals and 19 points in just 35 games, providing much-needed depth to a high-powered offense led by Nathan MacKinnon and Mikko Rantanen. His versatility and scoring touch in the middle-six role have allowed Colorado to maintain offensive balance, giving the top stars space to operate while contributing timely goals of his own.
Originally signed to a one-year “prove-it” deal with a $1.575 million cap hit, Olofsson exceeded expectations. The forward’s performance not only justified the contract but also positioned him as one of the league’s most reliable depth scorers. His prior experience with the Vegas Golden Knights, where he scored 15 goals in 56 games, laid the foundation for his transition to the Avalanche, and he has now emerged as a crucial piece in Colorado’s short-term and long-term plans.
The decision to stay comes amid speculation that Olofsson could have commanded a higher salary on the open market. However, team-friendly negotiations and mutual interest in maintaining continuity appear to have sealed the deal. Reports indicate that Olofsson may sign a multi-year contract in the $2 to $2.5 million average annual value range, keeping him in Denver while allowing the Avalanche flexibility under the salary cap.
Head coach Jared Bednar expressed his enthusiasm for Olofsson’s return, emphasizing the importance of retaining proven contributors. “Victor brings more than just points; he brings energy, experience, and reliability to our lineup,” Bednar said. “Having him back for another year strengthens our depth, gives our younger players a great mentor, and keeps our team competitive at the highest level.”
With free agency around the corner and limited options for quality middle-six forwards, keeping Olofsson is a significant win for Colorado. The Avalanche now look poised to enter the 2026 season with a more complete roster, continuity in their forward group, and the confidence that their offensive depth remains among the league’s strongest.
Fans can breathe a sigh of relief knowing that Olofsson’s decision ensures that the Avalanche retain a familiar and productive presence—one that could make the difference in close playoff battles and help maintain their status as one of the NHL’s elite teams.
