The franchise was exploring their options after the veteran goalie did not report to the team's training camp when it opened a few weeks ago. The veteran issued a statement shortly after, stating that the team was aware of his absence and the reasons why.
This would be a world of relief for Golden Knights GM Kelly McCrimmon. Vegas wouldn't have had any issues being cap complaint with Lehner on LTIR, now they will have the added bonus of being able to accrue space by operating without LTIR. The amount of flexibility is significant, as they'll have $1.36M in projected space on opening night with Lehner essentially off the books, per PuckPedia.