Alexander Holtz Just Revived An Old Devils Development Debate

Once hailed as an elite finisher, former first-round pick Alexander Holtz's struggle to adapt to the Devils' system has left him on waivers and ignited debate over the team's recent trade decisions.

The New Jersey Devils’ roster trim on Sunday came with a few eyebrow-raising moves of its own, but the bigger headline for a lot of fans was the sight of former first-round pick Alexander Holtz back on waivers.

New Jersey cut down toward Monday’s deadline while also making some notable goalie business, placing David Rittich on waivers and claiming Remi Poirier from the Dallas Stars. That points to a three-goalie setup for the Devils heading into the season.

Around the league, the waiver wire was crowded with familiar names. Nathan Bastian signed a two-way deal with the Florida Panthers and then landed on waivers after being on a PTO.

The New York Islanders took a risky swing by putting Vitek Vanecek on waivers. Kaapo Kahkonen is there too.

Other former Devils ties on waivers include Adam Beckman, Reilly Walsh and Georgii Romanov, who was in New Jersey for last year’s training camp. But Holtz is the name that jumps off the page.

Notable players on waivers

Broissoit (Ana), Jokiharu (Bos), Blackwell (Dal), Perbix (NSH), Lyubushkin (NSH), Rittich (NJ), Holtz (VGK), Heinola (VGK) Brodzinski (WSH)

  • Jonathan Stuart Davis (@westcoasthkyNHL) September 27, 2026

That’s because Holtz arrived in New Jersey with real expectations attached. As the seventh-overall pick, he was supposed to be the kind of pure scorer you could plant in the top six and trust for years. The Devils viewed him as an elite finisher in his draft class.

Instead, the fit never really took hold. He got chances in New Jersey, but the organization never fully committed to keeping him in the NHL, and he bounced between the big club and the minors. The whole thing became a messy development story, not unlike what happened with former second-overall pick Simon Nemec.

The Devils eventually moved on, dealing Holtz and goalie Akira Schmid to the Golden Knights for Paul Cotter and a third-round pick. That trade drew plenty of questions from Devils fans, but Holtz had already stopped looking like the high-end scorer they once hoped for. He was coming off a 16-goal season, yet the scoring touch never really held.

Now the downward slide has continued in Vegas. Holtz has four goals in 2024-25 and three goals last season, and his name on waivers is no shock after the Golden Knights also put him there last March. Even so, plenty of people figured he’d have a real shot to stick on the roster this time.

Instead, another chapter in his career has ended with uncertainty. Holtz had the talent to become a major goal threat in this league, but the path never stayed straight long enough for that version of him to take root.

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