During the first season of their affiliation with Vegas, the Wolves set a pair of franchise records in earning points in 14 straight games from December 9 to January 6 and 13 consecutive home wins from December 6 to February 15. In the 2018–19 season, the Wolves made the Calder Cup Finals, in which they lost to the Charlotte Checkers in five games. During the 2019–20 season, the Golden Knights stated it was looking to own and operate its own AHL team in the Las Vegas region in 2020–21, but it would not be the Wolves. The Golden Knights agreed to purchase the San Antonio Rampage franchise and move it to the Las Vegas area as the Henderson Silver Knights. On September 10, 2020, the Wolves announced an affiliation agreement with the Carolina Hurricanes. In addition, the Wolves added a temporary secondary NHL affiliate in the Nashville Predators for the 2020–21 season as the Predator's affiliate, the Milwaukee Admirals, opted out of the COVID-19 pandemic-shortened season.