Olofsson was put on waivers Tuesday for the purpose of reassignment to AHL Coachella Valley.
Olofsson earned one goal and 11 assists in 51 games for AHL Coachella Valley in 2023-24 before adding five helpers in 18 playoff contests. He has appeared in four NHL regular-season contests with Seattle in the past two years, indicating he will probably spend most of 2024-25 in the minors.