The Tampa Bay Lightning have signed Alex Barre-Boulet to a three-year contract. The first year is a two-way deal that will carry a salary of $750K at the NHL level, the second year is one-way and comes with a salary of $750K and the third year is one-way with a salary of $775K. The contract’s average annual value at the NHL level will be $758,333. Barre-Boulet was a restricted free agent coming off his entry-level contract.
The 24-year-old forward is another one of Tampa’s undrafted development projects and appears ready to take on a full-time role in the NHL. After dominating the AHL with 124 points in his first two seasons, he made his debut with Tampa Bay this season, playing in 15 games. Though he had just three goals during that span, he was an excellent possession player and should be a fixture in the lineup this season.
Signing for three years at the league minimum is obviously a big win for the Lightning, even if he’s just a part-time player moving forward. Barre-Boulet obviously was willing to give up a bit of potential salary for the security of a multi-year contract and by doing so actually made it easier for the team to keep him in the NHL. Tampa Bay, who have lost several players this summer because of the salary cap, will need players on cheap contracts as they continue pay their more productive forwards at the top of the lineup. Just this week, Brayden Point signed a massive eight-year extension that will make him one of the highest-paid forwards in the league. That deal won’t kick in until next season, but Barre-Boulet is now locked in at a very reasonable price for that stage too.