The Tampa Bay Lightning are approaching July 1st with only three notable pending-free agents. That short list has made the summer easy to forecast for Bolts general manager Julien BriseBois, who broke down the team’s upcoming expectations to Diandra Loux of The Hockey News. He most notably shared that each of Cam Atkinson, Nicklaus Perbix, and Luke Glendening are expected to hit the open market on July 1st. All three players are set to become unrestricted free agents.
The season-long impact of the three names varied quite widely. Perbix served as a bottom-pair defender for 74 games of the regular season. He recorded a meager 19 points, 20 penalty minutes, and plus-eight while averaging just under 15 minutes of ice time each game. Glendening was also a nightly fixture of the Bolts lineup, stepping into 77 games as the team’s fourth-line centerman. He managed just seven points and a minus-nine on the year, but did offer a staggering 57 percent faceoff win-rate and 105 hits on the full year. Those marks were strong enough to hold down a role in Tampa Bay’s bottom-end – a sentiment that can’t be shared by 36-year-old winger Atkinson. Despite over-800 career games in the NHL, Atkinson found himself facing routine healthy scratches and assignments to the minor-leagues in the season’s second-half. He finished the year with just nine points and a minus-four in 39 NHL games.
Perbix should command a reasonable market in free agency. He’s far from the most explosive defender, but has rivaled 20 points and a positive plus-minus in each of his first three seasons in the NHL. He is only 26 years old, and could offer a new club with the prime years of his career on a new deal. While he negotiates that contract, Glendening and Atkinson will grapple with the thought of retirement. Both players turned 36 after the end of the season, and are now faced with the task of convincing a team they’re still worth depth money. Glendening could win that argument on the back of his continued faceoff wins, and physical role, but it could be an uphill battle for the undersized Atkinson. Atkinson has appeared in 13 seasons and 809 NHL Games, while Glendening has appeared in 12 seasons and 864 games.
BriseBois also shared that the team isn’t expecting to make much of a splash when the market opens up. He told Loux that they underwent a massive change last summer – swapping franchise icon Steven Stamkos for Jake Guentzel through a series of moves. The GM emphasized that teams can’t go through changes of that scale each season, which could lead to a “quiet” summer. Tampa Bay will enter July 1st with just $3.48MM in projected cap space, per PuckPedia. Without a cap-clearing move, it’s unlikely that budget is enough to swing much more than a depth contract before Tampa Bay begins thinking about a cap cushion for next season.
But while they won’t be too active on the open market, BriseBois continued by directly sharing that the Bolts do plan to re-sign defenseman Ryan McDonagh when he hits free agency in 2026. McDonagh has played through six seasons and 349 games with the Tampa Bay Lightning, as part of a career that’s spanned 15 seasons and 1,010 games. He posted an impressive 31 points, 22 penalty minutes, and league-high plus-43 while appearing in all 82 games of the 2024-25 season. It was yet another strong year for the iron-man McDonagh – who has posted at least 25 points and a high plus-minus through three of the last four seasons. McDonagh also recently turned 36 years old, but has so far shown no signs of slowing down. He averaged 19 minutes of ice time and scored three points through five postseason games. So long as he stays on course, it seems the Lightning are prepared to re-up McDonagh on a manageable and short-term deal at age-37 next summer.
Tampa Bay is set for a summer of budgeting and tough exits – but they’re changes the team should be able to turnover with a growing emergence of young prospects. Development camp could be the most notable piece of Tampa Bay’s season, as they look to maintain a roster that achieved the third-best record in the Eastern Conference last season.
I heard GM BriseBois’ interview & he’s not one to ever show his cards on what he’s planning to do. I do believe they’ll make signing or two during the opening of FA. They’re not out to go big game hunting this offseason. They’re out looking for depth pieces which you don’t have to break the bank for that.
Puckpedia has Tampa with $3.48M in cap space this offseason but Puckpedia has players for example like Conor Sheary on the main roster, who’s going to be sent down to the minors which would give Tampa an additional $1.5M of Sheary’s $2M (since a portion gets buried) in cap space.
In the end, Tampa will have a thing or two up their sleeve come FA but I do believe they plan primarily to have some of their development talent like Dylan Duke, Jack Finley, Max Crozier & such to step in as they’ve shown signs they’re ready for the NHL. While young established talents like Conor Geekie and Gage Goncalves look to take their next big step in their sophomore season in the NHL. We’ll see what happens moving forward.
Just after posting this Conor Sheary apparently got his contract terminated lol. So, he’s coming off the books which should open up some additional cap space for Tampa.