Jon Cooper

Two Years Remaining

F Ryan Callahan ($5.8MM, UFA)
G Andrei Vasilevskiy ($3.4MM, UFA)
G Louis Domingue ($1.15MM, UFA)

With the increase in salary being handed out to top goaltenders, the Lightning aren’t looking forward to Vasilevksiy’s contract negotations. Considered by many to be the top goaltender in the NHL at only 23 years old, Vasilevskiy will likely break the bank when the team signs him to a long-term deal. Montreal’s Carey Price ($10.5MM) and the eventual contract that Columbus’ Sergei Bobrovsky gets next year will likely just be the starting point for a goaltender who posted a .920 save percentage in 65 games last season.

The team should be able to salvage part of that raise from the expiring contract of Callahan (assuming they don’t trade or buy him out before then). Callahan, will be eventually missed as he’s the heart and soul of the team, but injuries have negated his presence for much of the last two years. Once his $5.8MM contract expires, the team can apply that towards a new contract for Vasilevskiy (plus quite a bit more). Callahan, 33, provides a physical presence, but he only played 67 games and he had an injured shoulder for quite a bit of that time after missing most of the 2016-17 game.

Three Years Remaining

None

Four Or More Years Remaining

F Steven Stamkos ($8.5MM through 2023-24)
D Victor Hedman ($7.8MM through 2024-25)
F Ondrej Palat ($5.3MM through 2021-22)
F J.T. Miller ($5.25MM through 2022-23)
F Tyler Johnson ($5MM through 2023-24)
F Nikita Kucherov ($4.8MM in 2018-19; $9.5MM through 2026-27)
D Ryan McDonagh ($4.7MM in 2018-19; $6.75MM through 2025-26)
F Alex Killorn ($4.45MM through 2022-23)

The team has locked up more players than most teams as they feel their core is ready to win for the next 10 years. The team started much of those signings back in 2016 when they were able to convince Stamkos to sign an eight-year, $68MM deal. Stamkos, who then got hurt in his first season and only played 17 games, bounced back with a solid season last year, posting 27 goals and 86 points. The 28-year-old posted impressive point totals, but saw his goal output drop after tallying 36 goals in 2015-16 and 43 in 2014-15 (not to mention the 60 in 2011-12). However, with Kucherov on his wing, there may not be a requirement to score as much.

Kucherov signed his eight-year, $76MM extension this offseason, as the team wanted to lock up their star winger, who many think is one of the top five players in the league. The 25-year-old posted a career-high in points, breaking 100 points this year. He also added 39 goals and now has scored 138 goals in the past four seasons.

Once the team locked up Stamkos, they immediately followed that up with an extension for Hedman, who proved he was worthy of the eight-year, $63MM deal when he won the Norris Trophy last season with a 17-goal, 63-point performance. The addition of McDonagh at the trade deadline only made Hedman’s job easier as McDonagh was able to share some of those tough minutes and help prevent Hedman from playing too many minutes in each game. The team then followed up on that by signing McDonagh to a seven-year, $47.3MM extension that will keep the veteran with the team until he’s 37 years old.

The team also locked up Palat and Johnson, two key wingers, to long-term extensions as well. The 27-year-old Palat has four years left on a five-year, $26.5MM deal. He was hampered by injuries last season, but still produced 11 goals and 35 points, but has the abilities to be a respectable 20-goals scorer year after year. The 28-year-old Johnson has six years remaining on his seven-year, $35MM contract and provided 21 goals and 50 points, providing solid top-six depth. The addition of Miller, who signed a five-year, $26.25MM deal this offseason, walked in and was an immediate fit on the team’s top line next to Stamkos and Kucherov. He combined for a career-high in goals and points as he gives the line much-needed size and style around the net.

The only player who seems to not be an impact player would be Killorn. the 28-year-old power forward, who the team handed a seven-year, $31.2MM contract back in 2016. With five years remaining at $4.45MM, Killorn still provides offense, but in a bottom-six role. He scored 15 goals and had a career-high 47 points, but $4.45MM is a lot of money for a player in that role.

Buyouts

D Matthew Carle ($1.83MM through 2019-20)

Retained Salary Transactions

None

Still To Sign

None

Best Value: Gourde (Excluding entry-level contracts)
Worst Value: Callahan

Looking Ahead

The team has done an impressive job in building a franchise winner. They need only one thing — a Stanley Cup title — but the team has the pieces, most of which are just entering their prime, to accomplish just that. The franchise that general Steve Yzerman has things they have to deal with, but it seems to be in good hands. The team got a good deal out of Kucherov, who signed for slightly below-market value (thanks in part to Florida’s lack of state tax) and while they still have a few contracts they’ll have to deal with in the near future (Point, Sergachev, Gourde and Vasilevskiy), the team is set up perfectly to compete with the best teams in the leagues for the foreseeable future. They might even have the ability to take on another major contract like an Erik Karlsson if they wanted.

Photo courtesy of USA Today Sports Images.