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Salary Cap Deep Dive: Tampa Bay Lightning

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Navigating the Salary Cap is probably one of the more important tasks for any general manager to have. Teams that can avert total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful. Those that don’t see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation heading into the 2018-19 season. This will focus more on those players who are integral parts of the roster versus those who may find themselves shuttling between the AHL and NHL. All cap figures are courtesy of CapFriendly.

Tampa Bay Lightning

Current Projected Cap Hit: $76,853,780 (under the $79.5MM Upper Limit)

Entry Level Contracts

D Mikhail Sergachev (two years, $894K)
F Anthony Cirelli (two years, $728K)
F Brayden Point (one year, $687K)

Potential Bonuses:

Sergachev: $850K
Cirelli: $183K
Point: $183K

Total: $1.22MM

After a impressive rookie campaign, the Lightning knew they had a special player in Point, who proceeded to have a breakout year as the team’s second-line center. Point, who is good enough to be a No. 1 center, provided the team with a 32-goal, 66-point season. Now in his third year, Point could really walk away with a huge payday if he can equal or even better on that performance this year. Cirelli looks to have the third-line center spot locked down after the 21-year-old had a successful, but short stint, last season. He posted five goals and 11 points in 18 games last season and played in all 17 games of the playoffs, adding a pair of goals.

Sergachev has two years remaining on his contract and the 20-year-old defenseman had an up and down season, but still posted a nine-goal, 40-point season. He did have trouble getting regular minutes as the team often lost faith in his defensive play along with some immaturity issues. Regardless, the left-handed shot actually proved to head coach Jon Cooper that he can play on the right side, solving their depth issues on the right side. Sergachev should continue to develop his skills and also be in line for a big payday in two years.

One Year Remaining, Non-Entry Level

D Anton Stralman ($4.5MM, UFA)
D Braydon Coburn ($3.7MM, UFA)
D Dan Girardi ($3MM, UFA)
F Yanni Gourde ($1MM, UFA)
F Cedric Paquette ($1MM, RFA)
D Slater Koekkoek ($865K, RFA)
D Jake Dotchin ($813K, RFA)
F Adam Erne ($800K, RFA)
F Andy Andreoff ($678K, UFA)
F Cory Conacher ($650K, UFA)

For a team known for its defensive depth on its defense, it’s a little shocking to see that they only have three players signed after the 2018-19 season. Almost all of the team’s defense become free agents, restricted or otherwise, including Stralman, Coburn, Girardi, Koekkoek and Dotchin. With the team heavily laden in long-term deals, the team might be willing to allow Stralman, Coburn and Girardi to walk at the end of the year. All three are solid players, but there might not be any cap room to extend any of them, especially if the team has to give long-term deals to both Sergachev and Point. Stralman’s situation will be the most interesting as he’s a solid defenseman that complements his partner quite well and was the veteran who mentored Sergachev last season. Coburn and Girardi are likely expendable. Koekkoek and Dotchin will only be restricted free agents, but neither got a lot of playing time with the team, especially after the team added defensive talent at the trade deadline. However, both could play bigger roles this year, or within two years.

Another interesting decision the team will have to make is Gourde, who posted a breakout season in his first full season. The 26-year-old spent many years working on his game in the AHL before finally catching on with the Syracuse Crunch in 2014. From there he worked his way up before catching the team’s eye in training camp to win a spot. The result was a 25-goal, 64-point performance and now he has to prove he can duplicate that performance this season to get a big boost in his pay. For $1MM, Gourde may be the best bargain on the team, but he could get pricey quickly.Read more

Tampa Bay Lightning Re-Sign Adam Erne

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It’s not quite the deal that Nikita Kucherov received yesterday, but another Tampa Bay Lightning forward has re-signed with the team. Adam Erne has agreed to a one-year, one-way contract worth $800K. Erne was the team’s last remaining restricted free agent this summer.

The 23-year old Erne hasn’t quite been able to lock down a full-time role with the Lightning to this point in his short career, but could certainly challenge for ice time this season. Tampa Bay always seems to have more cap room when they want to make a big move, and it’s because of inexpensive players like Erne making a real impact at the NHL level. If he can continue to play a heavy game at the bottom of the lineup he’ll be a valuable contributor even without adding a ton of offense. That offense though could still come, as Erne has been a solid—if unspectacular—producer at the minor league level, scoring 26 points in 41 games last season for the Syracuse Crunch. He added just four points during 23 NHL contests.

If he’s not given an opportunity over the next two seasons, Erne would actually qualify for Group VI unrestricted free agency in the summer of 2020. He needs 31 NHL contests before then to become ineligible, or sign a longer-term contract next summer. For now, he’ll play out his year and try to prove that he deserves another deal as a restricted free agent in a year’s time.

Free Agent Focus: Tampa Bay Lightning

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Free agency is now less than a day from opening up and there are quite a few prominent players set to hit the open market while many teams have key restricted free agents to re-sign. Here is a breakdown of Tampa Bay’s free agent situation.

Key Restricted Free Agent: F Cedric Paquette — Nine points hardly seems like a lot of points for key restricted free agent, but the 24-year-old Paquette isn’t about offense. The defense-first forward has been a key part of the team’s bottom-six line, which included Ryan Callahan and Kunitz line that was constantly put against opponents’ top lines. Now that he’s been qualified, Paquette, who scored just five goals during the regular season (and one in the playoffs) might be more needed than ever with Kunitz likely headed elsehere. Regardless, he could be in line for a significant raise after making $812K last year on his two-year bridge deal. Now with arbitration rights, he could walk away with quite a bit more.

D Slater Koekkoek — The 24-year-old blueliner has worked hard to try and break into the deep defensive core of Tampa Bay and did manage to get into 34 games last season and avoid a trip down to the Syracuse Crunch, but Koekkoek’s usefulness came to an end after Tampa Bay acquired Ryan McDonagh at the trade deadline. From that point on, he appeared in just three regular season games and did not appear in the playoffs. While the team intends to bring him back, recent rumors that the team might consider trading the youngster are also a possibility. He made $800K last year on a one-year deal.

Other RFA’s: F Adam Erne.

Key Unrestricted Free Agents: Andrej Sustr — The 27-year-old depth defender could easily find himself on a new team with the amount of defenders under contract in Tampa Bay. The blueliner had been a regular on the Lightning’s defense over the past three years, but he found himself often a healthy scratch with the addition of players like Mikhail Sergachev, Jake Dotchin, Koekkoek as well as McDonagh. After making $1.95MM last season in the last of his restricted free agent years, the team must decide if they want to bring back the undrafted free agent they signed back in 2013.

Chris Kunitz — The 38-year-old winger was a big part of the Lightning’s shutdown line along with Callahan and Paquette in his one year with Tampa Bay, but there is little indication that Kunitz is expected return. Despite a productive season in which he tallied 13 goals and 29 points last season, rumors suggest he’s interested in a possible return to Pittsburgh.

Other UFA’s: D Mat Bodie, F Erik Condra, F Alex Gallant, D Jamie McBain, F Matthew Peca.

Projected Cap Space: The Lightning don’t have much cap space to work with this offseason as the team has just $5.3MM. On top of that, Tampa Bay has quite a few free agents they must deal with next year including Nikita Kucherov, McDonagh and Yanni Gourde to name a few, so they need to have as much cap room to maneuver with as possible. Despite their interest in John Tavares, don’t expect the team to dip heavily in the free agent market this year and more likely depend on their AHL depth to carry them through.

Injury Notes: Point, Palat, Erne, Watson, Perreault

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After suffering a disappointing Game 1 loss at home to the Boston Bruins, the Tampa Bay Lightning are pushing the pace at practice today and is compared to a training camp style of practice, according to The Athletic’s Joe Smith. The Lightning struggled and didn’t look prepared for their first-round matchup, falling 6-2, likely forcing coach Jon Cooper to wake them up in practice today.

While the team hopes to rebound in Game 2 and even the series, the team is also without Brayden Point and Ondrej Palat, who are both absent from the practice and are considered day-to-day for Monday. Point took a hard check from Boston’s Brad Marchand in the first period, while there is no word on Palat. Point said he will be ready to go Monday, according to NHL.com’s Dan Rosen. Both missed practice because of “body maintenance.” One positive note, the Lightning have winger Adam Erne back, who is practicing in a regular jersey, not a non-contact one. He could return Monday. He last played on Mar. 26 and has been out with a lower-body injury.

  • The Nashville Predators could get Austin Watson back from injury for Sunday’s game. The winger left Friday’s game in the first period with an undisclosed injury, but practiced Saturday alongside linesmates Colton Sissons and Nick Bonino, according to the Tennessean’s Adam Vingan. That suggests he will be available for Game 2. His return is key as Watson, who scored 14 goals during the regular season, has come up big in the playoffs, putting up seven points in seven games so far, including four goals.
  • While the Winnipeg Jets are almost fully healthy, veteran winger Mathieu Perreault remains in a non-contact jersey and looks to be out for at least another game, according to Winnipeg Sun’s Ken Wiebe. Perrault has been out with an upper-body injury and has played in just one game so far in the playoffs.

Eastern Notes: Kane, Budaj, Sanheim, Reaves

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Evander Kane has found a new home, at least for the rest of this year. While it’s too early to know whether he will stay in San Jose for the foreseeable future, the Buffalo News’ Mike Harrington writes that the Sharks might be the best fit for the 26-year-old personality. In a 10-point notebook on Kane, Harrington writes that what Kane really needs is to be on a veteran team who will tell him how things work, something that he did not have in Buffalo.

The Sharks, who are loaded in veterans such as Joe Thornton, Brent Burns, Joe Pavelski, Joel Ward and Marc-Edouard Vlasic, should be able to have some controlling effect on Kane. Thornton already proved that when the veteran picked Kane up from the airport in a limousine after the trade. He also writes that Kane already is showing off his speed with San Jose as he’s tallied up three assists in two games with the Sharks. That speed was not very apparent over the past couple of months in Buffalo, but the scribe writes that Kane was well aware Buffalo management wanted to move on from him and may have lost interest in sacrificing himself for the Sabres.

Harrington also adds that general manager Jason Botterill should have made a trade earlier when Kane was hot. Knowing his reputation, which only got worse in the last couple of months with his teammates, they never were likely to get the asking price that Botterill was demanding. In the end, it was quite obvious that only veteran teams showed interest in Kane as the runner-up at the deadline was the Anaheim Ducks.

Due to his reputation, Harrington wonders whether Kane will be forced to take a lesser deal this offseason. Players at his age and skill should be getting a long-term deals at $6-7MM, but Kane may be forced to accept something closer to a four-year term if teams continue to worry about his ability to co-exist with his teammates.

  • Tampa Bay Times’ Joe Smith tweets that Tampa Bay Lightning backup goalie Peter Budaj, who hasn’t played since Dec. 29, is really close to returning to the team. The team could have a decision to make, however, as emergency backup Louis Domingue has won four of his six starts and has played well for Tampa Bay. Domingue, who has a 3.29 GAA and a .905 save percentage would have to be officially recalled, however, if they want to keep the 25-year-old. The team has already used two of their four allotted recalls on Anthony Cirelli and Adam Erne, so the team may not want to use a third recall yet and might stick with Budaj. The 35-year-old has struggled with Tampa Bay this year, however, with a 3.80 GAA and a .878 save percentage.
  • John Boruk of NBC Sports Philadelphia writes that the Philadelphia Flyers talked to the Ottawa Senators right before the trade deadline about acquiring winger Mike Hoffman. The scribe writes that sources have said the Senators asked for a package that included defenseman Travis Sanheim and a first-round pick as a starting point. While a first-rounder (they have two of them this year) might have been a possibility, Sanheim proved to be the deal-breaker.
  • Providence Journal’s Mark Divver tweets that he spoke to a pro scout who believes the Pittsburgh Penguins made a mistake when they traded enforcer Ryan Reaves to the Vegas Golden Knights last week. While Reaves took a lot of criticism for his lack of offense with the Penguins, he provided the team with leadership and a physicality the team really needed. The scribe writes that the Penguins struggled when things got tough Thursday when they played the Boston Bruins.

Eastern Notes: Lightning Roster, Hall, Ryan

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The Tampa Bay Lightning started their bye week Friday, yet made news this afternoon when they placed forward J.T. Brown on waivers. However, Tampa Bay Times’ Joe Smith writes that general manager Steve Yzerman said the move was made to open some roster flexibility for potential callups from their AHL Syracuse Crunch roster.

Smith writes the team is enamored with the play of several of their AHL players, including Adam Erne, Carter Verhaeghe, Alexander Volkov and Matthew Peca and have suggested on many occasions the team may want to see some of them in a Lightning uniform this season.

“I wanted the flexibility within our roster, when the time comes, to recall players currently excelling in Syracuse and give them an opportunity to play,” Yzerman told the Times.

Erne has received some praise from Yzerman already, saying he’s “been playing his way out of the American League.” The 22-year-old wing was a second-round pick in 2013 and has 11 goals and 25 points in 37 games with the Crunch. He played 26 games for Tampa Bay last year. Verhaeghe, a former third-rounder in 2013, has eight goals and 16 assists in 24 games. Volkov, the team’s second-round pick in the 2017 draft, has 10 goals and 22 assists in his first season in the AHL and is just 20 years old. Peca was named as an AHL all-star and leads the team with 29 points.

  • The Athletic’s Craig Custance (subscription required) interviewed New Jersey Devils head coach John Hynes, who says that wing Taylor Hall has made a successful transition to team leader, but it took a while. Hall, who was acquired by trade in the offseason two years ago was unhappy about being traded to New Jersey, although he said it had more to do with the troubles in Edmonton and his inability to turn the franchise’s success around. Hynes added that it took a full year for Hall to recover from the change. However, the 26-year-old former first overall pick in 2010 spoke with general manager Ray Shero after last season and they talked about him taking over the leadership role this season and he’s done just that. He has 15 goals and 27 assists in 39 games this year. “Now, I think you see a guy, he’s gone through that mourning period and now, this is his team,” said Hynes. “New Jersey’s his team, it’s his city, he has pride in what we’re doing. He’s bought in and he’s helping drive our team to become a much more competitive team than we have been in the past.”
  • The Athletic’s Eric Duhatschek writes (subscription required) that the best way for the Ottawa Senators to make a contract work for future 2019 unrestricted free agent Erik Karlsson work would be spend this offseason working hard to unload the contract of veteran Bobby Ryan. The scribe writes that while center Matt Duchene will also need a new contract, he is already making $6MM and likely wouldn’t command a contract too much more than that. However, Karlsson is likely to cost at least $10MM per year and possibly as much as $12MM per year if the salary cap continues to rise. If the team can find a way to unload Ryan, who will make $7.25MM for the next four seasons after this one, that would solve a lot of Ottawa’s problems. Duhatschek suggests finding a way to have the Vegas Golden Knights, who should have up to $40MM in cap space available next year, take Ryan off their hands and even suggests the Senators retain half his salary to make that work.

What Your Team Is Thankful For: Tampa Bay Lightning

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With the holiday season in full swing, PHR will look at what teams are thankful for so far this year. There also might be a few things your team would like down the road. We take a look at what’s gone well in the first few months and what could improve as the season rolls on. So far we’ve covered the following teams:

Atlantic: BOS, BUF, DET, FLA, TOR, MTL, OTT
Metropolitan: CAR, CBJ, NJD, NYI, NYR, PHI, PIT, WSH
Central: CHI, COL, DAL, MIN, NSH, STL, WPG
Pacific: ANA, ARZ, CGY, EDM, LAK, SJS, VAN, VGK

What are the Tampa Bay Lightning most thankful for?

What a difference a year makes. One year ago, the Tampa Bay Lightning failed to reach the playoffs and now the Lightning (aside from perhaps the Vegas Golden Knights) are one of the most talked about teams in the NHL. Their 26-7-2 record is tops in the NHL and with 54 points, they are six points ahead of any other team in the league. The team is ranked first in goal scoring as they average 3.79 goals per game, .29 higher than any other team. The Lightning rank first in power play effeciency, scoring on 28.1 percent of opportunities. They rank fourth in the NHL in goals against, averaging a stingy 2.52 goals. They also rank third in goaltending save percentage at .921. What’s not to be thankful for?

Who are the Lightning most thankful for?

There are too many directions the team could go from the play of Nikita Kucherov and Steven Stamkos (ranked first and second in NHL scoring, respectively) to the impressive play of rookie Mikhail Sergachev, who the team acquired in the offseason. However, perhaps the most impressive is the performance of goaltender Andrei Vasilevskiy, the team’s goaltender who, at age 23, has changed his label from up-and-coming goaltender to NHL star. The netminder took over the full-time job last year after the Lightning traded away Ben Bishop. He posted a respectable 2.61 GAA in 50 games with a .917 save percentage in 2016-17. However, in 29 games this year, Vasilevskiy has posted a 2.13 GAA and a .932 save percentage. He has 23 wins this year in those 29 games. He had 23 wins all of last season. Throw in four shutouts and he has become one of the best goaltenders in the league.

What would the Lightning be even more thankful for?

There isn’t a lot that Tampa Bay needs, but the team’s continued health and potential return of team veteran and leader Ryan Callahan might be nice. The team has had few major injuries to deal with this season after having several a year ago. Callahan, who crashed into the boards hard in a Dec. 14 game and suffered an upper-body injury, is expected to be out for at least a month and is a major injury to the team. While Callahan’s numbers aren’t that impressive (one goal, five assists in 29 games), Callahan is a key member of the team’s penalty killing unit (which gave up three power play goals to the Vegas Golden Knights earlier last week). The team would love to get Callahan back as soon as possible as his leadership abilities are also sorely missed.

What should be on the Lightnings’ Holiday Wish List?

Again, Tampa Bay doesn’t need much, but while the team has successfully integrated several young players into their everyday lineup from Sergachev, to Yanni Gourde to Jake Dotchin this year, can they continue that trend? General manager Steve Yzerman has already said that the team could easily make some upgrades and several of them will come from the AHL’s Syracuse Crunch, including Cory Conacher, Adam Erne, Anthony Cirelli and Alex Volkov, who are all thriving there. Conacher has taken Callahan’s spot and some of the others are likely call ups as the season continues. If the team can find a way to get production out of these youngsters, their depth might be the best in the league.

Atlantic Division Notes: Sabres, Erne, Gourde, Panthers

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Entering the 2016-17 season, the Buffalo Sabres were considered by some as a dark horse playoff contender after the team added top-six winger Kyle Okposo in free agency and defenseman Dmitry Kulikov via trade last summer. However, a preseason ankle injury shelved sophomore center Jack Eichel for the first 21 games of the season and the team stumbled to a 7 – 9 – 5 mark in his absence. The team’s defense has also contributed to Buffalo’s struggles and unfortunately for the Sabres, there may not be much help on the way next summer, according to John Vogl of The Buffalo News.

Vogl examines the list of potential UFA defenders, a list which happens to include current Sabres Kulikov and Cody Franson, and aside from Kevin Shattenkirk and perhaps Karl Alzner, the scribe doesn’t see free agency as presenting a solution to Buffalo’s blue line woes. That means in all likelihood the Sabres will have to go the trade route in order to address their defensive shortcomings. Naturally, any deal to add a defenseman will likely cost the team a key forward and would essentially represent an example of “robbing Peter to pay Paul.”

Elsewhere in the Atlantic:

  • We touched earlier on the injury issues impacting the Tampa Bay Lightning, but for the glass half full crowd, the absences of Tyler Johnson, Vladislav Namestnikov and Cedric Paquette offer opportunities for young players to step into more prominent roles and show the team’s coaching staff and management team what they are capable of at the NHL level. As Bryan Burns, NHL.com’s Tampa Bay Lightning contributor writes, the early beneficiaries of extra ice time and responsibility in Tampa are rookies Adam Erne and Yanni Gourde. As Burns notes, Gourde filled in as the team’s second line pivot Thursday night, recording a career-high 16:35 of ice time and registering the second point of his NHL career. Erne saw better than 14 minutes and even got some time on the power play. With Tampa Bay wrapping up a disappointing campaign, it’s quite possible the the team continues to give opportunities to some of its young talent as the front office begins to hatch its offseason strategy.
  • Last night’s 7 – 4 loss to Minnesota leaves Florida six points out of the second and final Eastern Conference wild card slot with just 16 games remaining in their season and with four teams to leapfrog in the standings. As Adam Gretz of Pro Hockey Talk writes, time is running out on the Panthers and barring a strong finish it appears Florida won’t be making their second straight postseason appearance. Missing the playoffs would represent a disappointing outcome for a team that was particularly aggressive in the offseason trying to build upon last year’s success. Florida acquired the rights to Keith Yandle and then inked the skilled puck-moving defender to a massive seven-year, $44.45MM contract extension. They signed Jason Demers as a free agent and traded for Mark Pysyk to further bolster their blue line. The Panthers also made smart under-the-radar signing, adding Jonathan Marchessault via free agency. The diminutive winger has registered a 20-goal, 39-point campaign for Florida. Yet all of those additions will be in vain unless the Panthers can close out on a hot streak and somehow sneak into the playoffs and that possibility is fading more and more with each passing day.

Minor Transactions: 02/27/17

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It’s trade deadline week folks, and the NHL is abuzz with rumors and transactions. Last night we saw two huge deals go down, and today there may be more. For now, we’ll keep an eye on all the minor transactions around the league.

Lightning Rookie Forward Erne Out 4 – 6 Weeks

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Adam Erne, who made his NHL debut on January 3rd against Winnipeg, will be out 4 – 6 weeks after x-rays Tuesday revealed the rookie forward suffered a broken foot in Tampa Bay’s 6 – 2 loss to Pittsburgh, tweets Erik Erlendsson. The Lightning had reassigned the 21-year-old to the minors yesterday but because the injury occurred while he was a member of the team, Erne will be returned to the team’s roster. Erlendsson adds that Tampa will likely place Erne on IR to free up a roster spot and they may ultimately put him on LTIR.

In four games with the Lightning, the 6-foot-1, 214-pound forward did not register a point while averaging 11:44 of ice time. In 31 games with the Syracuse Crunch this season, Erne tallied eight goals and 18 points with 21 penalty minutes. In 98 career AHL contests, Erne has potted 23 goals and 28 assists with 97 penalty minutes.

Tampa Bay used their second-round choice in 2013 to select Erne from the Quebec Remparts of the QMJHL. In his final season of junior, Erne scored 41 times while recording 45 helpers in 60 contests.

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