Salary Cap Deep Dive: Tampa Bay Lightning
Navigating the salary cap is one of the more important tasks for any GM. 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 2019-20 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 Cap Hit: $79,773,331 (under the $81.5MM Upper Limit)
Entry-Level Contracts
D Mikhail Sergachev (one year, $894K)
F Alexander Volkov (one year, $864K)
F Mitchell Stephens (one year, $833K)
F Anthony Cirelli (one year, $728K)
F Mathieu Joseph (one year, $728K)
D Erik Cernak (one year, $698K)
Potential Bonuses
Sergachev: $850K
Cirelli: $183K
Joseph: $183K
Cernak: $148K
The Tampa Bay Lightning have done exceedingly well with their young players as they always seem to have key contributors filling out their roster who are on low-cost salaries. Unfortunately for the team all of those entry-level contracts will be expiring after this season. However, for a team that is fighting for a Stanley Cup title, the Lightning should be happy to have several of these players around for this year.
At the top of the list is Sergachev, who came over in the Jonathan Drouin trade a couple of seasons ago. Sergachev has improved greatly, but is still battling for a top-four role, one which he may win this season as he continues to develop his skills. The 21-year-old already has 15 goals and 72 points over two seasons, but spent most of his time last year as a third-line option for Tampa Bay. The team hopes he can win a spot on the first line and earn some power play time to allow his offensive skills to kick in for the Lightning. Another strong season could force Tampa Bay to pay up significantly for him. The team also got some impressive play from Cernak last season who came up and found a permanent home with his physical play.
Cirelli and Joseph have made an impact for Tampa Bay as well. After an solid stint back in 2017-18, Cirelli had a breakout season, scoring 19 goals and 39 points last season and could take another step up this season with J.T. Miller gone. Joseph surprised quite a few when he made the team last year out of training camp, posting 13 goals and 26 points in a third-line role most of the time. The opportunities may continue to increase for the 22-year-old who has showed a hard-working mentality as well as solid skill.
Both Stephens and Volkov are in their last year of their entry-level contract, but both could see time up with the Lightning at some point this season.
One Year Remaining, Non-Entry-Level
G Mike Condon ($2.4MM, UFA — buried at $1.33MM)
D Kevin Shattenkirk ($1.75MM, UFA)
D Jan Rutta ($1.3MM, UFA)
G Louis Domingue ($1.15MM, UFA) — buried at $75K)
F Pat Maroon ($900K, UFA)
F Danick Martel ($700K, RFA)
D Luke Schenn ($700K, UFA)
In their pursuit of a Stanley Cup, the team went out and acquired some veteran players to help the team for this year. They signed Shattenkirk immediately after being bought out from the New York Rangers to give the team a key veteran after they lost Anton Stralman and Dan Girardi in the offseason. The team hopes Shattenkirk can find his game and stay healthy this year and be able to provide quality minutes. They also hope Schenn can provide solid depth and physicality at the bottom of their lineup. On offense, the team also went out and signed Maroon to add some grit to their fourth line after the team lost Ryan Callahan to injury. Callahan was very productive in his time with the Lightning, but injuries derailed his last couple of years.
To unload the final year of Callahan’s contract, the Lightning traded him to Ottawa and were forced to accept Condon, who the team has already buried in the minors to give the team more cap flexibility. Domingue has been buried in the AHL as well.
Two Years Remaining
D Braydon Coburn ($1.7MM, UFA)
F Cedric Paquette ($1.65MM, UFA)
G Curtis McElhinney ($1.3MM, UFA)
D Luke Witkowski ($700K, UFA)
Despite a solid backup in Domingue, the Lightning surprised quite a few people when they inked McElhinney to a two-year deal, plucking him away from a number of interested teams. The 36-year-old veteran had an impressive season after being claimed by Carolina at the beginning of last season. McElhinney appeared in 33 games, picking up 20 wins with a 2.58 GAA and a .912 save percentage. The hope is the veteran will provide some extra insurance and maybe take some of the workload off the starter this season.
The team also has high hopes that bringing back Coburn as well as a gritty multi-versatile player like Witkowski will give Tampa Bay some much needed depth on their blueline.
Three Years Remaining
F Brayden Point ($6.75MM, RFA)
F Ondrej Palat ($5.3MM, UFA)
The Lightning has done exactly what it wants to do with Point, which was get him signed to a three-year bridge deal, something the team does with all its players before locking them up to long-term deals. Now the team has three more years to evaluate him before they have to lock him up to a long-term deal. The deal is actually quite reasonable, considering how much the center has excelled in each of his three seasons. Point’s rookie season was solid with 18 goals, but that number increased to a 32-goal campaign in 2017-18 and he followed that up with a 41-goal, 92-point season last year, making him one of the top young forwards in the game. Regardless, the team was able to sign him for a reasonable cost, giving the Lightning another strong presence at a discounted rate.
On the other hand, Palat may be the opposite of Point. Having struggled with injuries the past couple of seasons, the 28-year-old has appeared in just 120 out of 164 games over the past two seasons and scored a disappointing eight goals in 64 games last year as he’s slipped to a third-line role after a promising 23-goal rookie season back in 2013-14. Since then he’s scored in the teens, but has seen those numbers dip even further with his injury history. Unfortunately, at $5.3MM, the team hopes he can get healthy and rebound as he would be a hard player to find a trade partner for.
Four Or More Years Remaining
F Nikita Kucherov ($9.5MM through 2026-27)
F Steven Stamkos ($8.5MM through 2023-24)
D Victor Hedman ($7.88MM through 2024-25)
D Ryan McDonagh ($6.75MM through 2025-26)
F Yanni Gourde ($5.17MM through 2024-25)
F Tyler Johnson ($5MM through 2023-24)
F Alex Killorn ($4.45MM through 2022-23)
G Andrei Vasilevskiy ($3.5MM in 2019-20; $9.5MM through 2027-28)
The team has done a phenomenal job of signing their top talent. Kucherov is arguably one of the top three players in the league and is now just starting his eight-year contract at a reasonable $9.5MM. The 26-year-old scored 41 goals and 128 points to win the Hart Memorial Trophy, Art Ross Trophy and the Ted Lindsay Award and should be one of the greats for the Lightning for a long time. Stamkos also continues to put up big numbers for someone whose $8.5MM deal looks pretty good. He potted 45 goals last season and a career-high 98 points, which gives Tampa Bay an impressive one-two punch, which doesn’t even include Point.
The Lightning also has quite a bit tied up into their top two defensemen in Hedman and McDonagh. Hedman is one of the top defensemen in the league, only a year removed from winning the Norris Trophy in 2017-18. He posted an impressive 12 goals and 54 points last season and remains in his prime. It’s too early to see how he will fare as he gets older as his contract will run through his age-34 season. But by the time Hedman truly slows down, there shouldn’t be that much time remaining on his deal. As for McDonagh, the team’s second-best defenseman still posted solid numbers, nine goals and 46 points. However, he is two years older than Hedman and has a seventh year remaining on his contract, meaning he’ll be 37 in his final season, which suggests that his contract could become an issue even in just a few years.
As for Gourde, Johnson and Killorn, the team hopes that with the salary cap likely rising over the next few years, those role players’ deals will still look good, if not very good as they age. All have become solid contributors as middle-six players and hopefully will give the team good value over the next four or five years.
Buyouts
D Matt Carle (1.83MM in 2019-20)
Retained Salary Transactions
None
Still To Sign
None
Best Value: Point
Worst Value: Palat
Looking Ahead
The job that Steve Yzerman has done to get the franchise to this point, which might be one of the most impressive organizations that have been built, is impressive and the hope that Julien BriseBois will continue that success in Tampa Bay. The team had an amazing regular season a year ago, but a quick exit in the playoffs left many to wonder whether the team is as good as many think. However, BriseBois has done a good job bringing in some more veterans as well as some grit in hopes that this offensive team doesn’t get pushed around too much this year.
Photo courtesy of USA Today Sports Images.
Evening Notes: Officials, OHL, Capitals
The focus of late has been on peaceful collective bargaining talks between the NHL and NHLPA. The players’ association formally declined their opt-out on Monday, extending the current CBA through the 2021-22 season, while the two sides continue to work toward a new agreement. Meanwhile though, the league has been embroiled in another labor negotiation. The NHL Officials’ Association watched their deal with the NHL expire at the end of August and the two groups have been working hard to come to a resolution before the puck drops on a new season. Fortunately, a deal has been made with time to spare. Sports Illustrated’s Michael Farber was the first to report that the terms of a new agreement have been agreed for the NHL’s referees and the deal needs only to be ratified by the Officials’ Association. While neither side has confirmed the new agreement, TSN’s Pierre LeBrun also hears that a resolution has been reached, adding that it is a four-year term. Luckily, the NHL won’t have to deal with replacement referee any time soon, a debacle that played out poorly for the NFL in 2012.
- The Ontario Hockey League began their regular season today and the league announced Opening Night rosters for each of its 20 teams. While many of the biggest names in the OHL are still competing in NHL training camps, many have already been returned to their clubs to start the junior season on time. Ontario will also be home to three of the biggest names in the 2020 NHL Draft class: forwards Quinton Byfield (Sudbury Wolves) and Cole Perfetti (Saginaw Spirit) and defenseman Jamie Drysdale (Erie Otters). After a down year for the OHL – and Canada as a whole – in last year’s draft, this promises to be a bounce-back year with plenty of draft-eligible talent to watch.
- Drysdale’s team, the Erie Otters, also started off the season with an exciting announcement. The team revealed a new ten-year lease agreement with the Erie Insurance Arena, keeping the team in the Pennsylvania city through the 2028-29 season. The decision was likely a no-brainer for the city of Erie. The Otters have been one of the top junior teams in all of the CHL over the last decade, winning the 2016-17 OHL Championship and producing the likes of Alex DeBrincat, Dylan Strome, Anthony Cirelli, and, of course, Connor McDavid. The “McDavid Era” vaulted the popularity of the Otters and has created a nice fan base in Erie.
- The Washington Capitals have cut two junior players from training camp, but won’t return them to their clubs just yet (if at all). Both Kody Clark and Riley Sutter, a second- and third-round pick respectively in 2018 and both part of famous hockey families, are no longer competing for an NHL roster spot. However, the team announced that they have been assigned to minor league camp with the Hershey Bears for now. Why? Both players are dealing with injuries and will continue to rehab under the supervision of the Washington medical staff before likely heading back to junior. Clark and Sutter are both currently battling upper-body injuries, but should be back competing in the CHL soon, with a possibility they stick in Hershey.
Hockey Canada Announces 2019 IIHF World Championship Roster
The 2019 IIHF World Championship will begin next month, and Hockey Canada has finally announced their roster for the tournament. 22 players were named to the group (that could be increased to 25), including many that have represented the team at international events in the past. The full roster is as follows:
G MacKenzie Blackwood
G Matt Murray
G Carter Hart
D Thomas Chabot
D Brandon Montour
D Troy Stecher
D Damon Severson
D Shea Theodore
D Darnell Nurse
D Dante Fabbro
F Jon Marchessault
F Anthony Cirelli
F Mark Stone
F Tyler Bertuzzi
F Anthony Mantha
F Sam Reinhart
F Mathieu Joseph
F John Tavares
F Kyle Turris
F Dylan Strome
F Adam Henrique
F Sean Couturier
Poll: Who Will Win The Calder Trophy In 2018-19?
The Athletic’s NHL Draft and prospects guru Scott Wheeler has released the first definitive list of candidates for the Calder Trophy in 2018-19, and the order may surprise some people. Admittedly, the list is in the context of fantasy hockey, but Wheeler’s rankings are true to how he thinks Calder voting will unfold if each rookie hits their stat projections. As such, it’s not this year’s first overall pick, Buffalo Sabres defenseman Rasmus Dahlin, at the top of the list, but presumptive top-six center for the Vancouver Canucks, Elias Pettersson. Pettersson will be put in a much better position to rack up points than will Dahlin, the next-best candidate, as potentially one of the three best scoring forwards for the Canucks and traditionally productive forwards have a better shot at the Calder than (relatively) equally productive defensemen.
Coming in at number three is Boston Bruins forward Ryan Donato, who led both the NCAA and Olympics in goals last season and will look to win a top-six role for Boston and continue to find the back of the net at an alarming rate. Playing alongside either Brad Marchand and Patrice Bergeron or David Krejci and Jake DeBrusk is an easy way for Donato to quickly become an elite scorer at the NHL level. The fourth-ranked candidate is second overall pick Andrei Svechnikov of the Carolina Hurricanes, who – like Pettersson – will be given an immense amount of responsibility right away as a top-six winger who is arguably already one of the three most skilled forwards on the team. However, Svechnikov is one of three Hurricanes rookies on Wheeler’s list, which could take away from his case. Rounding out the top five is Dahlin’s fellow rookie in Buffalo, center Casey Mittelstadt, who scored at nearly a point-per-game pace in the college ranks and in a brief stint with the Sabres to end the year. Mittelstadt should face favorable match-ups this season with the lines anchored by Jack Eichel and Patrik Berglund drawing considerable attention from the opposition.
Wheeler’s top twenty Calder Trophy candidates are as follows:
- C Elias Pettersson, Vancouver Canucks
- D Rasmus Dahlin, Buffalo Sabres
- RW Ryan Donato, Boston Bruins
- RW Andrei Svechnikov, Carolina Hurricanes
- C Casey Mittelstadt, Buffalo Sabres
- RW Filip Zadina, Detroit Red Wings
- C Dylan Strome, Arizona Coyotes
- C Henrik Borgstrom, Florida Panthers
- C Martin Necas, Carolina Hurricanes
- D Miro Heiskanen, Dallas Stars
- RW Dylan Sikura, Chicago Blackhawks
- RW Eeli Tolvanen, Nashville Predators
- C Filip Chytil, New York Rangers
- LW Brady Tkachuk, Ottawa Senators
- LW Valentin Zykov, Carolina Hurricanes
- RW Kailer Yamamoto, Edmonton Oilers
- C Anthony Cirelli, Tampa Bay Lightning
- LW Kristian Vesalainen, Winnipeg Jets
- C Sam Steel, Anaheim Ducks
- RW Vitaly Abramov, Columbus Blue Jackets
Honorable Mentions: C Vladislav Kamenev, Colorado Avalanche; LW Jordan Greenway, Minnesota Wild; C Robert Thomas, St. Louis Blues; LW Andreas Johnsson, Toronto Maple Leafs; C Michael Rasmussen, Detroit Red Wings; C Lias Andersson, New York Rangers; D Sami Niku, Winnipeg Jets; D Evan Bouchard, Edmonton Oilers; RW Daniel Sprong, Pittsburgh Penguins
What do you think? Who will be the NHL’s Rookie of the Year and take home the Calder Trophy at the end of the season? The favorite? The first overall pick? Another top candidate? Or a name not even mentioned here?
Who Will Win The Calder Trophy In 2018-19?
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Pettersson 16% (204)
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Dahlin 14% (185)
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Zadina 11% (144)
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Donato 10% (127)
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Mittelstadt 7% (89)
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Heiskanen 6% (83)
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The Field - comment below 6% (79)
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Svechnikov 6% (74)
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Chytil 4% (55)
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Tkachuk 3% (45)
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Sikura 3% (37)
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Vesalainen 2% (29)
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Strome 2% (25)
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Yamamoto 2% (24)
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Tolvanen 2% (22)
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Steel 2% (22)
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Cirelli 1% (15)
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Borgstrom 1% (11)
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Abramov 1% (8)
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Necas 1% (7)
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Zykov 0% (2)
Total votes: 1,287
Salary Cap Deep Dive: Tampa Bay Lightning
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
Eastern Notes: Kane, Budaj, Sanheim, Reaves
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.
Anthony Cirelli Recalled By Tampa Bay Lightning
One might think that after trading away so much young talent on Monday, that the Tampa Bay Lightning prospect cupboards could look a little bare. After all, they dealt both Brett Howden and Libor Hajek, two prospects who would be considered among the best of most teams around the league. Those assuming an empty cupboard though, would be mistaken.
Today, the Lightning have recalled Anthony Cirelli from the Syracuse Crunch and he is expected to make his NHL debut tonight against the Dallas Stars. Cirelli is leading the Crunch—one of the AHL’s best teams—in scoring this season with 37 points through 51 games, his first (full-season) taste of the professional level. The 20-year old is extremely polished, and looks ready to take the next step and contribute at the NHL level.
Cirelli was selected 72nd-overall in 2015 after just a single season in the OHL, but quickly showed that he should have been taken much higher. In his second season for the Oshawa Generals, he was named captain after Islanders’ prospect Michael Dal Colle was traded midseason, and last year he was a big part of the silver medal-winning World Junior squad for Canada. Cirelli was tasked with a checking role for the squad, but still managed to contribute seven points in seven games.
Now, the Lightning will give him his first taste of NHL hockey where he can start to make an impact as a two-way presence in the bottom of their lineup. Though his game still has some growing to do, he’s a rare prospect that is expected to be as reliable defensively as they are exciting offensively. For the Lightning, who are trying to fend off the Boston Bruins and Toronto Maple Leafs for top spot in the Atlantic Division, an injection of young talent could be just what the doctor ordered.
Michael Bournival has been returned to Syracuse, and Cirelli’s call-up is under emergency conditions. That means he won’t count towards Tampa Bay’s four post-deadline recalls, unless they decide to keep him after players come back from injury.