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Tampa Bay Lightning Re-Sign Cal Foote

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The Tampa Bay Lightning have re-signed defenseman Cal Foote, the team announced today. The two-year deal carries an average annual value of $850,000. The 22-year-old defenseman will be a bargain for Tampa for now, but has the upside to grow into another impact player (and problematic contract situation) over the course of the next two years.

A first-round pick in 2017, Foote may be the only elite prospect in the entire Lightning organization, who have given picks away left in right in recent years en route to back-to-back Stanley Cup titles. The team is happy to have him, especially since he looks primed to take a step forward this season with even more opportunity on the Tampa blue line. After skating in 35 games last season, Foote only needs to stay healthy and outplay veterans like Jan Rutta and Zach Bogosian and he could be looking at 82 games this year.

A well-rounded defenseman with good size, Foote does not need to be pigeonholed into a certain role for the Bolts. The youngster can hit and block shots and hold his own in the defensive end. He can also move the puck and produce offense. Although Foote only contributed three points in 35 games last year, it was in very limited minutes and affected by a low shooting percentage that should improve. There is a reason why some expected Tampa to make a side deal to protect Foote from Expansion and why others thought the Seattle Kraken would take him; beyond just his age, Foote’s skill set projects top-four upside.

Corey Perry Signs With Tampa Bay Lightning

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The Tampa Bay Lightning have bolstered their depth, signing veteran forward Corey Perry to a two-year contract. ESPN’s Kevin Weekes was the first to report the signing. Daily Faceoff’s Frank Seravalli reports the contract carries an average annual value of $1MM.

The old adage of “if you can’t beat ’em, join ’em” stands strong here. Perry joins the Lightning after losing to the team in two consecutive Stanley Cup Finals (with Dallas in 2020, Montreal in 2021). Now 36 years old, the former Rocket Richard winner and league MVP has seen somewhat of a career renaissance after a messy end to his time with the Anaheim Ducks. After being bought out at the end of the 2018-19 season due to a combination of injuries and declining play, Perry’s scored 14 goals and 42 points in 106 games over the past two seasons. He’s kept up that same rate of production in the playoffs – nine goals and 19 points in a whopping 49 playoff contests since leaving Anaheim.

Perry is still a reliable bottom-six talent, and he’ll add to what should be a rotating cast of bottom-six wingers for the Lightning. After losing their entire checking line of Blake Coleman, Yanni Gourde, and Barclay Goodrow due to salary cap restraints, the team’s bottom six will take on a fresh look next season. They’ve already added one veteran presence, signing Pierre-Edouard Bellemare yesterday. Bellemare and Perry will provide competition for a cast of young Tampa forwards that include Ross Colton, Alex Barre-Boulet, Mathieu Joseph, and Mitchell Stephens. When three-time Stanley Cup champion Pat Maroon is added to that list, it quickly becomes apparent that there’s no guarantee Perry plays every night for the Lightning. However, a healthy and well-rested Perry is still an important piece of a three-peat puzzle for Tampa, especially come playoff time.

Brayden Point Signs Eight-Year Extension

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The Tampa Bay Lightning continue to lock up their key players. On the first day it was possible, the Lightning have signed Brayden Point to an eight-year contract extension worth a total of $76MM. That will take him to an average annual value of $9.5MM for the 2022-23 campaign after his current deal expires. GM Julien BriseBois was clear in his praise of the young forward:

Brayden is a key contributor to the Lightning’s success and one of the most dynamic players in the NHL. To be able to agree to terms with him on a long-term contract is great news for our organization going forward. Not only is Brayden a skilled player, he is also a fierce competitor who fits in well with the pedigree of our team. Our organization looks forward to having him be a big part of this team for many years to come.

Pierre LeBrun of The Athletic reports the full breakdown of salary and signing bonuses for Point:

  • 2022-23: $3.5MM salary + $5.5MM signing bonus
  • 2023-24: $5.0MM salary + $6.25MM signing bonus
  • 2024-25: $5.0MM salary + $7.0MM signing bonus
  • 2025-26: $5.0MM salary + $7.0MM signing bonus
  • 2026-27: $4.0MM salary + $5.75MM signing bonus
  • 2027-28: $3.0MM salary + $4.6MM signing bonus
  • 2028-29: $3.0MM salary + $4.2MM signing bonus
  • 2029-30: $3.0MM salary + $4.2MM signing bonus

Point, 25, was available to every team in the NHL during the 2014 draft, but it was Tampa Bay that used the 79th overall pick on him. Two years later he would debut with the club during the 2016-17 season, scoring 18 goals and 40 points en route to finishing tenth in the Calder Trophy voting. It was an impressive rookie season, but still, no one could guess at the level of play the Lightning were about to receive from their undersized center. The following year, he recorded 32 goals and 66 points, becoming the third star forward in Tampa Bay behind Nikita Kucherov and Steven Stamkos. A 92-point campaign and then two straight Stanley Cups came after that, establishing Point as a legitimate superstar and one of the very best centers in the entire league.

Even with a $76MM deal, Point appears to be taking a discount to stay with Tampa Bay. He will match the deals signed in 2018 by Kucherov and 2019 by Andrei Vasilevskiy, tying them for the 15th highest cap hit in the NHL with players like Mark Stone, Alex Ovechkin, and Jamie Benn. That $9.5MM appears to be something of an internal limit for the Lightning, one that has allowed them to build an incredibly dominant team.

Signed through the end of the decade, Point will be in his mid-thirties by the time he reaches free agency again. That means there is at least a decent chance that he spends his entire career in Tampa Bay. If he does, Point very well could go down as one of the best players in franchise history. This core group—Point, Kucherov, Stamkos, Vasilevskiy and Victor Hedman—has already won two championships but does not appear to be breaking up anytime soon. All five players are under contract for at least three more seasons.

Tampa Bay Lightning Sign Pierre-Edouard Bellemare

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The Tampa Bay Lightning will fill one of their bottom-six forward roles with a well-liked NHL veteran, signing Pierre-Edouard Bellemare to a two-year contract according to Elliotte Friedman of Sportsnet. The deal is expected to carry an average annual value of $1MM.

Bellemare, 36, has played 51 postseason games over the past four years, filling a checking role with the Vegas Golden Knights and Colorado Avalanche. Though his playing career is likely coming to an end relatively soon, he’ll give it at least one more go with the reigning Stanley Cup champions. With the Lightning forced to part with Yanni Gourde, Barclay Goodrow, Tyler Johnson and Blake Coleman due to cap concerns, they needed to find some players to fill the third and fourth line for cheap. Bellemare is a strong candidate, though he’ll likely be lining up beside players more than ten years younger than him.

Undrafted, Bellemare took an interesting path to the NHL, spending several years in the French professional league back home before heading to Sweden for his formative professional years. By the time he debuted in the NHL in 2014, he was already nearly 30 years old. He has never been much of an offensive contributor at this level, but offers unending energy and slick defensive ability in the middle of the ice. The fact that he won more than 60% of his draws this season was surely not lost on the Lightning, whose best faceoff man is a part-time center in Steven Stamkos.

It’s unlikely that Bellemare will be able to replicate the production of any of those four players mentioned above, but the cap-strapped Lightning will have to make due. If they put him in the correct situations, he can still be a valuable addition to any playoff lineup.

Tampa Bay Lightning Announce Several Minor Contracts

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The Tampa Bay Lightning have announced several minor signings to fill out their organizational depth. Gabriel Dumont, Charles Hudon, Darren Raddysh, Andrej Sustr and Maxime Lagace have all signed one-year, two-way contracts today worth the minimum $750K in the NHL.

Raddysh should be a familiar name to Bolts fans, as brother Taylor Raddysh is a Tampa draft pick and budding NHLer. Darren, like Taylor, has not played in the NHL just yet, but has been a productive AHLer. The two could both find themselves in the Tampa Bay lineup this season as the team will be looking for affordable support.

Sustr is another name well-known by Tampa. The veteran defenseman spent the first six seasons of his NHL career with the team before spending a year with the Anaheim Ducks and the past two season in the KHL with the Kunlun Red Star. He returns to the Lightning to play a depth role, likely as no more than a stay-at-home bottom-pair option.

Dumont is yet another former Bolt, having spent parts of two seasons with the team, including a career high 39 NHL games in 2016-17. Dumont and Hudon are both small, shifty forwards with NHL experience and plenty of AHL success and will be good veterans for Tampa in the minors.

Lagace, though largely an AHL netminder, played a significant role for the Vegas Golden Knights in their inaugural season and could do so again if called upon. In his one start for the Pittsburgh Penguins this season, Lagace recorded a 29-save shutout. Likely to be Tampa’s No. 3 in net, the 28-year-old is not a bad depth option for the Lightning.

 

 

 

Zach Bogosian Signs With Tampa Bay Lightning

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After a short stop in Toronto, Zach Bogosian is heading back to the Tampa Bay Lightning. The veteran defenseman has signed a three-year contract with the Lightning that will carry an average annual value of $850K, according to Darren Dreger of TSN.

Bogosian is still just 31, despite debuting way back in 2008 as a teenager. The third overall pick from that year’s draft, he dealt with injury after injury through the first decade of his career, never living up to his potential. Only recently has Bogosian gotten his career back on track, asking the Buffalo Sabres to terminate his contract in 2020 in order to sign with Tampa Bay. He won a Stanley Cup that summer during his first taste of the playoffs, certainly a factor in him returning this time around.

In the interim, he played one season for the Toronto Maple Leafs, stabilizing the team’s third-pairing and penalty kill. After being knocked out in the first round, he’ll take his gear back to Tampa Bay and lock in with one of the best teams in the league at an incredibly low price. In fact, Bogosian is actually taking a pay cut from last season and locking himself into a number only barely higher than the league minimum.

Brian Elliott Signs With Tampa Bay Lightning

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The Tampa Bay Lightning will bring in a new veteran backup for Andrei Vasilevskiy, signing Brian Elliott according to Elliotte Friedman of Sportsnet. The one-year deal is worth $900K according to Andy Strickland of Bally Sports Midwest.

Elliott, 36, is coming off of a difficult season in Philadelphia in which he was asked to do more than expected behind a struggling Carter Hart and faltered, recording an .889 save percentage and 3.06 GAA. However, there is reason to believe that things will be much different for the veteran in Tampa. He will have a much more reduced role for the Bolts behind workhorse Andrei Vasilevskiy, arguably the best goaltender in the NHL right now. He will also be playing behind a stout Tampa defense that just won back-to-back Stanley Cups. With less responsibility and more protection, Elliott could return to form. A veteran of 502 NHL games over 14 years, Elliott has a career save percentage of .910 and GAA of 2.53.

The value of this deal works out nicely for the cap-strapped Lightning. Barring an injury to Vasilevskiy, the Lightning do not need to ask much of their backup, yet were paying Curtis McElhinney $1.3MM for numbers that were no better than Elliott’s. Filling his vacancy with a respected vet for under $1MM is a savvy move for the team, especially when backup goalies have had high price tags today.

Chicago Blackhawks Acquire Tyler Johnson

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The Chicago Blackhawks have made another trade, acquiring Tyler Johnson from the Tampa Bay Lightning. The Lightning will also be sending a 2023 second-round pick, while Chicago will send Brent Seabrook’s contract back to Tampa Bay. Seabrook is not expected to play again, meaning his contract can be moved to long-term injured reserve. Pierre LeBrun of The Athletic reports that there was no salary retained in the deal. Tampa Bay GM Julien BriseBois released a short statement about the move:

I’d like to personally thank Tyler for what he has meant to this organization over the past nine years since he joined the Lightning as an undrafted free agent. He played a pivotal role in the success the team has enjoyed and will forever be remembered as two-time Stanley Cup Champion with the Bolts. We wish him all the best in Chicago.

Not only does moving Johnson’s contract open up $5MM in cap space for the Lightning, but acquiring Seabrook’s doesn’t really cause them much issue. It will be tricky, managing the cap without accruing any space during the regular season while in LTIR, but the Lightning have shown they are more than willing to operate in that manner, acquiring dead contracts like Anders Nilsson and Marian Gaborik in the past. The team now essentially has cleared Johnson’s entire $5MM in cap space, though the machinations of LTIR will force them into very specific moves as the season approaches.

Still, ridding themselves of Yanni Gourde through the expansion draft and Johnson through this trade has basically fixed the Lightning’s cap issues, giving them some wiggle room to fill out the depth chart.

So quickly things change in Chicago though, as now Seabrook and fellow franchise icon Duncan Keith are both gone from the organization. Just a year ago Seabrook’s contract looked like one of the worst in the league, but now that he’s not expected to play again, it actually became an asset for the Blackhawks. They added a second-round pick while also landing a player who can help them next season without giving up anything of real value.

Johnson, 30, has three years left on his contract and should actually see an offensive uptick with increased usage in Chicago. Buried behind a long list of offensive talents in Tampa Bay, he’s not so far removed from the 29-goal season he had in 2018-19. In fact, there was a time when Johnson was among the Lightning’s best players, even leading the team in scoring with 72 points in 2014-15. While that might be a lofty goal to return to, he’s still an effective player that should help the Blackhawks compete for the playoffs next season. Add in that he’s now coming off back-to-back Stanley Cup championships and his $5MM cap hit starts to look awfully reasonable.

Tampa Bay Lightning Sign Otto Somppi

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The Tampa Bay Lightning have signed Otto Somppi to a one-year, two-way contract, avoiding restricted free agency as his entry-level contract was set to expire. The young forward was one of the players who received a qualifying offer from the Lightning yesterday.

Somppi, 23, was originally selected in the seventh round by the Lightning back in 2016, but has been brought along by their development system to the point where he could contribute at the NHL level soon. In 32 games with the Syracuse Crunch last season, the 6’2″ forward scored 12 goals and 26 points. That minor league season came after he played a few games back in Finland, where he added three points for the Lahti Pelicans.

It’s not that Somppi is going to be an NHL star, but if the Lightning can squeeze even a handful of NHL games out of him it will be another win for their scouting and development program. When he was picked in 2016, just six spots from the end of the draft, he had only completed one season in the QMJHL, where he scored 13 goals and 46 points in 59 games. That point total didn’t even improve in his second year with the Halifax Mooseheads, but after a breakout 2017-18 he earned his entry-level deal and turned pro. Time in the ECHL and limited minutes in the AHL were first, but now he’ll return to Syracuse as a key member of their forward group, waiting for his first NHL opportunity.

Free Agent Focus: Tampa Bay Lightning

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Free agency is now just a few days away and many teams are already looking ahead to when it opens up.  There will be several prominent players set to hit the open market in late July while many teams have key restricted free agents to re-sign as well. The Lightning have cleared a little bit of money through expansion, but still don’t have much to retain their pending free agents.

Key Restricted Free Agents

F Ross Colton – At the bottom of every Stanley Cup roster, there are always a few homegrown players that provide depth for a bargain bin cost. The Lightning have proven their development system can create NHL players out of almost anyone, and they did it again for fourth-round pick Ross Colton. The 24-year-old forward had 13 goals in 53 combined games, but none bigger than the one on July 7, tapping home a David Savard pass to put the Lightning ahead of the Montreal Canadiens. It would end up being the only goal they needed, meaning whatever happens from here, Colton has a Cup-winning goal on his resume. As an arbitration-eligible restricted free agent he may deserve a slight raise, but the Lightning simply don’t have the budget for one. It will be interesting to see if they can fit him in for really anything more than the $750K league minimum at this point.

D Cal Foote – Many were surprised last week when the Seattle Kraken decided to take Yanni Gourde in expansion instead of Foote. The 22-year-old defenseman was the 14th overall pick in 2017 and made his NHL debut this year, playing 35 games during the regular season. After some deadline additions, he failed to suit up for any playoff games, but will be in the running for the third pairing again next season. In fact, with Savard and Luke Schenn both pending free agents, the Lightning have only five defensemen under contract for the 2021-22 campaign. Foote’s opportunity is right in front of him, by accepting a short-term, low-salary deal (even potentially his qualifying offer) he stands the best chance of being in the NHL lineup every day.

Other RFAs: F Alex Barre-Boulet, F Taylor Raddysh, F Otto Somppi, F Boris Katchouk, F Ryan Lohin, D Sean Day

Key Unrestricted Free Agents:

F Blake Coleman – The value of a quality bottom-sixer is already in full view when linemate Barclay Goodrow signed a six-year, $21.85MM deal with the New York Rangers, and many would say Coleman is the better player. In fact, he might prove to be more than just a bottom-six free agent this summer, he might be the bottom-six free agent. A swiss army knife that can basically play any position on any line, Coleman has scored 13, 22, 21 and 14 goals in his four full NHL seasons, this year’s total coming in just 55 games. He can play in a scoring role, he’s one of the best penalty killers in the league, can create offense by himself thanks to blazing speed, and is physical enough to excel in the playoffs. It’s hard to not see Coleman getting a huge contract in the open market, given the term and money committed to Goodrow already. Zach Hyman–who may have some better offensive numbers thanks to his role in Toronto–is a relatively good comparison for Coleman and is on the verge of signing a seven-year deal in Edmonton.

D David Savard – Acquired at the deadline in a savvy salary cap move, Savard was exactly what the Lightning expected down the stretch and through the playoffs. Steady, quiet, play from the right side, Savard is the kind of second-pairing rock that every team could use. He doesn’t post incredible possession statistics, scored just six points this season and turns 31 in October, but you can bet there is a multi-year deal waiting for Savard that will price him out of Tampa Bay’s range. The four-year, $16MM contract that Adam Larsson signed in Seattle should be a good comparable, though the Kraken had the added benefit of negotiating against no one but Edmonton. It certainly wouldn’t be surprising to see Savard pass that number or even secure a longer deal after playing a key role en route to a Stanley Cup championship.

Other UFAs: F Luke Witkowski, F Boo Nieves, D Luke Schenn, D Brian Lashoff, D Ben Thomas, D Andreas Borgman, G Christopher Gibson, G Curtis McElhinney, G Anders Nilsson (retired),

Projected Cap Space

At least the Lightning are technically under the cap again after losing Gourde and seeing so many others scheduled for free agency. The team has over $80.7MM committed to just 17 players, meaning there will be more moves coming at some point. At least one and maybe two of the team’s expensive forwards will need to go, while the restricted free agents will have to sign for cheap or pack their bags. That’s the cost of putting together a two-time Stanley Cup roster, and there are drastic changes coming in Tampa Bay before the start of next season.

Photos courtesy of USA Today Sports Images.  Contract information courtesy of CapFriendly.

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