Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Lightning Rumors

2024 Salary Arbitration Tracker

at CDT | by Leave a Comment

It has been a quieter year on the salary arbitration front across the NHL.  After 23 players filed last summer, just 14 did this time around.  As expected, most have settled so far with a few hearings still pending.  Here’s a rundown of who has settled and who still needs to sign.

Updated 7/30/24, 1:07 p.m.

Contracts Settled

D Jake Christiansen (Blue Jackets) – one year, $775K (two-way agreement)
F Connor Dewar (Maple Leafs) – one year, $1.18MM
F Jack Drury (Hurricanes) – two years, $3.45MM
D Ty Emberson (Sharks) – one year, $950K
G Jet Greaves (Blue Jackets) – two years, $1.625MM (two-way in 2024-25, one-way in 2025-26)
F Ukko-Pekka Luukkonen (Sabres) – five years, $23.75MM
F Beck Malenstyn (Sabres) – two years, $2.7MM
D J.J. Moser (Lightning) – two years, $6.75MM
F Joe Veleno (Red Wings) – two years, $4.55MM
F Oliver Wahlstrom (Islanders) – one year, $1MM
F Kirill Marchenko (Blue Jackets) – three years, $11.55MM
F Martin Necas (Hurricanes) – two years, $13MM
D Ryan Lindgren (Rangers) – one year, $4.5MM

Contracts Awarded

D Spencer Stastney (Predators) – two years, $1.675MM (two-way in 2024-25, one-way in 2025-26)

Scheduled Hearings

none

A reminder of some of the arbitration rules for the upcoming potential hearings:

  • A player and team can settle on a deal at any point before the hearing starts.
  • Once the hearing has taken place, the arbitration decision must be issued by email within 48 hours.
  • Arbitration awards can only be one or two years in length. (Players who are in their final year of restricted free agency are only entitled to a one-year agreement from an arbitrator.)
  • The team decides on the awarded term as these were all player-elected filings.
  • The team can walk away from the arbitration decision if a contract with an average annual value of more than $4.74MM is awarded.

Worth noting is that teams who have someone file for arbitration will receive a second buyout window three days after their final contract is settled or awarded.  The window lasts for 48 hours and the only eligible players to be bought out in this timeframe are those who have an AAV of $4MM or more and were on that team’s reserve list at the trade deadline back in March.

NHL Teams Facing Fall Cap Crunches

at CDT | by 1 Comment

There’s still plenty of time for NHL teams to sort out their active rosters and salary cap pictures this summer. After all, teams can exceed the $88MM upper limit by up to 10% during the offseason, and training camps are still nearly two months away.

Still, this year’s early July rush means that all the notable contracts for this season, at least in terms of salary cap impact, have likely already been handed out. It’s left a handful of teams with projected rosters that sit over the cap or, in one very peculiar case, right at it.

These teams must use a mix of long-term injured reserve placements, trades, and waivers to become cap-compliant before opening night. Per PuckPedia, here are the teams currently pacing to boast a projected cap hit above $88MM.

Washington Capitals

($98.27MM projected cap hit, $10.27MM above upper limit)

The Capitals have been one of the league’s most active teams this summer, making a pair of impact additions up front with Pierre-Luc Dubois and Andrew Mangiapane. They also reshaped their blue line, shipping out serviceable veteran Nick Jensen as part of a package to the Senators to pick up the younger, higher-upside Jakob Chychrun while also replacing Jensen’s shutdown role in free agency with the signing of Matt Roy.

They also went for cost-effectiveness with their goaltending duo, shipping out Darcy Kuemper and his $5.25MM cap hit to the Kings in the Dubois trade before acquiring serviceable tandem netminder Logan Thompson from the Golden Knights, who carries a cap hit of just $767K.

These moves have still left them with a handful of bloated deals for their veterans. But the biggest one of them all won’t be an issue. 36-year-old Nicklas Bäckström is entering the final season of his five-year, $46MM deal with a $9.2MM cap hit, but he’s not expected to play again due to lingering hip issues.

While many teams will look to avoid using LTIR to be cap-compliant to start the season, the Caps won’t be one of them. Bäckström will remain there as he did last season, but placing him on LTIR won’t be enough on its own to bring Washington’s total projected cap hit back under $88MM.

They’d still need to clear a little over $1MM in space, which begs the question of T.J. Oshie’s health. The 37-year-old winger is also entering the final season of his contract at a $5.75MM cap hit, and a wide variety of injuries limited him to 52 games last season. As of earlier this month, Oshie said he hasn’t found a long-term solution to his recurring back issues that would allow him to comfortably play in 2024-25.

If nothing changes between now and September, Oshie could also land on LTIR, making them cap-compliant for opening night. But Washington would need to be reasonably confident that he’ll miss the entire campaign to avoid making any other cap-shedding moves, as they’d need to have space to activate him off LTIR if he becomes healthy enough to return to play.

Vegas Golden Knights

($91.64MM projected cap hit, $3.64MM above upper limit)

Unlike the Capitals, the Golden Knights were conservative in their offseason moves. Their cap crunch forced them to walk away from key offensive contributors Jonathan Marchessault and Chandler Stephenson, among others, and their UFA pickups were limited to reclamation project-type pickups such as Victor Olofsson and Ilya Samsonov.

But like Washington, LTIR is Vegas’ only clear path to cap compliance in September. The status of 33-year-old netminder Robin Lehner remains a relative mystery as he enters the final season of his contract with a $5MM cap hit. He hasn’t played the last two seasons after undergoing hip surgery and hasn’t been seen with the team during that time.

General manager Kelly McCrimmon said in May that it’s likely Lehner will return to LTIR this fall. This would give the Knights about $1.36MM in space in an LTIR pool with a full 23-man roster, as projected by PuckPedia.

Philadelphia Flyers

($88.83MM projected cap hit, $830K above upper limit)

LTIR is a good safeguard for teams who need it to be cap-compliant, but it’s not ideal. Teams who utilize it don’t accrue cap space throughout the season, significantly limiting their flexibility come deadline day.

The Flyers have one LTIR-eligible contract in defenseman Ryan Ellis ($6.25MM cap hit through 2027). They also have Ryan Johansen signed at a $4MM cap hit next season, and his playing status is in doubt due to a hip injury that surfaced after they acquired him from the Avalanche at last year’s deadline. Unfortunately for them, if Johansen remains injured, they also can’t send him to the minors to knock $1.15MM off his cap hit. They attempted to do so last year, but it was reversed by the league after his injury came to light.

But notably, they don’t have any league-minimum contracts projected on their active roster to start the campaign, per PuckPedia. Their cheapest one is Tyson Foerster’s entry-level contract, which boasts a cap hit of $863K. Thus, just one AHL assignment would be enough to make them cap-compliant without placing either Ellis or Johansen on LTIR. There aren’t any obvious candidates, though, as Foerster is coming off a 20-goal campaign and was one of their top two-way forwards last season.

The trade of a depth forward, such as 25-year-old pivot Ryan Poehling ($1.9MM cap hit through 2026), could be something to watch for if general manager Daniel Brière decides he wants to stay out of LTIR.

Edmonton Oilers

($88.35MM projected cap hit, $354K above upper limit)

Unlike the other teams on this list, the Oilers still have some offseason business to handle. RFAs Philip Broberg and Dylan Holloway need new deals, meaning this projected cap hit is artificially low.

Also unlike the others, Edmonton doesn’t have an LTIR-bound contract next season. Considering PuckPedia’s projection above uses a roster size of 21, warranting them only one extra skater, a cap-clearing trade is coming for Edmonton sometime before the puck drops in October.

The most obvious candidate to move is defenseman Cody Ceci, who’s on an expiring contract with a $3.25MM cap hit. It would cost fewer assets to ship out than oft-injured winger Evander Kane, who’s locked in at a $5.125MM price tag for two more years. And with Ceci averaging north of 20 minutes per game for the last three seasons in Edmonton, they might be able to dump him for future considerations without attaching a draft pick to get out of his deal.

Others to watch

  • The Islanders are currently at the $88MM upper limit after settling on a one-year, $1MM contract with Oliver Wahlstrom yesterday, PuckPedia projects. That figure comes using a roster size of 22, forcing international free agent signing Maxim Tsyplakov and his $950K cap hit on an entry-level deal to the minors.
  • The Canucks are within just $16K of the cap after signing Daniel Sprong to a one-year, $975K contract last weekend. But that figure comes with a full 23-player roster projection, giving them a decent amount of flexibility in the case of short-term injuries. They can also place the final season of defenseman Tucker Poolman’s $2.5MM cap hit contract on LTIR if necessary.
  • The Predators are within $600K of the cap with a bare minimum 20-player roster and still have RFAs Juuso Pärssinen and Philip Tomasino to sign. After their big UFA spending spree, they’ll likely move out one of their depth defenders to open up space for an expanded roster, potentially 26-year-old Dante Fabbro (signed at $2.5MM through this season).
  • The Lightning have $730K in projected cap space with one open roster spot. That’s tight, but with room for two healthy extras, they’ll probably start the season with no changes to their projected roster.
  • The same can be said about the defending champion Panthers, who have $767K in space with a roster size of 22.

Hockey Canada Adds Julien BriseBois, Kyle Dubas For 4 Nations Face-Off, Olympics

at CDT | by 6 Comments

Hockey Canada has added Lightning general manager Julien BriseBois and Penguins GM Kyle Dubas to its management group for both the 2025 4 Nations Face-Off and 2026 Winter Olympics, they announced today. BriseBois will serve as an assistant GM, while Dubas will serve as director of player personnel.

For the 4 Nations Face-Off next February, BriseBois and Dubas round out a management group that already includes Bruins GM Don Sweeney and Stars GM Jim Nill, the latter of whom is serving as an associate under Sweeney. The following year, they’ll join Nill and Sweeney for the Olympics, who are serving as assistant GMs under Blues GM Doug Armstrong for the event.

BriseBois, 47, receives his first call to the Canadian national team in any capacity. The longtime Lightning exec has served as Tampa’s GM since 2018, meaning he was at the helm for both of their Stanley Cup wins in 2020 and 2021. Before taking over the top hockey ops position, he’d served as an assistant GM in Tampa while managing their AHL affiliate from 2010 to 2018. His first job in the NHL came with the Canadiens, where he served as their director of hockey operations and later VP of hockey operations from 2003 to 2010 under GM Bob Gainey.

Dubas, 38, is also inexperienced on the international stage, but he does have one tournament under his belt as an assistant GM. He was part of the Canadian front office at the 2024 World Championship, building a squad that reached the bronze medal game but lost to Sweden. It was Canada’s first time without a medal at the Worlds since 2018.

The Ontario native is coming off his first season as GM and president of hockey operations of the Penguins. Before that, he’d served in the Maple Leafs front office since 2014, first as an assistant GM before taking over the top job in 2018.

Lightning Sign J.J. Moser To Two-Year Contract

at CDT | by 6 Comments

2:52 PM: The Lightning have confirmed the signing via a public announcement.

9:18 AM: After electing for salary arbitration on July 5th, defenseman J.J. Moser and the Tampa Bay Lightning have reportedly agreed on a new contract. Sportsnet’s Elliotte Friedman reports the team has signed Moser to a two-year contract worth an AAV of $3.375MM.

According to the report from Friedman, Moser will make $2.7MM during the 2024-25 season and $4.05MM in 2025-26. It will be a significant raise over Moser’s previous contract where he averaged $887K during his entry-level contract.

It will be interesting to see how the Lightning deploy Moser after acquiring him as a part of the package for defenseman Mikhail Sergachev in a draft-day trade with the Utah Hockey Club. During a three-year stint with the Arizona Coyotes, Moser quickly became a part of the team’s top four after making his NHL debut in the 2021-22 NHL season.

Over 205 regular season games with the Coyotes, Moser scored 16 goals and 72 points while averaging over 20 minutes of ice time per night. Moser played in nearly all situations in Arizona and showed flashes of being an effective two-way defenseman but did have some shortcomings on the defensive side of the puck. According to HockeyReference, Moser produced an expected +/- of -35.6 throughout his tenure in the desert — coming out to an average of nearly -12 each season. Additionally, Moser averaged an on-ice save percentage in all situations of 89.5% over his first three seasons, but some of the blame could be shared with a subpar Arizona defensive core.

With Victor Hedman and Ryan McDonagh expected to receive a bulk of the minutes on the left side of Tampa Bay’s blue line crew, Moser should get bumped down to a bottom-pairing role with the Lightning. Although his salary for next year is right on par with a bottom-pairing defenseman, his 2025-26 salary will become a bit rich if Tampa Bay decides to keep him in a similar role.

J.J. Moser Files For Arbitration

at CDT | by 10 Comments

Per Sportsnet’s Elliotte Friedman and originally produced by the National Hockey Leaguer Players’ Association, 14 players have elected for salary arbitration this summer. The deadline for team-elected arbitration is tomorrow. Friedman also notes the arbitration hearings will happen between July 20th and August 4th. To add context, not every one of these players will appear for a hearing with their respective teams as they may continue to negotiate on a new contract. However, each player who elects for salary arbitration is now prohibited from negotiating with other teams or signing an offer sheet. Here is a list of the players that have elected for arbitration:

F Beck Malenstyn (Buffalo Sabres)
G Ukko-Pekka Luukkonen (Buffalo Sabres)
F Martin Necas (Carolina Hurricanes)
F Jack Drury (Carolina Hurricanes)
D Jake Christiansen (Columbus Blue Jackets)
G Jet Greaves (Columbus Blue Jackets)
F Kirill Marchenko (Columbus Blue Jackets)
F Joe Veleno (Detroit Red Wings)
D Spencer Stastney (Nashville Predators)
F Oliver Wahlstrom (New York Islanders)
D Ryan Lindgren (New York Rangers)
D Ty Emberson (San Jose Sharks)
D J.J. Moser (Tampa Bay Lightning)
F Connor Dewar (Toronto Maple Leafs)

Lightning Sign Cam Atkinson

at CDT | by 6 Comments

The Tampa Bay Lightning have signed veteran forward Cam Atkinson to a one-year, $900K contract. Atkinson was bought out of the final year of his deal with the Philadelphia Flyers ahead of free agency, leaving him open to sign with any club.

Tampa Bay continues their streak of eye-raising signings by inking one of the market’s oldest names. Atkinson, 35, struggled to hold onto his groove with the Flyers last season, managing just 28 points in 70 games and earning multiple healthy scratches in the second half of the year. It was a far fall for the acclaimed NHL veteran, especially considering he posted 23 goals and 50 points in 73 games in 2022-23.

But despite recent struggles, Atkinson will be remembered for his years of success with the Columbus Blue Jackets. Atkinson served a prominent top-line role for the Blue Jackets throughout much of the 2010s, routinely challenging the 50 or 60-point mark, on the back of consistent 20-goal scoring. He had a career year in 2016-17, when he managed 35 goals and 62 points in 82 games, only to follow it up with 41 goals and 69 points in 80 games two years later.

Atkinson’s career seems to be on the downswing after a rough year with the Flyers – but his deal in Tampa Bay is certainly low-risk, high-reward. For less than $1MM, the Lightning have added a veteran forward and tremendous goal-scorer. Atkinson could be set for a prime role in the team’s middle-six, where linemates like Brandon Hagel or Anthony Cirelli could help bring his game to the heights it was sat at. That will certainly be what Tampa Bay hopes for, as they look to make up for the absence of franchise legend Steven Stamkos with the additions of Jake Guentzel and Atkinson.

Minor Free Agent Signings: Atlantic Division

at CDT | by Leave a Comment

With over 180 deals signed during the first day of free agency yesterday, some smaller names may have gotten lost in the shuffle. Here’s a list of names that have inked two-way deals with Atlantic Division clubs since the market opened yesterday, per CapFriendly. Some of these may have been included in our main coverage yesterday, while others went under the radar. All contracts carry the league-minimum $775K cap hit unless stated otherwise). Those listed here are likely to begin 2024-25 with each team’s AHL affiliate.

Boston Bruins

F Cole Koepke (one year)
D Jordan Oesterle (two years)
D Billy Sweezey (two years)
F Riley Tufte (one year)
F Jeffrey Viel (one year)

Buffalo Sabres

F Joshua Dunne (two years)
F Mason Jobst (one year)
F Brett Murray (one year)
D Jack Rathbone (one year)
G Felix Sandström (one year)

Detroit Red Wings

F Sheldon Dries (two years)
F Joe Snively (one year)

Florida Panthers

F Rasmus Asplund (one year)

Montreal Canadiens

none

Ottawa Senators

D Jeremy Davies (one year)
F Hayden Hodgson (one year)
F Garrett Pilon (two years)
D Filip Roos (one year)

Tampa Bay Lightning

D Derrick Pouliot (one year)
D Steven Santini (one year)
F Jesse Ylönen (one year)

Toronto Maple Leafs

none

Lightning Sign Victor Hedman To Four-Year Extension

at CDT | by 6 Comments

The Lightning have signed franchise defenseman Victor Hedman to a four-year contract extension worth $8MM per season, the team announced today. The deal kicks in beginning in 2025-26 and will keep him in Tampa through 2028-29.

The extension is signing-bonus heavy and carries a full no-move clause, The Fourth Period’s David Pagnotta reports.

Hedman and the Lightning were headed toward unrestricted free agency next summer, a fate both surely wanted to avoid after watching longtime captain Steven Stamkos depart for the Predators yesterday. Notably, Hedman’s extension is the exact same length and total value as Stamkos’ deal in Nashville. The new deal is a slight raise on his $7.875MM cap hit, which remains in effect for 2024-25 as he plays the final season of the eight-year, $63MM extension he signed in Tampa back in 2016. Hedman, 33, will now be 38 years old when his contract runs out.

Hedman, drafted second overall in 2009, remains Tampa’s undisputed top blue liner and is arguably the second-best talent in franchise history behind Stamkos. They don’t win back-to-back Stanley Cups in 2020 and 2021 without the 6’7″ Swede, who was crowned the Conn Smythe winner the first time around. He was a Norris finalist in every season from 2016-17 to 2021-22 (winning in 2017-18), a span in which he recorded 85 goals, 289 assists, 374 points and a +117 rating while averaging 24:34 across 428 games played.

Two years ago, however, it looked like Hedman’s decline might have started early. 2022-23 was a rough campaign for him on both sides of the puck, with his 0.64 points per game checking in as his worst offensive showing in seven years and his 50.1 xGF% at even strength running surprisingly mediocre despite over 60% of his zone starts coming in the offensive end.

He had a nice rebound campaign last season, though, erupting once again for 76 points (13 goals, 63 assists) in 78 games with a +13 rating. Hedman has also stayed relatively healthy as he ages, never missing more than six games in a season for the past four years. That’s a good sign for their highest-paid blue liner, who will be relied upon heavily next season to anchor a new-look defense that’s seen Ryan McDonagh re-acquired after two years away and Mikhail Sergachev swapped for J.J. Moser in a larger deal with Utah.

It’s the second big-money move from the Lightning in the past two days. They found Stamkos’ pricier but younger replacement, acquiring top free agent left wing Jake Guentzel’s signing rights from the Hurricanes and promptly inking him to a seven-year deal worth $9MM per season. Clearly, GM Julien BriseBois has no intention of letting the Bolts slip out of championship contention anytime soon, doing well to replenish their roster this past week with younger and, in some cases, more cost-effective talent. But keeping Hedman around was always a priority, too, and he becomes the overwhelming favorite to succeed Stamkos as captain this season.

Hedman’s marginal increase on his current deal means the move doesn’t have much of an impact on their long-term salary cap picture. They do still have one big-ticket item to check off their list this summer, though. Moser remains an unsigned RFA, and they’d surely prefer to get him inked to a new deal before he can file for arbitration. It shouldn’t be too big of a hassle, as the Lightning still have $6.65MM in projected cap space remaining with five open roster spots, per CapFriendly.

With Sergachev out and McDonagh and Moser in, Hedman joins Erik Černák as the only Tampa defenseman signed past 2025-26. They have considerably more long-term stability at forward, with Guentzel, Anthony Cirelli, Brandon Hagel and Brayden Point all locked up through the end of the decade.

Image courtesy of USA Today Sports.

Lightning Sign Zemgus Girgensons To Three-Year Deal

at CDT | by 2 Comments

The Lightning have signed forward Zemgus Girgensons to a three-year deal worth $2.55MM ($850K per season), per a team release. It’s Girgensons’ first NHL stop outside of Buffalo, where he spent the first 10 seasons and 688 games of his career.

Girgensons, now 30, will help replenish some of the forward depth the Lightning lost today at an extremely reasonable cost-controlled deal to boot. The 6’2″ Latvian will likely slot into a fourth-line role in Tampa, potentially skating on the wing alongside Luke Glendening and Jesse Ylönen, another one of Tampa’s UFA pickups today.

A decent middle-six checking forward with flexibility at center in his younger days, he’s slipped to fourth-line status in Buffalo the last two years. 2023-24 marked his first season without reaching the 10-goal mark since 2018-19, limited to eight goals and 14 points in 63 games. His 11:51 average time on ice was also a career-low, and it’s hard to imagine him earning much more with the Bolts with others like Mitchell Chaffee, Michael Eyssimont and Conor Sheary providing a bit more offensive upside at the moment.

Girgensons will now remain in Tampa through the 2026-27 season in his depth role, and could be buried in the minors without penalty if he declines past the point of being an NHL regular.

Lightning To Extend Emil Martinsen Lilleberg On Two-Year Deal

at CDT | by 1 Comment

The Tampa Bay Lightning are reportedly in agreement on a two-year, $1.6MM extension with defenseman Emil Martinsen Lilleberg (X Link). The deal will carry an AAV of $800K at the NHL level and is set to begin a year from today.

Lilleberg made his professional debut in North America last season with the Lightning after coming over from IK Oskarshamn of the Swedish Hockey League. Since being drafted 107th overall by the Arizona Coyotes in the 2021 NHL Draft, the Norwegian defenseman had spent all of his professional career in the SHL as he scored three goals and 18 points over 93 games.

Lilleberg went on to tally five assists in 37 games for the Lightning over two separate call-ups throughout the regular season. He spent more time with the Lightning than not this year as he only collected 33 games with the team’s AHL affiliate, the Syracuse Crunch, and scored two goals and 13 points in that time.

With Tampa Bay already having six NHL-caliber defensemen on the roster, and plenty of depth options still available on the free-agent market, Lilleberg should start the season in AHL Syracuse. Lilleberg should represent the top option to be called up if the Lightning’s blue line succumbs to injury at any point during the 2024-25 regular season.

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

scroll to top