Two years ago, we were wondering how the Tampa Bay Lightning were going to fit Erik Cernak, Anthony Cirelli and Mikhail Sergachev under a flat salary cap with all three coming off their entry level contracts.
Now, entering this off-season general manager Julien BriseBois has the opportunity to sign the three young core players, that have helped lead the team to two Stanley Cups, to extensions a year before their bridge deals expire as restricted free agents. And if recent history is any indicator, then there’s a good chance at least one, and likely all, will be locked up this summer.
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Beginning with Nikita Kucherov and Ryan McDonagh in July 2018, all but one of the Lightning’s big contract extensions since have been signed in the off-season before they became an unrestricted or restricted free agent. The only exception being Yanni Gourde, who signed in-season in November 2018 shortly after the season started.
The full list since July 2018:
- Ryan McDonagh (Signed July 1, 2018 – 2019-20 start)
- Nikita Kucherov (Signed July 10, 2018 – 2019-20 start)
- Yanni Gourde (Signed November 2, 2018 – 2019-20 start)
- Andrei Vasilevskiy (Signed July 29, 2019 – 2020-21 start)
- Brayden Point (Signed July 28, 2021 – 2022-23 start)
While the salary cap always seems to be a pressing issue for Tampa Bay – already $52.1M committed to 10 players, not including Seabrook’s LTIR contract, of an expected $83.5M salary cap for the 2023-24 season – the move to trade McDonagh to Nashville looks to have cleared the necessary cap space for extensions to Cernak, Cirelli, and Sergachev.
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Currently, BriseBois’ top priority is to navigate the team through free agency – which opens July 13. Nick Paul has already re-signed for seven years, but Ondrej Palat and Jan Rutta are still due to become free agents if not signed by the 13th. Additionally, McDonagh being traded likely necessitates adding a left-handed defenseman in free agency or by trade.
Once the most pressing tasks are dealt with, there’s a good chance we will hear news on progress being made towards extensions for the three big 2023 RFAs. All three will be eligible to sign extensions on the 13th.
In a sign that the players themselves are gearing up for contract talks, Mikhail Sergachev just changed his agent to Dan Milstein – the agent of Nikita Kucherov and Andrei Vasilevskiy.
Mikhail Sergachev has made an agent change. The Tampa Bay defenceman has signed on with @HockeyAgent1
— Darren Dreger (@DarrenDreger) July 4, 2022
This should not come as a surprise as there appeared to have already been a relationship between both parties as Sergachev frequently joined his teammates and their agent during their Stanley Cup celebrations in 2021. If anything, the familiarity between Milstein and BriseBois should speed-up contract discussions.
Stanley Cup made to Russia. Happy Monday y’all. pic.twitter.com/i9JwPFjSOu
— Dan Milstein-Hockey (@HockeyAgent1) September 6, 2021
Additionally, Ross Colton, Cal Foote, and Philippe Myers will all become restricted free agents during the 2023 off-season as well, but their relatively small sample size of games played should see that none of them sign a year out as it would be in the best interest of both parties to wait and get a fair salary number.