Tampa Bay Lightning Cap Space

Tampa Bay Lightning Salary Cap Overview: 2023-2024

Current Salary Cap Situation

The Tampa Bay Lightning currently have a salary cap space of $10.5 million, putting them in a comfortable position under the NHL's $82.5 million cap. This cap space gives the Lightning flexibility to potentially acquire new players or extend existing contracts.

Key Contracts

* Nikita Kucherov: $9.5 million AAV * Steven Stamkos: $8.5 million AAV * Andrei Vasilevskiy: $9.5 million AAV * Victor Hedman: $8.5 million AAV * Brayden Point: $9.5 million AAV

Recent Transactions

The Lightning have been active in the salary cap market recently, making several moves to stay under the cap: * Traded Vladislav Namestnikov to the Dallas Stars, saving $4.5 million in cap space * Signed defenseman Ian Cole to a one-year, $3 million contract * Extended forward Anthony Cirelli to a four-year, $16.5 million contract

Salary Cap Projections

The Lightning's salary cap situation is projected to remain stable over the next few seasons. Several key players, including Kucherov, Stamkos, and Vasilevskiy, are locked into long-term contracts. Additionally, the Lightning have a number of young players on entry-level contracts, which will help keep their cap costs down.