Brayden Point just got PAID. The Tampa Bay Lightning centreman has re-signed with the club on an eight-year deal with an annual average value of $9.5M.
Point has spent the entirety of his five-year career thus far with the Tampa Bay Lightning. At 25-years-old, Point already has two Stanley Cups on his résumé.
Since entering the league in the 2016-17 season, Point has been a terrific centreman, even cracking the 40 goal mark one season.
The Lightning centreman had a terrific run in the 2021 NHL Playoffs. He became only the third centerman to ever score 12 goals in consecutive playoffs. He was also one game away from an NHL Playoffs record by scoring in nine consecutive games.
The Lightning recently lost Yanni Gourde to the Seattle Kraken as part of the expansion draft. They also traded Tyler Johnson to the Chicago Blackhawks in an attempt to unload some of their salary cap. This morning, they also lost Blake Coleman to the Calgary Flames, who signed a six-year deal with the club.
Salary Cap issues for Tampa Bay
Although Tampa Bay is surely thrilled to have re-signed one of their best players, it doesn't come without some questions. Firstly, where are they getting this money?
The Lightning are notorious over the past couple of seasons for having issues with the salary cap. Most notably, last season in the playoffs.
Although there is no salary cap in the playoffs, many fans have called for this rule to be changed.
Nikita Kucherov spent the entirety of the regular season on the Long Term Injured Reserved, and therefore, his $9.5M cap hit did not count towards the Lightning's salary cap. Just days before the start of the playoffs, the team activated their star player of the LTIR.
The club's smart maneuvering allowed the team to be, in reality, $18M over the salary cap in the 2021 playoffs, much to the dismay of the fans. With Point's newly signed contract, it will be interesting to see how Tampa Bay handles the salary cap.