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Tampa Bay Lightning signed Ondrej Palat (5 Years / $5,300,000 AAV)

Was this a good signing?
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Jul. 14, 2017 at 4:32 p.m.
#1
Ondrej Palat has signed a new contract with the Tampa Bay Lightning.
Standard Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Steve Yzerman
Length: 5 years
Value: $26,500,000
Expiry Status: UFA
Cap % Tooltip: 7.07
Signing Team: Logo of the Tampa Bay LightningTampa Bay Lightning
Signing Date: Jul. 14, 2017
Source: CapFriendly

Ondrej Palat signed a 5 year, $26,500,000 contract with the Tampa Bay Lightning on Jul. 14, 2017. The contract has a cap hit of $5,300,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2017-18$5,300,000$5,300,000$0$0$5,600,000$5,600,000$5,600,000
2018-19NTC$5,300,000$5,300,000$0$0$6,855,000$6,855,000$6,855,000
2019-20NTC$5,300,000$5,300,000$0$0$5,300,000$5,300,000$5,300,000
2020-21NTC$5,300,000$5,300,000$0$0$3,445,000$3,445,000$3,445,000
2021-22M-NTC$5,300,000$5,300,000$0$0$5,300,000$5,300,000$5,300,000
TOTAL$26,500,000$26,500,000$0$0$26,500,000$26,500,000$26,500,000
Arbitration Requested Icon ARBITRATION: This contract was signed following an arbitration filing
CLAUSE DETAILS: Starting July 1, 2021: Player submits a 20 team trade list.
CLAUSE SOURCE: CapFriendly
Jul. 14, 2017 at 4:49 p.m.
#2
Go_Bruins
Go_Bruins
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Joined: Jun. 2017
Posts: 110
Likes: 7
Good to see it be a 5 year deal. I thought he would take under 5.3 million though.
Jul. 14, 2017 at 5:19 p.m.
#3
DoctorBreakfast
Below Market Value
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Joined: Nov. 2015
Posts: 1,426
Likes: 1,324
Wtf is with that salary structure?
Jul. 14, 2017 at 9:53 p.m.
#4
DragonRaptorHybrid
Sensible Commentary
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Joined: Jul. 2016
Posts: 910
Likes: 536
Quoting: DoctorBreakfast
Wtf is with that salary structure?
lockout-related, I guess.
Jul. 14, 2017 at 10:15 p.m.
#5
LicMysak
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Joined: Mar. 2017
Posts: 7,711
Likes: 2,820
Great deal for a very good top six winger. Thought he could get a longer deal, but I'm not complaining
 
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