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Mikhail Sergachev Signs A Three-Year Deal With The Tampa Bay Lightning

TAMPA BAY - The Tampa Bay Lightning have re-signed defenseman Mikhail Sergachev to a three-year contract worth $4.8-million AAV, vice president and general manager Julien BriseBois announced today.

Sergachev, 22, skated in 70 games with the Lightning during the 2019-20 regular season, posting 10 goals and 34 points to go along with 58 penalty minutes. His 10 goals were a career high and ranked second on the team among defensemen. Sergachev also ranked first among all Lightning defensemen for power play goals with five. The 6-foot-3, 216-pound defenseman averaged 20:22 time on ice per game, ranking third on the team.

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Comments

The Meal's avatar

Well, that settles that.

Posted by The Meal from Firestone, CO on 11/25/20 at 03:27 PM ET

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That’s a bargain, I assumed he would make closer to $5.5-$6m.  They are already over the cap and still have Cirelli and Cernak to resign.  Obviously they are going to have to move out some salary between now and the start of the season. I wouldn’t mind taking Cal Foote off their hands as the price for taking on a contract they need to move.

Posted by MikeO on 11/25/20 at 03:48 PM ET

MurrayChadwick's avatar

WOW! that’s what heckva a bargain for Tampa, though it gets him right to UFA years, sure does help to play out for a team with no state taxes.

Posted by MurrayChadwick from YzerHolland2.0's pixie dust fueled bandwagon on 11/25/20 at 04:01 PM ET

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though it gets him right to UFA year

Capfriendly says he’s RFA at the end of this deal. If true, that’s even better for TB.

sure does help to play out for a team with no state taxes.

No doubt.

He also just won a Cup with them, loves the city, is the beneficiary of some sweet, sheltered second-pairing minutes. There are plenty more reasons to stay in Tampa Bay for him than there are to leave.

Posted by PresidentJoeByzerman on 11/25/20 at 07:28 PM ET

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The price of taking on a contract in order to help them get under the cap just went up.

Posted by PresidentJoeByzerman on 11/25/20 at 07:30 PM ET

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Pierre LeBrun
@PierreVLeBrun
Year 1, 2.4
Year 2, 4.8
Year 3, 7.2

1.5 million in Signing Bonus in each of first two seasons

I’m pretty sure this means he has to be qualified at $7.2M when this ends.

Posted by PresidentJoeByzerman on 11/25/20 at 07:33 PM ET

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You are correct, Pres, it will cost $7.2 min to qualify him when the contract runs out.  McAvoy and Werenski have similar deals.  It’s the trade off for taking a lower AAV, by back loading the contract they are raising the floor for their next contract.

Posted by MikeO on 11/25/20 at 08:20 PM ET

d ca's avatar

WOW! that’s what heckva a bargain for Tampa, though it gets him right to UFA years, sure does help to play out for a team with no state taxes.
Posted by MurrayChadwick from YzerHolland2.0’s pixie dust fueled bandwagon on 11/25/20 at 04:01 PM ET

That’s a bargain, I assumed he would make closer to $5.5-$6m.  They are already over the cap and still have Cirelli and Cernak to resign.  Obviously they are going to have to move out some salary between now and the start of the season. I wouldn’t mind taking Cal Foote off their hands as the price for taking on a contract they need to move.
Posted by MikeO on 11/25/20 at 03:48 PM ET

It’s actually pretty in-line with other d-men bridge deals given the flat cap world of the pandemic.

recent bridge deals for d-men
Charlie McAvoy (3 yrs @ $4.9M signed in ‘19)
Zach Werenski 3 yrs @ 5M in ‘19)
Darnell Nurse (2 yrs @ 3.2M in ‘18)
Josh Morrissey (2 yrs @ 3.15M in ‘18)


But it is considerably less than those contract extension that went into free agent years:
Seth Jones (6 yrs @ $5.4M),
Jaccob Slavin (7 yrs @ $5.3M)
Ivan Provorov (6 yrs @ $6.75M)

Personally, I think Tampa went the wrong way on this strategy. But I don’t think they had a choice given how they are in salary cap hell already.

Posted by d ca on 11/29/20 at 05:19 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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