Lightning Buy Out Lecavalier

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The Tamp Bay Lightning have announce that they will buy out Vincent Lecavalier.

“Vinny has been a significant reason for many of our past successes, including the 2004 Stanley Cup, and his contributions to the community are immeasurable,” said Lightning vice president and general manager Steve Yzerman in a statement. “The Lightning organization is indebted to Vinny; we thank him for all he has done here and we wish him well as he moves forward. (NHL.com)

There are still seven years remaining on Lecavalier’s current contract worth a reported $7.73 million per year. Once bought out the Lightning will still be required to pay 2/3 of the             contract. Lecavalier will not be the last big name to be bought out in this off-season. There will be more cap casualties.

“The economics and structure of the CBA are necessitating this decision and we at the Lightning are excited at the newly created opportunities this presents to us. (NHL.com)”

-) The Tampa Bay Lightning drafted Lecavalier 1st in the 1998 NHL Draft.

-) Vnny holds several offensive record for the Boltz . (Games Played 1037, Goals 383, Power Play Goals 112, Game Winning Goals 60)

-) He has had 12 straight years with at least 20 goals

-) Lecavalier has been named an All-Star 4 times

-) Vinny was a core member of the 2004 Stanley Cup Championship; the only one in Lightning history

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Tags: NHL Buy Outs NHL Free Agency Tampa Bay Lightening Vincent Lecavalier

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