Mar 27, 2014; Tampa, FL, USA; Tampa Bay Lightning right wing Ryan Callahan (24) skates on the ice against the New York Islanders during the second period at Tampa Bay Times Forum. Mandatory Credit: Kim Klement-USA TODAY Sports

NHL Rumors: Ryan Callahan Staying in Tampa (Updated, Callahan Signs)

The Tampa Bay Lightning are nearing a long-term deal to keep Ryan Callahan in blue and white for years to come. The deal has been rumored to be five-years worth as much as $5.5 million a year. The 29-year -old came to Tampa via a trade with the New York Rangers.

This is not a major raise for Callahan who earned $4.825 million last season; the bigger surprise is the Lightning seem to be looking to sign Callahan to a five-year deal. For his career (470 GP) Ryan Callahan has managed 265 points. Not outstanding numbers considering how valued he seems to be. The Lightning may be feeling some pressure after sending fan 

favorite Martin St. Louis to the Rangers.

Both head coach Jon Cooper and GM Steve Yzerman have said they want Callahan to remain with the Lightning, and it seems the feeling is mutual. The signing of Callahan would give the Lightning a strong two-way player who has the skill set to carry a team if needed. The Lightning won’t be done searching for players to add to this roster after this deal is done. There have been reports that Tampa and Brad Richards could reunite.

Tampa has $18,478,690 in cap-space, and it doesn’t seem like they are in a saving mood. Tampa has five-day to get Callahan to sign on the dotted line; if by some chance they are unable to do so Callahan will be a Free Agent. If that happens he could stand to make a bit more money and there will be no shortage of teams looking to put his name on their jersey.

*UPDATE* Ryan Callahan has signed a six year contract with the Tampa bay lightning.


“We are pleased to announce that we’ve reached an agreement on a six-year contract extension with Ryan,” Yzerman said. “He’s proven to be a fierce competitor and outstanding leader who fits very well with our team.”

The deal is said to be worth $34.8 million (Average of $5.8 million per season)  According to ESPN the deal  also includes a partial no-trade clause.

Contract breakdown via ESPN, Callahan will receive $6 million next season, $6.4 million in 2015-16, $6.5 million in 2016-18 and $4.7 million in the final two seasons of the deal.

Tags: Brad Richards Jon Cooper Martin St. Louis NHL Free Agency NHL Rumors Ryan Callahan Steve Yzerman Tampa Bay Lightning

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