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Hockey News

Steven Stamkos stays with Lightning on 8-year pact, highlights frenzy of NHL deals

Fri, 01 Jul 2016 16:36:09 +0000

Fitzgerald Cecilio - 4E Sports Reporter

Tampa Bay, FL, United States (4E Sports) - The Tampa Bay Lightning have signed captain Steven Stamkos to an eight-year deal, two days before he hit the free-agent market.

According to sources, the contract is worth an average of $8.5 million annually but only $1 million per year of that is in pure salary.

The rest of the amount is payable in signing bonuses while the deal also includes a full no-movement clause for all eight seasons.

"I am excited to move forward with the Lightning today for the next eight years," Stamkos said in a statement.

"It's not often that a player gets the chance to spend his career in one organization and I am hopeful that this agreement sets me on that path with the Tampa Bay Lightning," he added.

The No. 1 overall pick in 2008, Stamkos has spent his entire eight-year career with the Lightning. He has scored 312 goals in 569 games since beginning his career in 2008-09, second only to Alex Ovechkin (362) over that span. He has averaged 0.55 goals per game in his career.

Meanwhile, the Montreal Canadiens have traded star defenseman P.K. Subban to the Nashville Predators for blueliner Shea Weber.

The Canadiens made the deal two days before a no-movement clause in Subban's contract kicked in that covered the final six years of his agreement.

The Boston Bruins, for their part, officially announced that they signed forward David Backes to a five-year contract with an annual salary of $6 million.

Backes , the former captain of the St. Louis Blues, had 21 goals and 45 points in 79 games this season. He spent his entire 10-year career with St. Louis and was captain since 2011-12. In 727 games, he has 206 goals and 254 assists.

In other signings, defenseman Brian Campbell and the Chicago Blackhawks agreed to terms on a one-year contract while center Frans Nielsen and the Detroit Red Wings agreed to terms on a six-year contract worth $31.5 million.

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