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Published on July 01, 2024
Tampa Bay Lightning Bolster Roster by Signing Jake Guentzel to $63 Million ContractSource: Wikipedia/ Minda Haas Kuhlmann from Omaha, CC BY 2.0, via Wikimedia Commons

The Tampa Bay Lightning have secured the talents of winger Jake Guentzel with a hefty seven year contract worth $63 million, an average annual value of $9 million per season. This deal was announced on a Monday, allowing the Lightning to beef up their roster before the frenzy of the unrestricted free agent market opening.

In a strategic move reminiscent of chess, not checkers, Tampa Bay acquired Guentzel's rights from the Carolina Hurricanes the previous Sunday for a third-round draft pick in 2025. This trade afforded them an exclusive window to negotiate, which they clearly capitalized on, according to a report by ESPN. At 29, Guentzel brings an impressive pedigree as a four-time 30-goal scorer, including his 30-goals-in-67-games performance between the Pittsburgh Penguins and the Hurricanes just last season. Guentzel's arrival is part of Tampa Bay's broader strategy to revamp their lineup, which included shedding significant cap space by trading defenseman Mikhail Sergachev and forward Tanner Jeannot.

Guentzel isn't new to the pressures that come with his price tag. Since being drafted in the third round of the 2013 NHL Draft by the Penguins, he has put up consistent numbers, scoring 227 goals and 491 points over 520 regular season games. His playoff performances have been notable too, racking up 67 points in 69 games, as per the information detailed on the Tampa Bay Lightning official website. His knack for being where it counts is further evidenced by his 121 power-play points and 31 game-winning tallies.

As the free agency period unfolds, the Lightning's move to snag Guentzel has set a robust tone for their upcoming season. A former Stanley Cup champion, with the pedigree for big moments, solidifies the idea that Tampa Bay is in it to win it, leaning into their competitive instincts. The details of Guentzel's career achievements and stats were commemorated within the broader contextual landscape of NHL free agency activity on a continuously updated tracker, provided by ESPN