Tampa Bay Lightning Sign Jake Guentzel to Seven-Year, $63 Million Contract at $9 Million AAV

Jul 1, 2024, 01:03 PM

The Tampa Bay Lightning have signed forward Jake Guentzel to a seven-year contract worth $63 million, with an average annual value (AAV) of $9 million. The contract includes $53 million in signing bonuses and benefits from no state tax, making it a highly competitive offer. This deal marks the largest for an incoming player in the Lightning's offseason history. Additionally, Guentzel will receive $13.2 million in cash for the upcoming season. The team still has $7.5 million in cap space remaining.