Originally posted on The Bay Cave  |  Last updated 6/25/13
Vincent Lecavalier is second in team history with 874 points and 491 assists. He’s first all-time with 383 goals. He is also the franchise leader in games played with 1,037 games. But the long time Lightning captain and fan favorite may not get the opportunity to increase those numbers if the team buys out his contract. The NHL buyout period begins Wednesday night and it is an option given to teams who want to raise their salary cap space without any major salary cap consequences like they would incur if they just simply released a player. Lecavalier’s contract calls for a $7+ million cap hit through 2020 and has $45 million salary remaining. To buy his contract out, the Lightning will have to pay $30 million if that decision was made Thursday, which is then spread out through 14 years. Thanks to the folks at CapGeek.com, they have created a calculator to calculate a player’s buyout and we can see below how much it will cost the Lightning to buy out Lecavalier’s contract. The negati...
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