Tampa Bay Lightning defenseman Mikhail Sergachev's eight-year deal is worth $8.5 million annually. Kim Klement-USA TODAY Sports

It’s eight-year contract day in Tampa.

The Lightning announced on Wednesday that they’ve signed three players — Mikhail Sergachev, Anthony Cirelli and Erik Cernak — to eight-year contract extensions.

Sergachev’s deal is worth $8.5 million annually, the most of the trio. He’s going into the final year of a three-year contract worth $4.8 million.

The Lightning acquired Sergachev from the Montreal Canadiens in exchange for Jonathan Drouin back in June of 2017. In five seasons with the Lightning, Sergachev has developed into the high-quality defender that he was projected to be when the Habs drafted him No. 9 overall at the 2016 NHL Draft.

Cirelli’s contract is worth $6.25 million annually. Like Sergachev, he’s also going into the final year of a three-year contract worth $4.8 million.

The Lightning selected Cirelli in the third round of the 2015 NHL Draft and he made his NHL debut a couple of years later. Cirelli scored 17 goals and 43 points in 76 games this season and finished fifth in Selke Trophy voting for the league’s best defensive forward.

Cernak’s deal is worth $5.2 million annually. He’s going into the final year of a three-year contract worth $2.95 million.

The Lightning drafted Cernak in the second round of the 2015 NHL Draft. He made his NHL debut in 2018-19 and immediately hit the ground running as a quality shutdown defenseman. Cernak often serves as the defensive defender alongside the more offensively oriented Sergachev.

All three players were set to become restricted free agents next summer.

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