
Free agency on the NHL calendar is a go, and the Tampa Bay Lightning were hard at work from the jump. Pens have been put to paper on contracts, and trades have been made. Some of these are long-term commitments. Time for some early reactions that come with a letter grade. Each move from July 1 will get a letter grade from the perspective of how it positively impacted the Lightning.
Just a note. While I’ve highlighted players on two-way contracts before, I’m skipping them this time. There is a lot of ground to cover on the larger moves alone. If needed later, I’ll evaluate them.
They got their replacement for Darren Raddysh. John Carlson comes with a similar cap hit. It’s not a cap hit I’m sitting well with, but at least it’s short-term and brings in a more proven player in relation to the cost.
His 60 points last season marked the fifth-most he’s had in a season and his most since he tallied 71 during the 2021-22 season. Having one-fourth of his scoring on the power play is an important note, since that was something the Lightning had to address. Depending on the season, he’s brought more offense to the table than defense, so we’ll see what the Lightning get from him.
From just the perspective of who they got, Carlson is a good addition. The cap hit is a bit of a sticking point for me, but I’ll probably overlook it more over time.
Grade: B+
This move locked up bottom-six depth for the next few years at a lower cap hit. It already counts for a small slice of the rising salary, but it will only get better as the cap increases.
Ilya Mikheyev is good for up to 20 goals and up to 35 points. That’s about what they would have gotten from Oliver Bjorkstrand at a discount. He’s the same age, so since the team isn’t getting any younger, the discount is good.
Another perk is that he’s received Selke votes the last two seasons. You can never have too many two-way forwards. He has a career 26.5% faceoff percentage, so I’m not sure he can address the need at center.
He helps preserve some offensive depth as the Lightning make some changes to the roster. Four years is a commitment, but at least it’s not expensive. Nothing crazy, but it’s a move that makes sense.
Grade: B
This is one I’m still trying to wrap my head around. To Viel’s credit, his time making league minimum is over. But to hand over $12 million over five years to a 30-year-old forward with 99 games of experience over parts of five seasons is surprising, to say the least.
He provides depth at a low season-by-season cap hit, and he addresses the Lightning’s want to add more muscle to the roster. He had 121 hits last season over 45 games. That’s an 84-game pace of 225 hits.
According to Lightning reporter Gabby Shirley, Veil said he’s in a more confident place and would be able to make plays and contribute offensively, along with fighting. If that’s the case, then this would be a steal of a signing. However, this is a wait-and-see situation.
Gaining an enforcer checked off a box. The length of the contract knocks the grade a bit, but at least they didn’t throw the kitchen sink at him the same way they threw one at Tanner Jeannot.
Grade: C
Nick Paul will join Darren Raddysh as a member of the Toronto Maple Leafs this season. The Lightning traded him for goalie Dennis Hildeby, a fourth-round pick in 2027 and a third-round pick in 2028.
Fans will understandably be sad to see Paul go, but this is a good trade for the Lightning to make. The Lightning needed a backup goalie or even just another option beyond a backup goalie. I didn’t think they’d address it because Jonas Johansson has another year on his contract. But they got an upgrade who can be a new backup.
Hildeby posted a .912 save percentage (SV%) across 20 games last season. Johansson posted an .884 SV%. He comes at a cheaper rate ($841,667), and there are no guarantees with the alternatives in the system. This sends a message that Harrison Meneghin isn’t ready yet. It’s worth giving him a shot.
On top of that, they get some draft capital, which they don’t have a lot of. Not having to give up any extra assets alongside Paul is also great.
I hate to look at it this way, but even if they aren’t getting maximum value from trading Paul because he was injured for much of last season, they’re getting value while they still can. They have options in the system on offense that can potentially take his spot, and they cleared cap. Solid work by general manager Julien BriseBois.
Grade: A
This is just the beginning of the offseason moves. This is also my early gut reaction to what has unfolded. By opening night, my stance on certain moves could be swayed by what else happens. Let’s circle back in September for a second reflection. If there is another major move, it’ll get its own separate evaluation at that time.
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