Peter Budaj signed to two-year extension with Tampa Bay Lightning

Netminder will be paid an AAV of 1.025M.


The expansion draft freeze is over, so this contract is done. Per the press release,

The Tampa Bay Lightning have signed goaltender Peter Budaj to a two-year contract, vice president and general manager Steve Yzerman announced Thursday.

Budaj, 6-foot-1, 196 pounds, has played in 357 career NHL games with the Lightning, Los Angeles Kings, Montreal Canadiens and Colorado Avalanche. He has posted a record of 155-128-39 to go along with a 2.67 goals-against average and a .905 save percentage. Budaj has also recorded 18 career shutouts.

TSN’s Bob McKenzie reported that Peter Budaj has agreed to a two-year deal with an AAV of 1.025M/year.

His annual salary is particularly interesting. It is the exact salary cap hit that the Lightning can bury in the minor league by re-assigning him to the Syracuse Crunch. While it is unlikely that this will happen, it's a option in the event that the Lightning struggle to stay under the cap.

Budaj was part of the Bolts’ exposed list for the expansion draft — Tampa Bay chose to protect Andrei Vasilevskiy as its one protected netminder. The other exposed goalies currently in the system are Jaroslav Janus, Kristers Gudlevskis, and Mike McKenna.

Budaj made a career high of 1.4M with the Montreal Canadiens in the 2013-14 to 2014-15 seasons. The LA Kings signed him for a career low of 575,000 in 2015-16. Do his numbers warrant the pay increase for the next two seasons? He had a .917 SV% with the LA Kings in 53 games played, and after his trade to Tampa, dropped to a .898 in seven games played. Will his numbers increase after he has a solid year under his belt as Vasilevskiy’s backup?

What do you think?

Signing Peter Budaj to a two-year, 1.025M deal was: