Blog Entry

Lightning strike five-year extension with Hedman

Posted on: November 30, 2011 3:27 pm
 

By Brian Stubits

The Tampa Bay Lightning signed young defenseman Victor Hedman to a five-year contract extension on Wednesday, locking up their No. 1 draft pick in 2009 until the age of 26.

“We are extremely pleased to announce that we have agreed to a five-year contract with Victor,” general manager Steve Yzerman said. “He has shown tremendous growth as a player in just more than two seasons in the NHL while also becoming a key member of our team. We look forward to his continued development in a Lightning uniform.”

Since he was drafted, Hedman has been with the Lightning, making the team's roster and sticking. He is still coming into his own at the NHL level, obviously, but he has a nice foundation. Last season in 79 games the tall defenseman had three goals and 23 assists.

This season he has a couple of goals and is second on the team in average ice time. The idea is that Hedman will be around for a long time to anchor the blue line.

But his defensive effort that has been just as big for the Bolts. With his big frame, he's already shown he's capable of throwing his weight around a bit on the ice and deliver some big hits. He showed some mistakes early in his career in his own zone, but those have largely been cleaned up. That's to be expected with an 18-year-old.

"I'd like to thank our owner, Mr. Vinik, and of course GM Steve Yzerman for helping me move forward in my career," Hedman said. "I love it in Tampa Bay with the Lightning and I will do all I can to help this organization be successful on and off the ice."

Like most teams, the Lightning didn't release any financial numbers with the contract. However, the almost always reliable Bob McKenzie reported he was hearing the deal is worth about $4 million per season.

If that is correct, and there's no reason to think it wouldn't be, you have to like the deal for Tampa Bay. They don't have to worry about any restricted free-agency headaches with one of their most important players, a building block for the future to complement Steve Stamkos in front of him. With the clear potential to become one of the better all-around defensemen in the NHL, it's a nice deal for both sides.

Photo: Getty Images

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Comments
goodkinglell
Since: Dec 1, 2011
Posted on: December 1, 2011 1:41 pm
This comment has been removed.

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Since: Jan 15, 2008
Posted on: December 1, 2011 10:32 am
 

Lightning strike five-year extension with Hedman

So I went and looked it up - it covers 2 of his UFA eligible years.  Not a bad contract - not a steal, but not a bad contract.  The kid does seem to have a bright future.



Since: Jul 1, 2010
Posted on: November 30, 2011 11:57 pm
 

Lightning strike five-year extension with Hedman

Here's a question I should probably know the answer to:  how many UFA years are covered by this contract?

If the answer is only 1 (or zero), then I don't like the contract.  $4M/yr is a lot for an RFA, and too much for Hedman I would say.  In today's cap world, it's really important that GMs sign their RFAs below market value.  This seems dangerously close to market value to me.
I would agree with you in most cases because I generally hate seeing RFAs getting huge contracts, it kills gms, but Hedman is a little different.   After Schenn and Myers got their contracts, his looks like a steal.  He still projects well and has progressed well.  He already has a long playoff run under his belt too.   It drives me nuts that unaccomplished players on their first contract make so much based on potential, but I think this contract is among the more reasonable ones.   Time will tell.   Had he not had 2 full years under his belt, I wouldn't like this contract.  

I think the length is mostly because of the agent.   They want their guys to get a massive contract in their prime.    I believe TBs biggest problem is the blueline, and I think the Brewer contract was a mistake.    I haven't been the biggest fan of Yzerman's work in TB overall so far, but I like this contract for them moving forward.   



Since: Jan 15, 2008
Posted on: November 30, 2011 5:41 pm
 

Lightning strike five-year extension with Hedman

Here's a question I should probably know the answer to:  how many UFA years are covered by this contract?

If the answer is only 1 (or zero), then I don't like the contract.  $4M/yr is a lot for an RFA, and too much for Hedman I would say.  In today's cap world, it's really important that GMs sign their RFAs below market value.  This seems dangerously close to market value to me.



Since: Jul 1, 2010
Posted on: November 30, 2011 4:26 pm
 

Lightning strike five-year extension with Hedman

5 years at 4 million will be a great contract for Vinik and Yzerman.    I think Hedman will look really good in another year, and 4 million is looking like a bargain for a quality shut-down type defenseman that Hedman is developing into.   Nice work by Yzerman and the front office if the contract is what it's rumored to be.



Since: Dec 22, 2006
Posted on: November 30, 2011 4:25 pm
 

Lightning strike five-year extension with Hedman

So glad the Isles took JT instead of Hedman! Plus deHaan is a year or so away!

IGWT!


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