TAMPA, Fla. (AP) - The Tampa Bay Lightning are buying out the contract of center Vincent Lecavalier, a move that will create salary cap space and make one of the stars of the franchise's only Stanley Cup champion a free agent next month.
Lecavalier was the top pick in the 1998 NHL draft and helped Tampa Bay to the NHL title in 2004. He is Tampa Bay's career leader in goals and games played.
The four-time All-Star spent 14 seasons with the Lightning and was team captain for much of that time.
General manager Steve Yzerman said Thursday that using a compliance buyout allowed by the NHL's collective bargaining agreement will provide financial flexibility necessary to improve the Lightning roster for the long term.
The buyout will cost more than $32 million over 14 years.

Top NHL Public Bets

NHL Top Stories

Thumbnail Stanley Cup Game 6 Pick The San Jose Sharks hope to force a Game 7 of the Stanley Cup Final when they host the Pittsburgh Penguins tonight...
Thumbnail Stanley Cup Final Game 5 Pick Will the Pittsburgh Penguins close out the Stanley Cup Final tonight when they host the San Jose Sharks in...
Thumbnail Stanley Cup Final Game 4 Pick Can the San Jose Sharkseven up the Stanley Cup Finalwhen they host the Pittsburgh Penguins...
Thumbnail Penguins vs. Sharks Game 3 Pick Can the San Jose Sharks get on the board in the Stanley Cup Final when they host the Pittsburgh Penguins in Game 3 at...
Thumbnail Sharks vs. Penguins Game 2 Pick The 2016 Stanley Cup Final continues tonight when the Pittsburgh Penguins host the San Jose Sharks at 8PM ET...
More inNHL Articles  

NHL Top Stories

Thumbnail Stanley Cup Game 6 Pick The San Jose Sharks hope to force a Game 7 of the Stanley Cup Final when they host the Pittsburgh Penguins tonight...
Thumbnail Stanley Cup Final Game 5 Pick Will the Pittsburgh Penguins close out the Stanley Cup Final tonight when they host the San Jose Sharks in...
Thumbnail Stanley Cup Final Game 4 Pick Can the San Jose Sharkseven up the Stanley Cup Finalwhen they host the Pittsburgh Penguins...
Thumbnail Penguins vs. Sharks Game 3 Pick Can the San Jose Sharks get on the board in the Stanley Cup Final when they host the Pittsburgh Penguins in Game 3 at...
Thumbnail Sharks vs. Penguins Game 2 Pick The 2016 Stanley Cup Final continues tonight when the Pittsburgh Penguins host the San Jose Sharks at 8PM ET...
More inNHL Articles  

NHL Team Pages