|Lightning to buy out Lecavalier's contract|
|Written by Admin|
|Thursday, 27 June 2013 09:02|
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.