Point signs eight-year, $76 million extension with Lightning

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Brayden Point signed an eight-year, $76 million contract extension with the Tampa Bay Lightning on Wednesday that begins next season. It has an average annual value of $9.5 million.

The 25-year-old forward will play the final season of a three-year contract he signed Sept. 23, 2019. He could have become an unrestricted free agent.

“I’m very excited to stay in Tampa for another nine years,” Point said. “I want to thank the entire Lightning organization for this and say thanks to our fans. Since being drafted by Tampa, I’ve always felt like Tampa has been home and the fans have played a huge role in making my time in Tampa so wonderful.”

He scored 48 points (23 goals, 25 assists) in 56 games last season, and 23 points (14 goals, nine assists) in 23 Stanley Cup Playoff games.

Point has led the past two postseasons in goals, helping the Lightning win back-to-back Stanley Cup championships.

He set NHL career highs with 41 goals, 51 assists and 92 points in 2018-19.

He is the latest player to sign a contract extension with Tampa Bay before playing his pending free agent season: forward Nikita Kucherov (eight years, $76 million, $9.5 million average annual value prior to 2018-19 season), defenseman Victor Hedman (eight years, $63 million, $7.87 million AAV prior to 2016-17 season) and goalie Andrei Vasilevskiy (eight years, $76 million, $9.5 million AAV prior to 2019-20 season).

“Brayden is a key contributor to the Lightning’s success and one of the most dynamic players in the NHL,” Lightning general manager Julien BriseBois said. “To be able to agree to terms with him on a long-term contract is great news for our organization going forward. Not only is Brayden a skilled player, he is also a fierce competitor who fits in well with the pedigree of our team. Our organization looks forward to having him be a big part of this team for many years to come.”

The Lightning also signed goalie Brian Elliott to a one-year, $900,000 contract, and defenseman Zach Bogosian to a three-year, $2.55 million contract ($850,000 average annual value) on Wednesday.

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