May 12, 2011

Panik Signs a 3-Year, $2.70M Deal with the Lightning

Richard Panik

signing age20
posRW,LW
Cap Hit
$900,000$900K
Term
3 years
Total Value
$2,700,000$2.70M
% of Cap
1.4%
Expiry Status
RFA 2014 age 23
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Contract Breakdown

Richard Panik signed a 3 year, $2,700,000 contract with the Tampa Bay Lightning on May 12, 2011. The contract has a cap hit of $900,000 and expires at the end of the 2013-14 season.

Abbreviated $Amounts
2011-12
2012-13
2013-14
2014
Cap Hit $740,000$740K $740,000$740K $740,000$740K RFAage 23
AAV $900,000$900K $900,000$900K $900,000$900K
Base $600,000$600K $650,000$650K $700,000$700K
Performance Bonuses $210,000$210K $160,000$160K $110,000$110K
Signing Bonuses $90,000$90K $90,000$90K $90,000$90K
Total Salary $690,000$690K $740,000$740K $790,000$790K
Minors Salary
$67,500$68K
$67,500$68K
$67,500$68K
Clauses
UFA Year

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