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

Richard Panik

signing age20

posRW,LW

Team

Tampa Bay Lightning

Steve Yzerman

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
Year Type	RFA	RFA	RFA
UFA Year