We are not exactly sure how Tampa Bay Lightning GM Steve Yzerman got away with this one, due to the “expansion draft signing moratorium” that was supposed to be in effect starting at 3 PM on Saturday, June 17 and ending Wednesday after the expansion draft. But somehow, news got out from TSN’s Bob McKenzie that Peter Budaj has agreed to a two-year deal with an AAV of 1.025M/year.
His annual salary is particularly interesting. It is the exact salary cap hit that the Lightning can bury in the minor league by re-assigning him to the Syracuse Crunch.