Update:
The expansion draft freeze is over, so this contract is done. Per the press release,
The Tampa Bay Lightning have signed goaltender Peter Budaj to a two-year contract, vice president and general manager Steve Yzerman announced Thursday.
Budaj, 6-foot-1, 196 pounds, has played in 357 career NHL games with the Lightning, Los Angeles Kings, Montreal Canadiens and Colorado Avalanche. He has posted a record of 155-128-39 to go along with a 2.67 goals-against average and a .905 save percentage. Budaj has also recorded 18 career shutouts.
TSN’s Bob McKenzie reported that Peter Budaj has agreed to a two-year deal with an AAV of 1.