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The Tampa Bay Lightning are all over the place this off-season. Tonight, they added two more transactions to a very long list of off-season moves.
On the eve of the eve to the opening of the free agency market, a big name is off the table. After being traded from the Pittsburgh Penguins to the Tampa Bay Lightning yesterday, Ryan Malone has signed a long term deal with his new team. There is no official confirmation from the Lightning on their website at the moment but TSN is reporting that it is a seven-year deal worth $31.5 million. It's loaded up front, too. TSN is estimating that Malone will receive $15 million during the first two years of the deal. That makes for a very expensive 50-point guy this year and a very cheap one down the road. A very interesting contract structure, to be sure.
But don't think that's all the Lightning did late on Sunday night. They also acquired the rights to another highly sought after free agent to be, Brian Rolston of the Minnesota Wild. This story was confirmed on their website as of 11:30 PM Sunday night. In return the Wild will receive a conditional draft pick in either 2009 or 2010. I would imagine, but this is pure speculation, that it is tied into whether or not Rolston signs with Tampa Bay.
So there you have it, folks. More moves by a team that has taken the NHL transaction wire by storm. Right now I'm off to bed, but you can be sure FanHouse will have coverage of this and more in the morning. Stay with us into Tuesday as well as we'll have wall-to-wall coverage of the Free Agent Frenzy.
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