The Tampa Bay Lightning have signed defenceman Ryan McDonagh to a three-year, $12.3 million extension.
The deal will carry an average annual value of $4.1 million for the 36-year-old veteran.
McDonagh has three goals and six points in 15 games with the Lightning this season. He is currently on injured reserve, having been sidelined since Nov. 8.
A two-time Stanley Cup champion with the Lightning in 2020 and 2021, McDonagh returned to the team in a 2024 trade after two years with the Nashville Predators.
He is currently playing out the last of a seven-year, $47.25 million contract signed with the Lightning in 2018 that carries a cap hit of $6.75 million.
Selected 12th overall by the Montreal Canadiens in the 2007 draft, McDonagh made his NHL debut with the Rangers in 2010-11. He has 83 goals and 426 points over 1,025 career games.
Lightning Locked Up Long-Term
McDonagh becomes the ninth player of the Lightning to sign through at least 2028-29, joining fellow blueliners Victor Hedman ($8 million AAV through 2028-29) and Erik Cernak ($5.2M AVV through 2030-31). Forwards Brayden Point, Jack Guentzel, Brandon Hagel, Anthony Cirelli, Nick Paul and Yanni Gourde are all signed long-term.
Extending winger Nikita Kucherov is likely to sit atop the team’s priority list next summer, when he enters the final year of his contract carrying a cap hit of $9.5 million. Goaltender Andrei Vasilevskiy is signed through 2027-28 at a salary of $9.5 million.
