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NHL News: Brandon Hagel Signs an Eight-Year Contract Extension with the Tampa Bay Lightning

Mark Easson
The Tampa Bay Lightning have signed forward Brandon Hagel to an eight-year contract extension with an AAV of $6.5 million.

Apr 22, 2023; Tampa, Florida, USA; Tampa Bay Lightning left wing Brandon Hagel (38) skates with the puck against the Toronto Maple Leafs during the first period in game three of the first round of the 2023 Stanley Cup Playoffs at Amalie Arena. Mandatory Credit: Kim Klement-USA TODAY Sports

The Tampa Bay Lightning have signed forward Brandon Hagel to an eight-year contract extension with an AAV of $6.5 million.

Hagel is under contract for $1.5 million for this season.

Puck Pedia: Breakdown of Hagel’s extension. He has a no-movement in years three and four and then it becomes a 16-team no-trade clause for the final four seasons.

2024-25: $1.82 million salary and a $7.18 million signing bonus
2025-26: $2.5 million salary and a $6.5 million signing bonus
2026-27: $6.75 million
2027-28: $5.45 million
2028-29: $4.45 million salary and a $1 million signing bonus
2029-30: $4.45 million salary and a $1 million signing bonus
2030-31: $4.45 million salary and a $1 million signing bonus
2031-32: $4.45 million salary and a $1 million signing bonus

Thoughts from the media

Cap Friendly: When Hagel’s contract kicks in for the 2024-25 season, the Lightning will now have 16 players under contract at a projected $74.94 million cap hit – 10 forwards, four defensemen, and two goalies.

The salary cap for 2024-25 is projected to be at $87.5 million.

Steven Stamkos will be a UFA after this season.

Chris Krenn: “Last year, Hagel became the 11th player in franchise history to score 30 goals in a single season & ranked second in the NHL with 92 takeaways, a new franchise record.”

Chris Krenn: “With Hagel extended, the #Bolts now have 8 players under contract beyond the 2025-26 season – Cernak, Cirelli, Hagel, Kucherov, Paul, Point, Sergachev, Vasilevskiy. Have to think other players on the current roster will be there as well, with Hedman & Stamkos feeling like locks.”

Ben Pope: “What an insane ascension for Hagel after nearly giving up on hockey just 5 years ago. Quietly one of the best stories in the NHL today.”

Charlie O’Connor: “I guess that Hagel contract is a bet on Tampa’s part that the salary cap goes up dramatically & AAVs for quality mid-tier players go through the roof? Maybe I just didn’t see enough of him last year, but my view of Hagel is that he’s good but not “give him 8 years now!!!” good.”

Justin Bourne: “Hagel’s career earning’s prior to this are ~$3.7m, gotta imagine a pretty happy day putting pen to paper on a 52 million dollar deal! The players the Bolts have locked up for years are mostly hard-nosed, skilled workers … they’re gonna stay relevant in the Atlantic for awhile.”

Michael Augello: “Hagel is a former #Sabres draft pick that made his mark in Chicago and scored 30 goals for the Lightning last season. He is only 24 and gets long-term security at $6.5M AAV x 8 years. After signing Sergachev/Cirelli/Paul/Cernak last summer, TBL are reallocating cap space, which may mean that a veteran like Stamkos will either be taking a team-friendly deal when his contract expires next summer or he goes elsewhere like Palat and Killorn did.”

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