Tampa Bay Lightning: Grading the Erik Cernak extension as Bolts lock up another piece
Erik Cernak has just become the latest player to commit to the Tampa Bay Lightning.
It was announced today that defenseman Erik Cernak has signed a three-year contract with an Average Annual Value of $2.95 million, while fellow blueliner Jan Rutta has also extended his stay with the Tampa Bay Lightning after signing a two-year deal with an AAV of $1.3 million.
Cernak’s $8,850,000 contract will keep him in Tampa through the 2022-23 season when he will still be eligible as a RFA, while Rutta will hit the open market as a UFA once his $2,600,000 deal expires after the 2021-22 season.
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It has been a busy offseason for the Lightning who have been focussed on bringing back the majority of the roster back that helped the franchise win the Stanley Cup just a few months ago, and they now have the majority of their key pieces locked up.
Now, we’ll touch on Rutta shortly but, given his importance, we are going to focus on Cernak and his new three-year deal, before giving it a final grade.
Cernak on the rise
It has been a rapid ascension to the top for Erik Cernak who is quickly establishing himself as a key cog in this juggernaut of a Tampa Bay Lightning team.
Since being acquired in a trade from the LA Kings, along with goaltender Peter Budaj and two draft picks for goaltender Ben Bishop on Feb. 26, 2017, Cernak has improved dramatically as a player.
The 23-year-old has played in 125 NHL games with the Lightning, recording 10 goals and 18 assists for 28 points to go along with a plus / minus rating of +36, 117 penalty minutes,176 blocked shots, 370 hits and 29 Takeaways.
Cernak appeared in a career-high 67 games in 2019-20, recording 12 points (5 G, 7 A) to go along with a +11 rating, while the six-foot-three and 233 pounds blueliner ranked second on the Lightning for both hits (172) and penalty minutes (59).
The Slovakia native also ranked fourth among all Tampa Bay defensemen for ATOI during the 2019-20 Stanley Cup Playoffs with 20:43, a figure that highlights both his importance to the team and the trust he has earned from Head Coach John Cooper.
Having the luxury of playing predominantly in a top-four role with either elite defenseman Victor Hedman or the solid Ryan McDonagh, Cernak is a reliable presence in his own zone for the Lightning and he adds some toughness and grit to this team with his ability to hit like a train.
He’s a true modern-day shutdown defenseman who is improving year-on-year and he’s a good partner for a more talented player in either Hedman or McDonagh.
Plus, still only 23-years-old, Cernak is only going to get better with age and experience and he offers both physicality and the ability to move the puck out of the zone.
Grading The Trade
With still a relatively small body of work behind him, a three-year contract with an AAV of $2.95 million is a good deal for Erik Cernak and he’ll still be an RFA once it expires, so he could be in line for a bigger payday should he keep on his current trajectory.
He’ll have every chance to keep flourishing too given that he’s on an absolute juggernaut of a team that, having kept its core together, could repeat as Stanley Cup Champions in 2020-21 while they are likely to remain highly-competitive for the foreseeable future.
As for the Tampa Bay Lightning, this is another example of General Manager Julien BriseBois trying to keep the gang together as he attempts to set his team up for sustained success.
Cernak has established himself as a solid top-four defenseman for the Lightning who can play a physical brand of hockey while logging big minutes and also move the puck well.
He was second on the team in hits with 172 during the regular season and he performed well on the biggest stage during the Stanley Cup Playoffs, so $2.95 million a year for three years for a player who is only going to mature and get better is a pretty fair deal.
Now, granted, this signing does further complicate things for the Tampa Bay Lightning when it comes to the salary cap, but we will look at that more closely once we quickly assess Jan Rutta’s new deal.
Final Grade for Erik Cernak’s new contract: Grade B+
Grading Jan Rutta’s Deal
We’ll start by quickly assessing the two-year, $2,600,000 contract handed out to Jan Rutta that will carry an AAV of $1.3 million through the 2020-21 season.
Acquired in a trade from the Chicago Blackhawks on Jan. 11, 2019, Rutta has been more of a depth player for the Tampa Bay Lightning.
He has skated in 47 regular season games with the Lightning, putting up one goal and eight assists for a total of nine points, including one goal and six assists for seven points in 33 regular season games in 2019-20 with a plus / minus rating of +6.
Rutta also skated in five postseason games for the Lightning in 2019-20, recording one assist while averaging 17:47 of ATOI and, at 6-foot-3 and 200 pounds, he’s another big body on that backend for Tampa.
Also a right shot, of which there are not many on that Lightning defense, Rutta is a useful role player and he will be even more important in 2020-21 in what will be a shortened 56-game regular season.
He could either start the year on the roster or with the Taxi Squad, but the 30-year-old is a useful option to have should injuries arise at any point during the season.
Granted, $1.3 million per year for two years may be a little high for a player who is probably a solid bottom-pairing defenseman at best, and it is a deal that may complicate things further for Tampa Bay as we will cover now.
Final Grade: C-
Tampa in Cap Hell
Now, the Tampa Bay Lightning were in salary cap hell before tonight’s transactions anyway, but extending both Erik Cernak and Jan Rutta complicates things further.
According to CapFriendly, the Lightning now have a projected cap hit of $87,654,166, although teams can go over the cap by 10 percent during the offseason.
However, they still need to re-sign top RFA forward Anthony Cirelli, as well as minor-league forwards Mathieu Joseph and Alexander Volkov and defenseman Dominik Masin.
Now currently $6.15 million above the flat cap of $81.5 million, the Lightning will need to make some moves before re-signing the likes of Cirelli while they will also need to be cap compliant by Training Camp, which opens on Jan. 3, 2021.
So, time is of the essence for GM Julien BriseBois and he will have to get creative in order to make things work, while moving forward Tyler Johnson‘s albatross of a $35 million contract will remain a pressing priority.
However, there is a potential out-of-the-box solution in that reports are indicating that star forward Nikita Kucherov is battling a hip injury and could miss significant time in 2020-21.
Should Kucherov miss time and even require surgery, the Lightning could place their offensive juggernaut and his $9.5 million AAV on LTIR (Long-Term Injured Reserve), which would ultimately solve all of Tampa Bay’s cap headlines in one foul swoop.
Of course, they would much rather have their stud forward on the ice but it is a situation to keep an eye on when it comes to the cap, plus the Lightning could then get a fully-healthy and recharged Kucherov back for the postseason which would spell bad news for the rest of the league.
Placing Kucherov on LTIR would also mean that the Tampa Bay Lightning wouldn’t have to rush to trade Tyler Johnson or Alex Killorn, so their biggest curse could turn out to be somewhat of a blessing in disguise when it comes to helping ease their cap troubles.