Lightning exercise compliance buyout on forward Ryan Malone
TAMPA BAY – The Tampa Bay Lightning have used their second, and final, compliance buy-out, as allowed by the NHL's Collective Bargaining Agreement, on forward Ryan Malone, vice president and general manager Steve Yzerman announced today. Malone will become an unrestricted free agent. Per the CBA, the Lightning will pay two-thirds of the value of his existing contract over twice the term of the deal.
Malone has spent the previous six seasons with the Lightning after being acquired from the Pittsburgh Penguins on June 28, 2008. He has played in 342 games with the Lightning during that time, recording 92 goals, 30 power-play goals, 201 points and a minus-28 rating. Malone has played in 641 career NHL games with Tampa Bay and Pittsburgh with 179 goals, 370 points 57 power-play goals and 25 game-winners. He has appeared in 43 Stanley Cup Playoff games, registering nine goals and 22 points.