According to TSN, the Lightning has signed former Pittsburgh Penguin and Brad Richards Rimouski Oceanic Michel Ouellet to a two-year deal. TSN is reporting Ouellet will make $1.2 in year one and $1.3 million in year 2. The winger had 19 goals in limited ice time for Pittsburgh last season and was rumored to be not qualified as a restricted free agent because of arbitration concerns.
In other news, defenseman Cory Sarich signed a 5-year, 18 million dollar contract (3.6 per year) with the Calgary Flames. Also, center Eric Perrin signed a 2-year, 1.5 million dollar contract with Atlanta.
Lightning press release on Ouellet: