Lightning bringing back winger on two-year extension

The Lightning have re-signed winger Mitchell Chaffee to a two-year contract, per a team announcement Thursday. The deal, his first one-way pact, carries a cap hit of $800K and a total value of $1.6M.

Chaffee, 26, landed with the Lightning last summer on a one-year, two-way contract with a $350K guarantee after reaching Group 6 unrestricted free agency. An undrafted free agent signing by the Wild in 2020, Chaffee made his NHL debut in Minnesota in 2021-22 but played just two games with the club, instead spending most of his time on assignment to AHL Iowa.

The Michigan native had set himself up as a top-six minor-league contributor early on, totaling 23 goals and 39 points in 49 games by his second professional season. But a torn ACL in his right knee ended his 2022-23 campaign after seven points in 10 games, after which the Wild opted not to bring him back and let him walk to free agency.

Healthy once again, Chaffee began the season on assignment to AHL Syracuse after clearing waivers and was solid on a middling offensive club, recording 12 goals and 26 points in 36 contests. He was recalled twice on brief stints in December and January but remained on the NHL roster for the rest of the regular season and playoffs after a Feb. 5 recall. In 30 games with the Bolts, primarily stepping in for the injured Tanner Jeannot, the 6-foot-1 winger had four goals in seven points while averaging 11:17 per contest. He struggled to get the puck on net, averaging less than one shot on goal per game but was a skilled finisher and shot nearly 15%.

Possession numbers weren’t particularly kind to Chaffee, who posted a below-average 47.4 CF% and 41.1 xGF% at even strength, per Hockey Reference. He did manage to stay out of the box, though, taking just two minor penalties

He’ll be in consideration for an opening-night roster spot next season, but ideally, he serves as their 12th or 13th forward option. He didn’t display enough offensive talent to elevate into a top-nine role long-term and his poor relative possession numbers, despite seeing even offensive and defensive usage at even strength, don’t paint the best picture of him as a third-line checking threat.

After re-upping Chaffee, the Lightning have $11.79M in projected cap space next season with a roster size of 17, per CapFriendly. A good chunk of that will go toward attempting to re-sign captain Steven Stamkos and avoiding losing him after 16 years and nearly 1,100 games with the club. Chaffee was set to become a Group 6 UFA yet again this summer if not extended.