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Lightning Reacquire Corey Perry From Kings for 2028 Second-Round Pick as LA Retains Half His Deal

The 40-year-old waived his no-trade clause to return to Tampa Bay, with Los Angeles prioritizing a future asset for a pending free agent.

Overview

  • The Kings confirmed they received Tampa Bay’s 2028 second-round pick and will retain 50% of Perry’s contract through season’s end.
  • Perry is on a one-year, $2 million deal with performance bonuses; sources say he earned a $250,000 bonus at 50 games and Tampa will owe playoff-win bonuses of $125,000 for the first round, $250,000 for the second and $125,000 for a conference final.
  • General manager Ken Holland said the move was made after Perry chose to waive his no-trade clause to rejoin the Lightning.
  • Perry has 11 goals and 28 points in 50 games this season and previously logged two seasons with Tampa Bay, including a trip to the 2022 Stanley Cup Final.
  • The deal fits contrasting deadline approaches, with Tampa Bay adding veteran depth for a playoff push while Los Angeles converts a pending UFA into draft capital as part of a mixed buy-sell day.