Ryan Malone officially signed with the Lightning for 31.5 million over seven years. He will make $6 million next season.
For what it's worth, Rick Nash of Columbus, Henrik Zetterberg of Detroit, Marian Gaborik of Minnesota, Alex Kovalev of Montreal, Daniel Alfredsson of Ottawa and Mike Richards of Philadelphia all made less than that in 2007-08.
Also, Malone's father, Greg Malone, the former Penguins player and scout, joined the Lightning as a scout.
With the signing now official, the Penguins will get a third-round pick from the Lightning in the 2009 draft instead of a fourth rounder.