Sergachev, who turned 24 in June, will receive $68 million ($8.5 million AAV). He had 38 points (seven goals, 31 assists) in 78 regular-season games and 10 points (two goals, eight assists) in 23 playoff games last season. He said finding more consistency will be key to his growth.
"There's a difference between a good player and a great player and that's consistency," Sergachev said. "I've been kind of lacking that at times, but I have to keep working hard because there's a lot of trust in me playing on the second [pair] left side."
Cernak signed for $42 million ($5.25 million AAV). The 25-year-old had 13 points (one goal, 12 assists) in 55 games and led the Lightning with 165 hits.
Cirelli signed for $50 million ($6.25 million AAV) but the 24-year-old is expected to miss the start of the season after having shoulder surgery following the Cup Final. It was expected he would need 4-6 months to recover.
To help fill that void, the Lightning signed forward Vladislav Namestnikov to a one-year, $2.5 million contract July 13. The 29-year-old had 30 points (16 goals, 14 assists) in 75 games with the Detroit Red Wings and Dallas Stars last season.
The Lightning are also excited to see what forwards Brandon Hagel and Nicholas Paul, each acquired before the NHL Trade Deadline last season, can do for a full season. Paul signed a seven-year, $22.05 million contract ($3.15 million AAV) on July 1, before he could have become an unrestricted free agent.
"It wasn't a hard decision for me," said Paul, who had 14 points (five goals, nine assists) in 21 regular-season games for the Lightning after being acquired in a trade with the Ottawa Senators on March 20, and nine points (five goals, four assists) in 23 playoff games. "I wasn't looking around. I knew this is where I wanted to be and thankfully we got it done."
Hagel had seven points (four goals, three assists) in 22 regular-season games for Tampa Bay after being acquired in a trade with the Chicago Blackhawks on March 18, and six points (two goals, four assists) in 23 playoff games.
Retaining their young talent to support a veteran core that includes Hedman, forwards Steven Stamkos, Nikita Kucherov and Brayden Point, and goaltender Andrei Vasilevskiy should keep the Lightning in Cup contention for several more seasons.
"You go down the list with Point, 'Kuch,' 'Stammer,' 'Heddy,' 'Vasi' back there," Cirelli said. "As long as we have those guys, I think we'll be good for a long time."