The agent for Tampa Bay Lightning forward Ryan Callahan, Scott Bartlett, tweeted on Tuesday night that the player and the team were making positive progress on a new deal ahead of July 1 when the former New York Rangers captain is eligible to become an unrestricted free agent.
Callahan was traded to the Lightning at the trade deadline on March 5 for Martin St. Louis.
In 20 games with the Lightning, Callahan amassed six goals and five assists, but was kept off of the scoresheet in the playoffs where the Lightning were swept in the first round by the Montreal Canadiens.
Callahan, 29, just finished the final season of a three-year pact worth $12.85 million. The native of Rochester, New York was reportedly seeking a seven-year, $49 million deal from the Rangers prior to the trade.