Feaster could be on the way out
General manager Jay Feaster, a major component of the Lightning’s 2004 Stanley Cup team, is in the midst of negotiations that could lead to his departure from the organization.
It was unclear whether it will be through buyout or resignation. But it seems reasonable Feaster, with three years left on a contract that pays between $800,000 and $900,000 a year, will be compensated. An announcement could come as soon as Friday.
Feaster’s duties have been greatly reduced since the sale of the Lightning to OK Hockey, and his name has been conspicuously absent from player personnel announcements.
Asked Thursday if decisions had been reached on Feaster’s role with the team, Brian Lawton, vice president of hockey operations, spoke only generally. "Jay and I are still in discussions as far as what we’ll do there," he said. "I think in the next several days we’ll reach an agreement on how it ends up being structured."
Neither Feaster nor owners Oren Koules and Len Barrie would comment.
Feaster, 45, joined the Lightning in October 1998 as assistant general manager. He became general manager in February 2002, and helped guide the team to the 2004 Cup title. He was the Sporting News' 2004 NHL executive of the year.