Wallace, 27, was claimed off waives by the Lightning last season from the New York Islanders. He skated in 16 games for the Bolts near the end of last season after injuries and trades had severely depleted the lineup, posting three goals and five assists for eight points with a plus-4 rating.
Wallace is friends with Lightning players Nate Thompson and Matt Carle, all of whom hail from Anchorage, Alaska.
With younger players like Brett Connolly, JT Brown, and Dana Tyrell ready to take on larger roles in the Lightning lineup, the writing was on the wall for the UFA. A return to the Lightning was likely never in General Manager Steve Yzerman's plans for the versatile forward.
However, Wallace performed admirably in limited minutes with the Bolts and impressed enough to earn a deal with the Hurricanes, where he will provide solid depth up-front and may even challenge for a permanent spot on the fourth line if his production and solid defensive play with the Lightning continue in Carolina.Tags: Carolina Hurricanes, Hockey, NHL, Tampa Bay, Tampa Bay Lightning, Tim Wallace