Pluses: The biggest positive for the Lightning is that they are healthy. Victor Hedman had offseason knee surgery, Steven Stamkos missed part of last season with a lower-body injury, and Nikita Kucherov didn't play the entire regular season after hip surgery. All played every game in the playoffs and helped Tampa win the Cup for the second straight season.
In addition to those three, having Brayden Point, who has led the NHL in goals each of the past two postseasons (14 in 23 games each year), and Andrei Vasilevskiy, who is the best goalie in the world, helps too. The Lightning also made some key additions this offseason, signing forwards Corey Perry and Pierre-Edouard Bellemare, and goalie Brian Elliott.
Minuses:There aren't that many negatives, but they did lose their entire third line this offseason. Blake Coleman signed with the Calgary Flames, Barclay Goodrow was traded to the New York Rangers, and Yanni Gourde was selected by the Kraken in the 2021 NHL Expansion Draft. Those are three hard players to replace.
The Lightning have played more games than any other team over the past two seasons. That includes 48 playoff games, seven more than the next-closest team, the New York Islanders. We've yet to see it, but with this season expected to be a full 82-game schedule for the first time since 2018-19, the fatigue could show after the two grueling Cup runs.