The New York Rangers and Brandon Dubinsky avoided an arbitration hearing by agreeing to terms on a four-year deal reportedly worth $16.8 million.
The reported average value of the new deal doubles the $2 million salary that he earned last season.
The 25-year-old native of Anchorage, Alaska is coming off the best of his four NHL seasons, netting career highs with 24 goals and 30 assists for the Rangers.
Dubinsky and the Rangers were originally scheduled to have an arbitration hearing on Thursday in Toronto.
New York originally had an NHL-high four players scheduled for arbitration hearings. They have now signed three of them without going to a hearing - Brian Boyle, Michael Sauer, and Dubinsky. Ryan Callahan remains New York's lone unsigned restricted free agent, with a hearing scheduled for July 28.