Per MLive’s Ansar Khan:
#RedWings have agreed to two-year contract with Andreas Athanasiou.
— Ansar Khan (@AnsarKhanMLive) July 5, 2018
It’s a $3 million cap hit.
— Ansar Khan (@AnsarKhanMLive) July 5, 2018
The Athletic’s Craig Custance confirms:
No arbitration coming for Andreas Athanasiou. Hearing two sides have agreed on two-year deal.
— Craig Custance (@CraigCustance) July 5, 2018
Here’s Khan in text form:
Athanasiou’s salary for 2017-18 was $1.3875 million, when he produced 16 goals and 33 points in 71 games after signing in late October.
Athanasiou, who turns 24 on Aug. 6, has 43 goals and 33 assists in 172 career games.
He will still be a restricted free agent when this deal expires in 2020.
The Red Wings are negotiating contracts with restricted free agents Dylan Larkin and Anthony Mantha, neither of whom was arbitration eligible. Mantha is expected to sign a two-year bridge deal. Larkin might sign a long-term extension, likely no more than five years, after which he would still be a restricted free agent.
Update #2: FYI:
Andreas Athanasiou in process of signing a 2-year contract extension with the Red Wings, according to sources.
Believe it’s $2.75 million + $250,000 signing bonus in 2018-19 and $3 million in 2019-20.
— John Matisz (@MatiszJohn) July 5, 2018
Update #3: The Detroit News confirms:
Continue reading Khan, Custance: Red Wings re-sign Athanasiou to 2-year, $6 million contract