On his way to his fifth straight 20-goal season, Patric Hornqvist was rewarded by the Pittsburgh Penguins with a five-year contract extension worth $26.5 million.
Signing - Hockey Wiretap
Josh Bailey agreed to a six-year, $30 million deal Friday to stay with the Islanders instead of testing free agency this summer.
The 28-year-old forward, selected to his first All-Star appearance last month, has 15 goals and 47 assists this season -- already setting career highs for assists and points (62).
Defenseman Erik Gudbranson has signed a three-year, $12 million contract extension with the Vancouver Canucks, ending the speculation over his status at the NHL trade deadline.
Gudbranson, 26, has two goals and two assists in 41 games with Vancouver this season.
Mikael Backlund signed a six-year, $32.1 million deal to stay with the Calgary Flames on Friday, deciding against testing free agency this summer.
The 28-year-old center had a breakout performance last season with 22 goals and 31 assists in 81 games that put him in the conversation for the Selke Trophy.