The Colorado Avalanche signed goaltender Justus Annunen on Tuesday to a two-year contract extension through the 2025-26 season.

Financial terms were not disclosed, but Annunen -- who could have become a restricted free agent on July 1 -- will have a cap hit of around $833,000 on a one-way deal, according to ESPN's Kevin Weekes.

Annunen, who turned 24 on March 11, is currently paid $775,000 on a two-way deal that pays $225,000 in the AHL.