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Coyotes, Niklas Hjalmarsson agree on 2-year, $10 million extension

Buffalo Sabres' Sam Reinhart (23) and Arizona Coyotes Niklas Hjalmarsson (4) collide during the third period of an NHL hockey game Wednesday, March 21, 2018, in Buffalo, N.Y. (AP Photo/Jeffrey T. Barnes)

The Arizona Coyotes and defenseman Niklas Hjalmarsson have reportedly agreed in principle to a contract extension, according to 98.7 FM Arizona’s Sports Station’s Craig Morgan.

Per the CBA, the deal can’t be signed until July 1 when free agency begins.

UPDATE: The dollar amount is not yet known, but a source told on Sunday that the extension is for two years, putting Hjalmarsson under contract through the 2020-21 season.

UPDATE: A league source said the contract extension is for $10 million.

The defenseman has one year left on his previous contract with a cap hit of $4.1 million.

Hjalmarsson, who had a shortened 2017-18 season due to injury, played in 48 games, scoring nine points (one goal and eight assists).

If the 31-year-old does sign his extension, he will join defenseman Oliver Ekman-Larsson, whom reported has agreed to an eight-year extension with Arizona with an average annual value of $8.25 million. Ekman-Larsson’s extension is also expected to be signed on July 1.

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