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Devils lock up Kyle Palmieri to five-year deal

The New Jersey Devils and right winger Kyle Palmieri have agreed to terms on a five-year deal worth $23.25 million.

What It Means:

Both sides seemed interested in a long-term deal from the start, and the salary arbitration that Palmieri filed for earlier this week is no longer necessary.

Palmieri is coming off the best season of his career, notching 30 goals and 27 assists during the 2015-2016 campaign. However, his 45.6 Corsi For Percentage was the lowest since his rookie season.