"Originally I was searching for more years (on his deal) and the Jets offered me a two-year deal, but after thinking about it I just felt most comfortable with a one-year deal," Wellwood said in a conference call, according to the newspaper. "To have this out of the way and be able to come into an environment I already know and have some familiarity, I’m really excited."
Wellwood, 29, played in 77 games with the Jets last season, recording a career-high 47 points (18 goals, 29 assists), good for fifth on the team, and four penalty minutes.
The Windsor, Ontario, native has played in 450 career NHL games between Toronto, Vancouver, San Jose and Winnipeg, posting 86 goals, 220 points and 34 career penalty minutes.
Wellwood was selected by the Toronto Maple Leafs in the fifth round (No. 134) of the 2001 NHL Draft.
The Jets also announced Friday they have signed defenseman Paul Postma. The Free Press reports it is a one-year, one-way contract worth $550,000.
Postma, 23, played in 56 games with the St. John’s IceCaps last season. His 44 points (13 goals, 31 assists) led the team's defensemen. He had 10 points (one goal, nine assists) in 15 Calder Cup playoff games.
The team also signed forward Ben Maxwell and goaltender Mark Dekanich. Maxwell played six games for the Jets last season. Dekanich played five games for the Springfield Falcons.