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Parenteau signs four-year deal with Avalanche

Sunday, 07.01.2012 / 4:30 PM

By NHL.com Staff -  / NHL Free Agency 2012 blog

PA Parenteau has indeed cashed in following his impressive 2011-12 campaign.

Parenteau, who had 67 points for the New York Islanders last season, has agreed to a four-year contract with the Colorado Avalanche, the team announced Sunday.

TSN reported the deal is worth $16 million.

"P.A. is a skilled winger who will instantly improve our offense," Avalanche general manager Greg Sherman said in a statement. "He’s a dynamic player who will help our power play and complement our young centers."

Skating alongside John Tavares, Parenteau, a 29-year-old wing, tallied 120 points (38 goals, 82 assists) in two seasons with the Isles.

Parenteau spent a half-dozen seasons in the minor leagues before finally getting a chance to play in the NHL with the New York Rangers. He had three goals and five assists in 22 games for the Blueshirts in 2009-10 before signing with the Islanders that summer as a free agent.

I didn't think it would actually work, but it ended up working, so I'm thanking my lucky stars tonight.

— Columbus forward Nick Foligno on scoring the overtime goal after telling the Blue Jackets in the locker room that he would win the game