"This is a special day for all of us," said Stars General Manager Joe Nieuwendyk, who was a teammate of Modano's when the Stars won the 1999 Stanley Cup. "Mike Modano will always be the face of this franchise. He means so much to our organization and all of our fans. We wanted to give him the opportunity to retire as a Dallas Star. Mike has given his heart and soul to this game for over 30 years. On behalf of the entire organization and the National Hockey League, we would like to thank him for his dedication."
The contract is valued at $999,999 -- Modano wore No. 9 during his time in Minnesota/Dallas. As per the CBA, finalizing a one-year deal followed by retirement doesn't create any cap consequences.
Modano retired as the all-time leader among U.S.-born players in goals (561) and points (1,374). The first pick of the 1988 Entry Draft by the Minnesota North Stars, Modano holds a number of franchise records, including games played (1,459), goals (557), assists (802) and points (1,359). He's also the franchise's all-time leading playoff scorer, with 145 points in a club-high 174 games.
There will be a press conference in Dallas on Friday at 2 p.m. ET where Modano will address the media one final time. The event will be streamed live on the Stars' website and NHL.com.
At 6 p.m. on Saturday, NHL Network in the U.S. and Canada will premiere "Mike Modano: American Icon," which takes a look at Modano's life and career, starting from his childhood in Livonia, Mich., through his final game with the Stars in 2010. Family, friends and former teammates will pay tribute to Modano for what he did for the game of hockey and how he'll be remembered.
Contact Adam Kimelman at email@example.com. Follow him on Twitter: @NHLAdamK