Austin, 6-foot-3 and 234 pounds, was selected by the Sabres in the seventh round of the 2012 draft. He is coming off a career season in which he had nine goals and 24 assists in 67 games split between Belleville and London in the Ontario Hockey League.
The signing was announced Thursday. NHL teams have until Sunday to sign their 2012 draft picks to retain their rights.
I have been blessed to play for 16 years in the NHL; it has been an amazing ride. I would like to thank the Tampa Bay Lightning and New York Rangers organizations and owners for providing me the opportunity to play the sport I love for so many years. I could have never played for so long or accomplished all that I have without the unwavering love and support from my wife, Heather, our three sons, Ryan, Lucas, and Mason, and my parents.
— Martin St. Louis after announcing his retirement from the NHL on Thursday