MLive.com and the Macomb Daily report the deal is worth $1.85 million. Gustavsson made $1.5 million in 2013-14, the second year of a two-year deal.
Gustavsson has spent the past two seasons backing up Jimmy Howard in Detroit. He was 16-5-4 in 2013-14 with a 2.63 goals-against average and a save percentage of .907. He was 0-2 with a 2.71 GAA and a .917 save percentage against the Boston Bruins in the Stanley Cup Playoffs.
The 29-year-old Swede has a 57-52-20 career record in 141 games for the Red Wings and Toronto Maple Leafs. He was eligible to become an unrestricted free agent on July 1.
Obviously he's been my favorite goalie since I grew up. He's kind of close to my hometown so I've been watching him my whole life. It's a pretty special moment for me to score two goals on Lundqvist in such an important game as this.
— Capitals forward Andre Burakovsky after scoring his first two Stanley Cup Playoff goals against his childhood idol Henrik Lundqvist