The LA Kings have signed goaltender Cal Petersen to a three-year contract extension with an average annual value (AAV) of $5,000,000.
Petersen, 26, played in 35 games last season and registered career-highs in both save percentage (.911) and goals-against-average (2.89) while posting a 9-18-5 record. He finished the season with a team-high in save percentage, games played, and minutes played.
Following the season, Petersen represented Team USA at the 2021 IIHF Men's World Championship in Riga, Latvia, where he backstopped the U.S. to a bronze medal while becoming just the fourth-ever U.S. player to earn Best Goaltender tournament honors. In seven games, Petersen posted a record of 5-2-0, a .953 save percentage, 1.29 goals-against-average and two shutouts to lead the tournament in both save percentage and goals-against-average, tie for first in shutouts, and rank second in minutes played (417:14). Petersen's performance in goal ranks among the best-ever by a U.S. netminder in IIHF Men's World Championship play as his goals-against-average ranks second in U.S. history and was the best effort by a U.S. goaltender since 1939.
The Waterloo, Iowa native was signed by the Kings as a free agent on July 1, 2017. In 54 regular-season career NHL games, he has registered a 19-25-6 record, .916 save percentage, 2.79 goals-against-average and one shutout. He also appeared in three seasons with the Ontario Reign (AHL), where he totaled 116 games played, a 53-48-13 record, .904 save percentage, 3.32 goals-against average and seven shutouts while also being a two-time AHL All-Star (2017-18 and 2019-20). Petersen was originally selected in the fifth round (129th overall) by the Buffalo Sabres in the 2013 NHL Draft.
The 6-1, 185-pound goaltender played three seasons at the University of Notre Dame (NCAA). A two-time finalist (2015-16, 2016-17) for the Mike Richter Award as best collegiate goaltender, Petersen registered a 55-39-15 record, .924 save percentage, 2.30 goals-against-average and 11 shutouts in 110 appearances with the Fighting Irish. His collegiate career was highlighted by his junior season in which he appeared in all 40 games, posting a 23-12-5 record, .926 save percentage, 2.22 goals-against-average and six shutouts. The first-ever goaltender in school history to serve as captain of the Irish, Petersen ranked first in the nation in minutes played (2,375), tied for first in shutouts, tied for fifth in wins and 11th in save percentage.