OTTAWA -- Goaltender Craig Anderson signed a two-year, $9.5 million contract extension with the Ottawa Senators on Friday.
The extension has an average annual value of $4.75 million. Anderson, 36, will make $5.5 million next season and $4 million in 2018-19. The contract has a 10-team no-trade clause.
Anderson is beginning the final season of a three-year contract that has an average annual value of $4.2 million and will make $3.1 million this season, according to CapFriendly.com.
The Senators signed backup Mike Condon to a three-year, $7.2 million contract (average annual value of $2.4 million) on June 28.
"For any organization, goaltending is always a priority," Senators general manager Pierre Dorion said. "To me, it's the most important position. To our staff, it's the most important position that anyone plays. Having these two guys now, who worked great as a tandem last year, we feel we have one of the best tandems in the League. Having both under contract now for the next three years is one of our strengths.
"I think it's a bonus to have both guys under contract, and Craig at that age, we haven't seen a drop-off; if anything, I've seen an improvement in his play in the last few years."
Video: MTL@OTT: Anderson turns away strong wrist shot
Anderson was 25-11-4 last season with a 2.28 goals-against average, .916 save percentage and five shutouts in 40 games. He took a two-month leave of absence from December to February to be with his wife, Nicholle, who had throat cancer and is now in remission.
Anderson was 11-8 with a 2.34 GAA and .922 save percentage in 19 Stanley Cup Playoff games, and won the Masterton Trophy for perseverance and dedication to hockey.
Condon, 27, started 27 consecutive games during Anderson's absence. He was 19-14-6 with a 2.48 GAA and .914 save percentage in 40 games. Condon was acquired in a trade with the Pittsburgh Penguins on Nov. 2.
"It's been a great home for me in Ottawa and I'm really looking forward to playing it out here and continuing to contribute to the team and the organization," Anderson said. "I'm just really ecstatic about being able to be part of this group and part of this team.
"We talked about it pretty much all summer, Nicholle and I, just trying to figure out what's best for our family and my career and where we kind of wanted things to go and play out. Everything kind of boiled down to, I still love the game, I still want to be here, I still want to come and compete on a daily basis. I feel like that fire is still very strong.
"You know when it's time [to retire], and I felt very strongly like I've got lots of time left."
Acquired by the Senators in a trade with Colorado Avalanche for goaltender Brian Elliott on Feb. 18, 2011, Anderson is Ottawa's all-time leader among goaltenders in games played (293) and wins (151).
Anderson is tied for fifth in save percentage (.921) in the NHL over the past three seasons.