DETROIT - Johan Franzen is staying in Hockeytown.
The Swedish forward inked an 11-year contract with the Detroit Red Wings on Saturday worth US$43.5 million. The new deal runs through the 2019-20 season.
The contract averages $3.95 million per season.
The Red Wings said the deal for Franzen, known as Mule, is the second-longest in team history, just behind the twelve-year contract signed by Swedish teammate Henrik Zetterberg in January.
"We are thrilled that Johan will remain a member of the Detroit Red Wings," general manager Ken Holland said in a statement. "His production over the past year and a half, both regular season and playoffs, has been remarkable and we feel, at 29 years old, that he is just now entering the prime of his career.
"We look forward to having him as a part of our core unit in Detroit moving forward."
Franzen has set career-highs in goals (34), assists (25) and points (59) in 69 games this season.
Franzen, who was originally a third-round draft pick (97th overall) of the Red Wings in 2004, is currently in his fourth NHL season. He'll make US$1.15 million this year, and was set to become an unrestricted free agent July 1.