"We are very pleased to sign Tobi to a multi-year contract," Coyotes general manager John Chayka said. "Tobi is a reliable, two-way forward who competes extremely hard. He had a great World Cup and we are excited to have him back."
Rieder remained in Toronto after competing for Team Europe at the World Cup of Hockey 2016, training with skills coach Jari Byrski. He had an assist in six games to help Team Europe advance to the final, where it lost to Team Canada in two games.
Chosen in the fourth round (No. 114) by the Edmonton Oilers in the 2011 NHL Draft, Rieder was acquired in a trade with the Oilers for forward Kale Kessy on March 29, 2013. He comes off a three-year, entry-level contract reportedly worth $2.775 million after setting NHL career highs in goals (14), assists (23) and points (37) while averaging 17:18 of ice time in 82 games last season.
