Forward Jordan Schroeder agreed to terms on a one-year, two-way contract with the Minnesota Wild on Monday. The contract is worth $650,000 at the NHL level and $275,000 at the American Hockey League level.
Schroeder, 25, who was a restricted free agent, was scheduled to have an arbitration hearing in Toronto on Wednesday. He had two goals and four points in 26 games with the Wild last season and 34 points in 40 games with Iowa of the AHL.
The Wild placed Schroeder on waivers and he cleared on July 20.
Schroeder has 11 goals and 27 points in 107 regular-season games with the Wild and Vancouver Canucks over four seasons and two points in five Stanley Cup Playoff games. He was selected by Vancouver in the first round (No. 22) of the 2009 NHL Draft.