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Coyotes sign Stone to 1-year contract worth reported $4M, avoid arbitration

Norm Hall / National Hockey League / Getty

The Arizona Coyotes and defenseman Michael Stone have avoided arbitration by agreeing to terms on a one-year contract.

The deal is worth $4 million, according to Elliotte Friedman of Sportsnet.

Stone, 26, appeared in 75 games for the Coyotes this past season, recording a career-high 30 assists and 36 total points. He also led the team with 143 blocked shots.

A restricted free agent prior to the new agreement, Stone carried an average annual valuation of $1.15 million in each of the past three seasons.

An arbitration hearing was scheduled for Aug. 4.

Tobias Rieder remains Arizona's lone restricted free agent.

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