SAN JOSE, CA - APRIL 16: Chris Tierney #50 of the San Jose Sharks skates up ice with control of the puck against the Anaheim Ducks during the second period in Game Three of the Western Conference First Round during the 2018 NHL Stanley Cup Playoffs at SAP Center on April 16, 2018 in San Jose, California.

Sharks avoid arbitration with Tierney, settle on 2-year deal

Thearon W. Henderson / Getty Images Sport / Getty

The San Jose Sharks agreed to a two-year contract with forward Chris Tierney on Wednesday, the team announced.

Both sides avoid arbitration with a new deal that carries an annual average value of $2.9375 million, reports Sportsnet's Elliotte Friedman.

Chris Tierney's 2 year deal with the #Sharks breaks down as follows:

2018-19: $2,900,000
2019-20: $2,975,000

The deal buys 2 Arb eligible RFA seasons. Tierney will once again expire as a Restricted Free Agent with arbitration rights in 2020.https://t.co/70rWwedivi pic.twitter.com/VtMrIniAYs
— CapFriendly (@CapFriendly) July 18, 2018

Tierney is coming off a strong year for the Sharks. The two-way forward registered career highs in goals (17), assists (23), and points (40) while playing in the full slate of 82 games. He added two assists in 10 playoff games.

The 24-year-old Keswick, Ontario, native was selected 55th overall by San Jose in the 2012 NHL Draft. Tierney was scheduled to have an arbitration hearing Friday.