The Seattle Kraken and defenseman Jamie Oleksiak agreed to a five-year contract carrying an average annual value of $4.6 million, reports TSN's Pierre LeBrun.
The deal includes a no-trade clause for its first three years and a 16-team modified no-trade clause for the final two years, LeBrun adds.
Seattle selected Oleksiak from the Dallas Stars in Wednesday's expansion draft. The Kraken had an exclusive window from July 18-21 to negotiate with all pending free agents whom teams left exposed.
Oleksiak scored six goals and added eight assists in 56 games with the Stars last season. He averaged 20:29 of ice time. The 28-year-old led Dallas with 148 hits and ranked second with 88 blocked shots.
He just finished a three-year deal with the Stars that had an average annual value of $2.13 million. Oleksiak ranked third among defensemen on his team last season with a 52.56 Corsi For rating and a 54.11 expected goals for percentage at five-on-five.
The Stars drafted Oleksiak with the 14th overall pick in 2011. He's played 369 career games and has totaled 72 points.