The Minnesota Wild announced Monday that they signed goaltender Filip Gustavsson to a three-year contract with an average annual value of $3.75 million.

The two sides were scheduled for arbitration Friday. Gustavsson is coming off of a two-year contract that carried a $787,500 cap hit.

His new deal features a five-team no-trade clause in the final year of the contract, according to PuckPedia. He'll be an unrestricted free agent in 2026.

The 25-year-old posted a 22-9-7 record and a 2.10 goals against average last season. His .931 save percentage ranked second among goaltenders with over 10 NHL appearances.

In the playoffs, Gustavsson had a .921 SV% in five starts, including a spectacular 51-save performance in the Wild's Game 1 double overtime win against the Dallas Stars. The only postseason game he didn't start was Game 2, which went to Marc-Andre Fleury. Gustavsson was pulled following the second period in Game 6 after allowing three goals on 26 shots.

Minnesota acquired Gustavsson from the Ottawa Senators in 2022 in a straight swap with Cam Talbot. He's played 66 games over three seasons split between the two clubs and has a career .920 SV%.

The Pittsburgh Penguins drafted the Swede 55th overall in 2016. He was shipped to the Senators in 2018 as part of the Derick Brassard trade.

Internationally, Gustavsson has played for Sweden at every level. He was named the best goaltender at the 2016 U18s and 2018 world juniors. He won gold at the 2018 World Championships as Sweden's third-string netminder, and silver at the world juniors, U18s, and Hlinka Gretzky Cup as starter.

The Wild have $1.6 million in cap space after the signing, according to CapFriendly. Calen Addison is the last restricted free agent yet to sign.