The Red Wings confirm the deal was made this afternoon, and TSN reported the contract was worth $1.387 million.
The Detroit Red Wings and restricted free-agent forward Andreas Athanasiou have been unable to come to terms on a new contract for this season, and that has led to the young forward traveling overseas to Switzerland to assess his playing options while things are worked out back in North America. Agreeing to a one-year contract for the 2017-18 season, Athanasious will now return to the Red Wings after a very lengthy contract dispute that stretched into the start of the NHL's regular season. It's a one-year deal worth $1.387 million.
"We see him as a top-nine forward who is going to be on a power-play unit and a penalty-kill unit", Holland said during the press conference. "The Detroit Red Wings had offered Athanasiou a two-year deal at $1.9 million per year". MLive reported that Athanasiou had been contemplating offers to play in Russia's KHL since late August.
According to CapFriendly, the Red Wings have $0 in cap space with 22 players on their 23-man roster.
The contract dispute was well-documented over the offseason with Bob McKenzie discussing the topic Thursday, highlighting the December 1 deadline to get a contract signed.
A lackluster Red Wings offense from a season ago got a spark from Athanasiou, who was second on the team with his 18 goals, adding 11 assists along the way for 29 points over 64 games.
"It can only go to December 1 because if he's not signed by then, he's out of the National Hockey League for this season, but here's the latest development", McKenzie said.
With the team in Toronto on Wednesday, Red Wings GM Ken Holland reportedly met with Athanasiou's agent to discuss the matter further. He averaged just 9:54 in ice time this past season.
Through seven games, the Red Wings are 4-3 and enter the weekend off back-to-back losses.