The Ottawa Senators have agreed to a two-year contract extension worth $2.5 million per season with defenceman Chris Phillips.
Phillips' deal reportedly includes a no-trade clause.
The 35-year-old has appeared in 52 games with the Senators this season, scoring one goal and 12 assists.
He is in the final year of a three-year, $9.25 million contract and was scheduled to become an unrestricted free agent on July 1.
Phillips was selected first overall at the 1996 NHL Entry Draft by the Senators. He has spent his entire 16-year NHL career in the nation's capital and ranks behind only long-time former captain Daniel Alfredsson on the team's all-time games played list.
In 1,125 games with the Senators, he has scored 71 goals and 212 assists.