The Phoenix Coyotes may be in bankruptcy but they continue to do business.
The Coyotes have also agreed to terms with forward Petr Prucha on a two-year deal worth $1.1 million per season.
Reinprecht, meanwhile, has signed a three-year deal with the Panthers.
Reinprecht's three-year deal has a cap hit of $2.050 million. He will get $1.8 million in the first year and $2.175 million in each of the following two years.