The Philadelphia Flyers and Kimmo Timonen have agreed on a one-year contract extension that will be worth in the neighbourhood of $6 million.
Timonen was slated to become an unrestricted free agent this summer.
"We are pleased to announce that we have signed Kimmo Timonen to a one-year contract extension," Flyers general manager Paul Holmgren said. "Kimmo's presence on the ice for us and in our locker room is invaluable. We look forward to him continuing his all-around play for us."
The Finnish blue liner is in the final year of a six-year, $38 million contract, which carries a $6.33 million cap hit.
In 10 games with the Flyers this season, Timonen has one goal and four assists for five points and a plus-2 rating.
A former 10th-round pick of the Kings in 1993, Timonen made his NHL debut with the Predators in 1998 and has compiled 107 goals and 405 assists in 980 games for the Preds and Flyers over 14 seasons.