The Colorado Avalanche announced Friday afternoon that they have signed goaltender Pavel Francouz to a two-year deal.
Mike Chambers of the Denver Post reports the deal is for $4 million total with a cap hit of $2 million per season.
The 29-year-old has a 15-5-3 record with a save percentage of .923 and a goals-against average of 2.44 in 24 appearances with the Avalanche so far this season.
The Plzen, Czech Republic, native posted a career-best five-game winning streak from Nov. 7 to Dec. 7 and went 9-0-1 from Nov. 7 to Dec. 23. It was the longest stretch without a regulation loss by an Avs netminder since Semyon Varlamov in 2013-14 (11-0-5).
"We are excited to have Pavel under contract for another two seasons," said Avalanche executive vice-president and general manager Joe Sakic in a news release. "He has been an important part of our team this year and has performed really well, especially when we needed it most. He is a hard-working professional, a great teammate and has earned his opportunity in the NHL."
The 29-year-old also appeared in two games with the Avalanche last season after signing with the organization in May of 2018.