The Winnipeg Jets agreed to terms on a four-year, $12 million extension for defenceman Dylan DeMelo on Wednesday.

The deal will carry an average annual value of $3 million for DeMelo, who the Jets acquired ahead of the trade deadline from the Ottawa Senators in exchange for a third-round pick. He was previously scheduled to become an unrestricted free agent on Friday.

TSN Hockey Insider Pierre LeBrun reports DeMelo received a modified no-trade clause in each year of the deal. 

He was without a point in 10 games upon joining the Jets, averaging 21:14 of ice time. The 26-year-old was also without a point in four games during the Return to Play.

In 59 games with the Jets and Senators this past season, DeMelo had 10 assists. 

A sixth-round pick of the San Jose Sharks in 2011, DeMelo has seven goals and 64 points in 269 games with the Sharks, Senators and Jets.

More details to follow.