Zach Parise signed to a One-Year Deal

Devils, Parise avoid Aug. 3 arbitration, continue working on long-term pact

Friday, 07.29.2011 / 7:06 PM / News

Associated Press

The Devils are working toward a long-term deal with Parise. GETTY IMAGES

NEWARK, N.J. (AP) — The New Jersey Devils have reached an agreement with high-scoring left wing Zach Parise on a one-year contract.

In making the announcement late Friday afternoon, Devils president and general manager Lou Lamoriello said the two sides were continuing to work on a multiyear deal.

The Devils had filed for arbitration with Parise in June. The hearing had been set for Aug. 3.

Parise earned $5 million last season, a year in which he was limited to 13 games and three goals by a knee injury that required surgery. He had been the catalyst of the Devils’ offense the previous four seasons, scoring 146 goals.

P&HS Analysis: Thank God this one went down smoothly.  This one year no arbitration deal allows Lou and ZP some time to work on a long term deal which will certainly unfold in the hopefully not so distant future.  Zach wants to stay in the Garden State and if we ever lost him we'd be up the creek without a... pitchfork!