The Colorado Avalanche have made the biggest finical deal in the first day of the free agent period by signing ex-Islanders forward P.A. Parenteau to a 4-year deal worth $16 million.
Parenteau, 29, has signed his first long-term deal with a franchise after signing six one-year deals over his career.
Parenteau recorded 67 points and 89 penalty minutes in 80 games during the 2011-12 season. He played alongside John Tavares in New York, which some say helped his stats but Colorado will offer Parenteau the same type of talent at center - Paul Stastny, Matt Duchene and Ryan O'Reilly.
