Shane Doan signed a US$22.75-million, five-year contract extension with the Coyotes on Thursday, committing long-term to the only NHL franchise he has ever been a part of. The deal was agreed to Wednesday after Coyotes CEO Jeff Shumway, GM Mike Barnett and Doan's agent J.P. Barry made significant progress during talks earlier in the week.
"I'm extremely excited to remain a Coyote," Doan said in a statement. "I was drafted by this organization and it means a great deal to me to be able to play with this franchise my entire career.
"I am very excited about our team, coaches and management and I am confident about our future. I chose to stay with the Coyotes because I love this city and our fans and I want to win here, not anywhere else."
The new deal will pay Doan $4.55 million a season. Doan, 30, is earning $3.38 million this season and was slated to be an unrestricted free agent July 1.
"All 30 teams would most certainly have knocked on his door," said Barnett. "Nonetheless, Shane instead elected to remain committed to the organization that gave him his first chance to be an NHLer.
"His is not a decision that we take lightly."
The native of Halkirk, Alta., has played his entire 11-year NHL career with the Winnipeg/Phoenix organization.
He leads the Coyotes with 19 goals in 48 games this season, while adding 16 assists. He had a career-high 30 goals in 82 games last season.
Earlier this week the Coyotes traded leading scorer Ladislav Nagy to Dallas when they couldn't reach agreement with him on a long-term deal. Head coach Wayne Gretzky was happy things worked out differently with Doan.
"Shane is the face of our franchise and our best player," said Gretzky. "He is a great captain and leader and an even better person."