- Pierre LeBrun, NHL
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The deal is for three years and is worth $8 million, a source told ESPN.com.
"David has become one of our core players, and we are delighted to have him under a
multiyear contract," Devils president and general manager Lou Lamoriello said.
The 26-year-old winger would have been a restricted free agent Thursday. He will earn $2 million next season and $3 million each of the next two seasons after that.
Clarkson had 11 goals and 13 assists in 46 games this past season, as well as 85 penalty minutes. He missed a large portion of the season because of a broken right leg.
If Pandolfo is not claimed, the team can buy out the last year of his $2.5 million contract for roughly $1.67 million.
The 35-year-old Pandolfo was with the Devils for part of the 1996-97 and 97-98 seasons before joining them full-time the following season. He played on Stanley Cup-winning teams in 2000 and 2003.
Peters is in the final year of a two-year contract that would pay him $500,000 next season. His deal can be bought out for $333,333.
The Devils still haven't signed defenseman Paul Martin or star forward Ilya Kovalchuk, both of whom can become unrestricted free agents Thursday. Both players are expected to draw major interest and lucrative contract offers.
Lamoriello said the Devils will continue to pursue Martin and Kovalchuk if they become free agents.
Pierre LeBrun covers the NHL for ESPN.com. Information from The Associated Press was used in this report.
The New Jersey Devils have re-signed rugged forward David Clarkson to an $8 million, three-year contract, a source told ESPN.com.