Updated: November 1, 2008, 1:02 AM ET

Senators agree to four-year extension with their captain

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By Pierre LeBrun
ESPN.com
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The Ottawa Senators and captain Daniel Alfredsson have agreed to a four-year contract extension.

Team owner Eugene Melnyk and general manager Bryan Murray made the announcement Thursday afternoon.

Daniel Alfredsson

Alfredsson

"Daniel is the type of person and player that we want to continue building this franchise around," Murray said in a statement. "We are happy to have him here to lead our team towards the goal of bringing a Stanley Cup to Ottawa."

Alfredsson's deal, which is complicated in its breakdown, is worth $21.6 million.

Alfredsson, who will be 36 next month, had three years remaining on his current deal but had a clause in it that allowed him to become an unrestricted free agent at the end of the season if he played 70 games and registered 70 points.

Alfredsson, a five-time All-Star, has scored at least 70 points in each of the past seven seasons, including a career-high 103 in 2005-06.

"The Senators organization and the city of Ottawa have embraced both me and my family as part of this community," Alfredsson said in a statement. "It's an exciting time for our family to know that we'll be able to spend the rest of my NHL career in Ottawa."

The Senators decided to open negotiations on an extension with their star winger earlier this month in Stockholm, regardless of whether he met those triggers.

Talks finally heated up the past few days.

Pierre LeBrun covers the NHL for ESPN.com. Information from The Associated Press was used in this report.