Canucks keep Kevin Bieksa
The deal is worth $23 million deal, a source told ESPN.com. Bieksa, who earned $3.5 million this past season, will earn $7 million in 2011-12.
The rest of his contract breakdown: $4.5 million in 2012-13; $5 million in 2013-14; $4 million in 2014-15; and $2.5 million in the last year.
Bieksa, who turned 30 on June 16, had six goals, 16 assists and was tied for second in the NHL with a plus-32 rating in 66 regular season games last season.
He played his best hockey after being united with Dan Hamhuis on a defensive pairing that regularly went up against the opposition's best forwards down the stretch.
Bieksa had five goals and five assists in 25 playoff games, including the Western Conference-clinching goal in double-overtime against the San Jose Sharks.
Originally selected in the fifth round of the 2001 NHL draft out of Bowling Green, Bieksa has 34 goals and 113 assists in 347 games with the Canucks.
He suffered a pair of serious skate cuts to his legs in 2007-08 and 2009-10, and only got back to full health last season.
There was widespread speculation a year ago he would be traded to clear salary-cap space, but that ended when fellow defenseman Sami Salo tore his Achilles last summer, and Bieksa re-emerged as one of Vancouver's more reliable two-way defenders.
Information from ESPN.com's Pierre LeBrun and The Associated Press was used in this report.