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Coyotes make splash, sign Ribeiro: four years, $22 million

Jul 5, 2013, 12:49 PM EDT

mikeribeirogetty Getty Images

Mike Ribeiro was looking for term and a nice payday upon hitting free agency.

Today, he got both.

The Phoenix Coyotes — who have been actively spending to start the free agent frenzy — have agreed to a four-year, $22 million deal with the former Washington forward, according to TSN’s Bob McKenzie.

McKenzie also notes the deal carries a partial no-trade/no movement clause.

Ribeiro will carry a $5.5 million annual cap hit — up from the $5 million he made on his last deal — and immediately challenge for Phoenix’s No. 1 center position.

Ribeiro, 33, did enjoy a tremendous 2013 campaign, scoring 49 points in 48 games as the Caps won the Southeast Division.

He finished tied for 11th in NHL scoring (with Anaheim’s Ryan Getzlaf and Detroit’s Pavel Datsyuk) and finished just seven points back of teammate Alex Ovechkin, who captured the Hart Trophy as league MVP.

Signing in Phoenix brings Ribeiro back to the Western Conference, where he spent six seasons playing for Dallas from 2006-12.

He enjoyed some very successful times with the Stars, including a career-high 83-point performance during the 2007-08 campaign.

As for Phoenix, this is their second big monetary commitment of the day. The club kicked off free agency by signing Finnish forward Lauri Korpikoski to a four-year, $10 million deal.

  1. ibieiniid - Jul 5, 2013 at 12:56 PM

    say what u want, but thats a mistake for the caps imo. didnt give him enough time to fit in. next step Caps….. CLARKSON. do it or lose.

    • jpelle82 - Jul 5, 2013 at 1:40 PM

      caps need a guy like clarkson, someone with a spine.

  2. thailer35 - Jul 5, 2013 at 1:08 PM

    The coyotes are going to have serious depth at center now. Vermette who was solid on face offs last year, Hanzal who at 6’6″ is just a menace, and now Ribeiro? I don’t know how Tippett will even begin to assemble these lines, there’s so much potential!

  3. valarmorghuliss - Jul 5, 2013 at 1:11 PM

    His wife is tweeting how upset she is about going to the dry heat of Arizona

  4. endusersolutions2013 - Jul 5, 2013 at 1:46 PM

    With these two moves and the NHL moving two teams that finished higher to the East and replacing them with Winnipeg, Yotes now have a decent shot at making the playoffs.

  5. deezenucks - Jul 5, 2013 at 4:08 PM

    How happy will his wife be when they have to relocate again to Seattle or quebec etc in a year or two.

    • wisbadgers - Jul 5, 2013 at 6:42 PM

      I guess deezenucks has been living under a rock for the past week. NEWSFLASH: They have an owner and the contract cannot be voided for at least 5 years. If she relocated to Seattle or Quebec, it must mean she cheated on him with a mountie.

      • nj666 - Jul 5, 2013 at 7:29 PM

        there is an out clause in that deal that will allow them relocate.

      • hasekneverretires - Jul 5, 2013 at 7:36 PM

        @deezenucks @nj666
        The outclause is in 5 years, not in a year or two. DUH!!!!!!!

  6. proudliberal85392 - Jul 5, 2013 at 4:42 PM

    thailer35: Darn right.
    deezenucks: Give it a rest, pal. Nobody cares what you think.

  7. deezenucks - Jul 5, 2013 at 5:52 PM

    Liberal thats great, I dont care what you think either. I’m not your pal and I wasn’t expressing a thought, it was a question. Why bettman insists on leaving a team in that market is beyond me when there are other places that would fill the barn every night.

  8. proudliberal85392 - Jul 5, 2013 at 6:18 PM

    deezenucks, I love all of you authorities who have no clue of what really goes on here in Phoenix…pal.

  9. proudliberal85392 - Jul 5, 2013 at 7:07 PM

    wisbadgers, ROFLMAO. Thanks.

  10. deezenucks - Jul 5, 2013 at 9:11 PM

    I read the news, tell me for one min that you think it will get better? Who likes losing money. Your council voted 4-3 in favor, not exactly overwhelming.
    And for the record I have been to games in Phoenix, arena location is horribile, it’s cheaper to fly down and catch a game then going to one up here.
    I’d say a good half those fans are transplanted Canadians anyways. You seem to have a whole lot of flames, oilers and nucks fans there when their in town,
    But no complaints right? You need the $$

  11. aldog83 - Jul 6, 2013 at 1:46 AM

    Is 22 Million OK Tammy?

    Or are you “Pissed Off Beyond Belief”

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