Avalanche Offseason 2012: Jean-Sebastien Giguere Agrees To 1- Year Extension

The Avalanche extended goalie Jean-Sebastien Giguere for one more year.

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Matt Duchene signs in Sweden during NHL lockout

Colorado Avalanche center Matt Duchene has signed with Frolunda of the Elitserien in Sweden.

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Avalanche Free Agency: Colorado Signs P.A. Parenteau To 4-Year, $16 Million Contract

The Colorado Avalanche have made a bit of a splash on the first day of 2012 NHL Free Agency by signing right wing P.A. Parenteau to a four-year, $16 million contract on Sunday, the team announced.

According to the Denver Post's Adrian Dater, the contract is worth $16 million over four years.

Parenteau should be slated to play on one of the top two lines in Colorado given his production over the last two years with the New York Islanders. He has played parts of four season in the NHL but just two full seasons, both with the Islanders. In 2010-11, Parenteau scored 20 goals and 53 points. Last season he went down to 18 goals, but he put up 67 points. As well, he was in the box for 89 minutes.

Dater believes Matt Duchene and Parenteau will both play on the same line. However it plays out this fall, the Avalanche have, at least on paper, improved their forward line.

For more coverage, visit our Avalanche blog Mile High Hockey. For more news and notes around the league, head over to SB Nation NHL.

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Avalanche Offseason 2012: Colorado Re-Signs Steve Downie To Two Year Deal

As NHL free agency approaches, the Colorado Avalanche continue to extend offers to their restricted free agents. The latest beneficiary of a new deal is forward Steve Downie, according to Bob McKenzie of TSN.

Downie, 25, was acquired at the trade deadline from the Tampa Bay Lightning in exchange for defenseman Kyle Quincey. The hard hitting forward had a spectacular first two weeks with Colorado before a shoulder injury limited his effectiveness for the remainder of the season. He underwent offseason surgery and is expected to be fully healthy by the start of camp.

For updates on the Avs offseason, stay tuned to SB Nation Denver. For more coverage,visit our Avalanche blog Mile High Hockey. For more news and notes from around the league, head over to SB Nation NHL.

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Matt Duchene Signs 2-Year Contract With Colorado Avalanche

The Colorado Avalanche announced on Saturday morning that the club signed forward Matt Duchene to a two-year contract that will take him through the 2013-14 season. The third-year player was set to become a restricted free agent this summer before this deal and will still be one when it ends.

TSN's Bob McKenzie reports that Duchene will make $3.25 million for the 2012-13 season and $3.75 million for the final year of the deal. That makes his cap hit $3.5 million -- all in all a very favorable number for the Avalanche, as Mile High Hockey writes.

Duchene, the third overall pick in the 2009 NHL Draft, has 150 career points in three seasons, including 65 goals. However, he battled through knee and ankle injuries this past season, amassing just 28 points in 58 games. The 21-year-old will be looked upon for a rebound this season.

For more coverage, visit our Avalanche blog Mile High Hockey. For more news and notes around the league, head over to SB Nation NHL.

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