The Colorado Avalanche have officially come to terms with restricted free agent winger Jamie McGinn on a two year deal valued at $3.5million. McGinn was initially reported to be heading to salary arbitration.

Adrian Dater of the Denver Post confirms the specifics of the deal.

Jamie McGinn will make $1.65 million this year, $1.85 million the second year

— adater (@adater) July 13, 2012

McGinn, 23, enjoyed a breakout 2011-2012 season with the San Jose Sharks by scoring 12 goals in just 61 games. The Colorado Avalanche acquired him at the trade deadline in exchange for forwards Daniel Winnik and TJ Galiardi, and McGinn had a terrific finish to the season while wearing an Avalanche sweater.

With eight goals and 13 points during the final 17 games of the year, McGinn ensured himself of a solid payday with Colorado. The two year deal allows him some financial security, and gives the Avalanche a young, cost controlled winger that could score 15 or more goals in a season.

With the signing, center Ryan O'Reilly remains the final restricted free agent yet to be signed for 2012-2013.

For more coverage, visit our Avalanche blog Mile High Hockey.