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Unrestricted free agent forward Tyler Bozak has agreed to terms on a contract extension with the Toronto Maple Leafs, according to Darren Dreger of TSN on Friday afternoon. Bozak agreed to a five-year contract with an annual average value just under $4.5 million contract. Aaron Ward of TSN reports the deal is for $21 million.
Bozak completed the final year of a two-year, $3 million contract that carried an annual average value of $1.5 million. Dreger reported earlier this week that Bozak's representation at Newport Sports had tabled an eight-year proposal with an annual average salary just under $5 million.
With the decision to give Mikhail Grabovski a compliance buyout on Thursday, which removed his $5.5 million cap hit off the books. Many assumed that the space created by this decision would help retain Bozak.
In 46 regular games played, Bozak registered 28 points (12 goals and 16 assists), while averaging 20:18 of ice time and recording a 52.6 winning percentage.