The Penguins have reached a two-year contract agreement with right winger Colby Armstrong.
Armstrong will be paid $1.2 million each season.
Armstrong, a restricted free agent, had been scheduled to have an arbitration hearing if his agent had not been able to strike a deal beforehand.
Armstrong, 24, registered 34 points (12 goals, 22 assists) and recorded 67 penalty minutes in 80 games last season. He tied the Penguins record with three overtime goals in 2006-07 and scored each of his 12 goals when the game was tied or the Penguins were trailing.
The 6-2, 190-pound native of Lloydminster, Saskatchewan, Canada, made his NHL debut with the Penguins in 2005-06. Armstrong has recorded 74 points (28 goals, 46 assists) in 127 NHL games. He was drafted by the Penguins in the first round (21st overall) of the 2001 entry draft.
More details in tomorrow's Pittsburgh Post-Gazette.