Devils re-sign Adam Larsson, Alex Chiasson awarded a new contract, plus updates on Derek Stepan, Ryan Getzlaf  and more. 

Devils re-sign defenseman Adam Larsson to a five-year deal.

Devils re-sign defenseman Adam Larsson to a five-year deal.

NORTHJERSEY.COM: The New Jersey Devils avoided salary arbitration with defenseman Adam Larsson by re-signing him to a six-year, $25 million contract. “The deal, which carries an annual salary cap hit of $4,166,666, pays Larsson $2.5 million in 2015-16, $3 million in 2016-17, $4.5 million in 2017-18, $4.85 million in 2018-19, $5.05 million in 2019-20 and $5.1 million in 2020-21. It also includes a limited no-trade clause for the last three seasons that allows Larsson to submit a list of eight teams to which he cannot be traded.”

SPECTOR’S NOTE: After struggling to establish himself as an NHL regular since his promising debut in 2011-12, Larsson tallied 24 points in 64 games last season. Twenty of those points came in his final 40 games, during which he skated on the top defense pairing with Andy Greene. Now 22, Larsson has matured into a steady NHL defenseman. With confidence renewed, he could blossom into a star for the Devils. 

OTTAWA SENATORS: announced an arbiter has awarded winger Alex Chiasson a one-year, $1.2 million contract.

SPECTOR’S NOTE: The Chiasson camp sought $2.475 million while the Senators pitched $1 million. Chiasson earned an average cap hit of $900K on his last contract. He tallied 26 points in 76 games last season. He got a fair reward from the arbiter. He’s eligible next summer for RFA status with arbitration rights. Chiasson must step up his play if he hopes for a more lucrative deal from the Senators. 

SPORTSNET’s Elliotte Friedman took to Twitter yesterday to report the New York Rangers and Derek Stepan submitted their respective salary proposals heading into arbitration on Monday. The Rangers are offering $5.2 million while Stepan seeks $7.25 million.

SPECTOR’S NOTE: I still expect the two sides will settle on a multi-year deal around $6.5 million. 

THE ORANGE COUNTY REGISTER: If you’ve got $4.9 million burning a hole in your pocket, you can buy Anaheim Ducks captain Ryan Getzlaf’s ranch house.

THE COLUMBUS DISPATCH: The Blue Jackets have invested heavily in next season’s roster, but will it pay off?

SPECTOR’S NOTE: If they can stay healthy, absolutely. Injuries walloped the Jackets last season and was the main reason they missed the 2015 playoffs. And with Brandon Saad joining their roster, I expect they’ll be even better. 

THE NEWS & OBSERVER: Promising defenseman Noah Hanafin hopes to crack the Carolina Hurricanes roster, but the team doesn’t want to rush him.

NBC SPORTS: NHL commissioner Gary Bettman says the shootout to decide tied regular-season games isn’t going anywhere.

SPECTOR’S NOTE: There are some players, coaches and GMs who hate the shootout and want it gone, but the majority of hockey fans love it. That’s why it’s here to stay. 

TRIBLIVE.COM: Pittsburgh Penguins assistant GM Tom Fitzgerald has left the team to join the New Jersey Devils in a similar role.

TAMPA BAY TIMES: Lightning CEO Tod Leiweke steps down to become chief operating officer of the NFL.