Sens give Regin two-year contract

Centre Peter Regin has signed for two more years with the Senators. Ottawa Sun file photo

Centre Peter Regin has signed for two more years with the Senators. Ottawa Sun file photo

BRUCE GARRIOCH, QMI Agency

, Last Updated: 10:27 AM ET

Peter Regin was happy to avoid the whole mess.

While the Senators centre made the long trek from Denmark to Toronto for his arbitration hearing Friday morning, the trip ended up being well worth it after he signed a two-year, $2-million (all terms US) deal Thursday.

After arriving in Canada late Wednesday, talks between Senators GM Bryan Murray and Regin's agent, Marc Levine, heated up Thursday afternoon and they got the deal completed late in the day.

Under the terms of the agreement with the Senators, Regin, who made $675,000 last season while getting an increased role late in the season, will make $950,000 in 2010-11 and $1.050 million in 2011-12.

"I guess I can go home now," said Regin. "I'm just glad that it's all done, that we didn't go through arbitration and that I can look forward to starting to get ready for next year. We have a good team.

"I think we have a better team than last year. It's going to be exciting."

Regin was happy to avoid the arbitration process, as he had heard stories about hearings getting ugly that left lingering bad feelings afterward.

"Both of us wanted to get it done. We didn't go through arbitration. I know I didn't want to go there and I don't think Ottawa wanted to either," said Regin.

"We got an agreement that both parts are happy about the contract. At least I'm happy about it and now I'm just looking forward. I'm excited about getting back there and getting ready for training camp."

Murray said Wednesday he had no issue giving Regin "a fair deal" because of the improvement he showed last season. With money tight, though, the Senators couldn't afford to overpay a role player.

"Arbitration is always tough for both sides," said Murray, who was preparing to leave for Toronto when the deal was completed. "The player hears things that he doesn't really want to hear, but the organization has to fight for their rights as well.

"We like Peter. I think he's a really good prospect going forward. We're happy if he's happy. Obviously, we want to be fair. Hopefully, he comes in and has a great couple of years for us."

For the early part of last season, Regin struggled to find his role. He finished with 13 goals and 16 assists in 75 games, playing an average of 12:05.

His ice time was 18:05 in six playoff games. He added three goals in the club's first-round series against the Penguins.

A league source said based on Regin's numbers he likely would have received $900,000-$1.1 million in a ruling from an arbitrator. He is three years away from unrestricted free agency and still has a lot to prove.

"You always want to get what you're worth. I really wanted to go back to Ottawa and I had the feeling that both sides wanted to get something done," said Regin.

Now that Regin's deal is completed, the Senators can focus on trying to get defence-man Chris Campoli signed before his hearing Wednesday. Talks between the Senators and his agent, Rich Evans, are continuing. It will likely get resolved.

MORE GAMES ON TV

The Senators announced they've reached a deal to show 15 games on Rogers Sportsnet One -- a new channel that will go on the air Aug. 14. That's in addition to the 40 games that are already shown on Rogers Sportsnet. "The new channel will result in more games being available for Senators fans," said Senators presidentCyril Leeder. "We want to make it as easy as possible for our fans to watch our games on television and Sportsnet One will help us do just that."


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