The Buffalo Sabres want to keep their core players.
"From our standpoint, it's about looking at a player like Derek, and making the determination and making the decision that he was someone that we wanted to have in the organization for an extended period of time," the Sabres GM told The Canadian Press on Friday. "We have a lot of confidence in him both in his abilities now and his ability to get better."
Roy will earn an average of $4 million per season, a huge raise over the $627,000 he made last season. The 24-year-old had a career-high 63 points (21 goals, 42 assists) in 75 games in 2006-'07, his third NHL season. He was also a plus-37 - fifth-best among all NHL skaters.
The two sides avoided salary arbitration - barely. The hearing in Toronto had actually begun at 9 a.m. ET when Regier and Roy's agent Larry Kelly cemented the deal.
"We had some conversations between 8 a.m. and 9 a.m. and it carried over past the start of the arbitration," said Regier.
Roy was the latest player to avoid arbitration. Only Brooks Laich of Washington and Antti Miettinen of Dallas have actually gone through with their hearings.
The action picks up again Monday with two hearings on tap: Michael Ryder and Montreal and Sean Avery and the New York Rangers.
In other moves Friday:
-Defenceman Milan Jurcina also had an arbitration hearing set for Monday, but won't have to attend after the Washington Capitals signed him to a two-year deal. The six-foot-four native of Slovakia split last season between the Boston Bruins and Capitals recording four goals and 10 assists in 70 games.
-The Chicago Blackhawks signed three unrestricted free agents: goaltender Wade Flaherty, 39, and defencemen Jim Fahey, 28, and Prestin Ryan, 27. Both Flaherty and Ryan played for the Manitoba Moose last season, Vancouver's AHL affiliate. Fahey split last season between New Jersey and its AHL team in Lowell.
-The Carolina Hurricanes signed goaltender Michael Leighton, 27, to a one-year contract that will pay him $550,000 at the NHL level and $100,000 in the AHL. The Hurricanes acquired his rights from Montreal at the entry draft last month in exchange for a seventh-round pick.
-The Pittsburgh Penguins re-signed defenceman Ryan Lannon, 24, to a one-year contract. He played all of last season with Pittsburgh's AHL team in Wilkes-Barre/Scranton.
-The San Jose Sharks signed defenceman Alexei Semenov, 26, to a one-year contract. Semenov had five assists in 23 games with Florida after joining the Panthers from Ufa Salavat Yulayev of the Russian league.
The Ryder and Avery hearings Monday warrant attention.
Ryder, 27, had 58 points (30-28) in 82 games last season - his second consecutive 30-goal season. But he was also minus-25. He earned $2.2 million last year and is eligible for unrestricted free agency next summer.
Given the $4 million a year Roy got and the $4.25 million Edmonton handed 29-goal man Dustin Penner in an offer sheet, Ryder may double his salary.
But will he get to arbitration?
"We're still talking (with Montreal), and we may meet tomorrow, but at this point in time we're still at the same place we were a week ago," Ryder's agent Thane Campbell said Friday.
Avery, 27, had a career high 48 points (18-30) last season with Los Angeles and the Rangers while also piling up 174 penalty minutes thanks to his abrasive style. He's looking for a raise over the $1.1 million he made last season.