The Red Wings confirm the deal was made this afternoon, and TSN reported the contract was worth $1.387 million.
ABOUT THE RED WINGS (4-3-0): Detroit was 27th in the league on the power play last season (15.1 percent) and is off to a slow start with the man advantage again, converting 4 of 27 opportunities. It's a one-year deal worth $1.387 million. The deal comes with a cap hit of $1.387 million after the Red Wings originally offered $1.25 million during the offseason and Athanasiou asked for $2.5 million from the team.
The franchise has nearly no space under the salary cap, and a roster move is likely to make way for Athanasiou.
Athanasiou scored 18 goals and added 11 assists in 64 games with the Red Wings last season. The team has gotten off to a 4-3 start following losses to the divisional rival Toronto Maple Leafs and Tampa Bay Lightning this week, and while the offense has looked decent thusfar, the explosive speed and playmaking abilities Athanasiou provided previous year would be a welcome presence.
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Tomas Tatar gave Detroit a 3-2 lead with a power-play goal at 12:45 of the third, one-timing Henrik Zetterberg's pass past Braden Holtby's blocker for his second of the game.
With a potential KHL contract on the table, Athanasiou bolted for Switzerland on October 7.
With the team in Toronto on Wednesday, Red Wings GM Ken Holland reportedly met with Athanasiou's agent to discuss the matter further.
Athanasiou is considered one of the players that the Red Wings hope to build a future around, but with Anthony Mantha and Dylan Larkin also reaching restricted free agent status following the 2018 season, Detroit will have its hands full with the task of keeping the young core together. "This thing is either going to get done here in the next day or so, or it's likely he's going to sign to play in Europe and who knows when or if he'll be back in the Red Wing lineup".