Financial terms were not disclosed, but the Arizona Republic is
reporting the deal is worth $2.1 million in 2004-05 and $2.6
million the following season. Nagy had been scheduled to have
an arbitration hearing Tuesday.
Nagy was among the NHL leaders in scoring with 24 goals and 28
assists last season before suffering a dislocated wrist against
the St. Louis Blues on February 16. Despite missing the final
24 games of the season, he led the Coyotes with 11 power-play
goals, six game-winners and a plus-minus rating of plus-11.
"Performing at a point-per-game clip last year until his
untimely injury, Ladi's offensive skills speak for themselves,"
Coyotes general manager Michael Barnett said. "He is an
important element to the entertainment package we are attempting
to provide every night to our fans.
"It will be fun for them to see him continue to develop into a
possible league All-Star. More importantly, he is going to
contribute to us winning."
The Coyotes finished last in the Pacific Division with a record