Mike Modano has accepted a five-year offer from the Dallas Stars, worth $17.25 million.
TSN has learned that he will earn $4.25 million in the first three years, and $2.25 million in the final two years.
The deal also includes a no-trade clause.
After the loss of Forsberg earlier this evening, former Dallas Star, Pierre Turgeon signed a two-year deal with the Avalanche. Financial terms were not disclosed.
The 35-year-old is a 17-year NHL veteran having played for Buffalo, NY Islanders, Montreal, St. Louis and most recently, the Dallas Stars. A veteran of 1,215 NHL games, Turgeon is five goals away from his 500th career goal.
''We're pleased to be able to add a player of Turgeon's caliber to our lineup,'' said Lacroix. ''We expect the new rules and new dynamics of today's NHL will allow a player of his skill to be a strong addition to our team.''
''I had the opportunity to coach him in St. Louis for several years,'' said Avalanche Head Coach Joel Quenneville. ''He's a great playmaker and will help us in all phases of our game.''
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