The deal Thursday is a two-way contract for this season and a one-way contract for 2019-2020. The average annual value at the NHL level is $675,000.
The 23-year-old Jarry is the last of Pittsburgh's restricted free agents to sign with the team. He went 14-6-2 with a 2.77 goals against average last season while backing up Matt Murray. Jarry's 14 wins led all NHL rookie goaltenders and his two shutouts were a team high. Jarry is expected to compete with Casey DeSmith once again as the primary backup behind Murray.