The deal will pay Niku $750,000 in the NHL and $425,000 in the AHL, with a guaranteed salary of $475,000.
In 54 NHL career games with the Winnipeg Jets from 2017 to 2021, Niku registered two goals and added eight assists in addition to serving 22 penalty minutes. He also recorded 80 points (22 goals, 58 assists) in 114 games with the Manitoba Moose from 2017 and 2020.
In 2018, Niku became the second rookie in AHL history to earn the Eddie Shore Award, presented to the League's best defenseman.
The Haapavesi, Finland native also helped his country to win the gold medal at the 2016 World Junior Championship.
Niku was selected in the seventh round (198th overall) by the Jets at the 2015 NHL Draft.
