The Calgary Flames re-signed forward Micheal Ferland to a two-year, $3.5-million contract on Thursday, the team announced.

With the deal, Ferland - who was a restricted free agent - and the Flames avoid arbitration. The two sides were scheduled to make their cases in front of a third party on July 22.

The 25-year-old is coming off his third season with the big club that saw him hit career highs in games (76), goals (15), and points (25). Ferland's newest contract represents a raise of $925,000 per year from his previous two-year deal.

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