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Maple Leafs sign Panik to 1-year contract worth reported $975,000

John E. Sokolowski-USA TODAY Sports / Reuters

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The Toronto Maple Leafs have signed Richard Panik to a one-year contract.

Sportsnet's Chris Johnston reports the deal is valued at $975,000.

Panik, 24, played 76 games for the Maple Leafs last season, recording career highs in games played, goals (11) and points (17).

He earned $735,000 last season.

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