The 27-year-old forward signed a five-year contract with the Stars on Monday worth $25 million, which is nearly twice that of his current salary. Ribeiro has a career-high 21 goals and 23 assists in 40 games, also carrying a +8 rating. He’s on pace for an over 40 goal season and should, by all accounts, make a considerable offensive impact on a Dallas club that often lacks offensive punch.
“Mike has made a big impact on our hockey club the past two seasons and we are very happy to have him under contract,” Stars co-general manager Brett Hull said in a statement. “He makes things happen on the ice and will only continue to grow as a player.”
Ribeiro is on pace to crack his best season ever, beating his totals in 2003-2004 as his scored 65 points with the Montreal Canadiens. He hopes to eclipse those totals and the Stars are banking on it. Had Ribeiro hit the open market in the summer, with age and high point totals on his side, he likely would have fetched a considerable contract. This signing is smart for the Stars in that they are able to lock up the young forward without risking too much.
Ribeiro has 89 goals and 167 assists in 397 games with Dallas and Montreal.