Blackhawks sign Nick Foligno

The Blackhawks acquired two players on Monday but one of them needed a new contract.

That's since been taken care of, with Chicago announcing on Tuesday morning that they've signed Nick Foligno to a one-year contract worth $4 million.

Is it a mild overpay? Sure. But it carries minimal risk with it being a one-year deal and with the potential for 50 percent of salary retention in a potential trade deadline move, it's not a contract too unwieldy for another team to come calling for next spring.

Foligno is a veteran of 1,081 regular-season games across 16 NHL seasons with four teams, topping out at 599 with the Columbus Blue Jackets. That's where Foligno enjoyed the most productive seasons of his career, including a 73-point season (31 G, 42 A) in 79 games for the 2014-15 Blue Jackets. His numbers have steadily trended down from there, clocking in at 26 points (10 G, 16 A) in 60 games with Boston last season. Foligno seems best-suited for a bottom-six role in Chicago, but his primary role would be providing the veteran leadership a youthful Blackhawks lineup will need as it navigates its initial forays into professional hockey.

Even with this contract now on the books, the Blackhawks still have cap space aplenty, according to CapFriendly: