Former Boston Bruins star goaltender Linus Ullmark has signed a four-year contract extension with the Ottawa Senators, who acquired him in a high-profile trade in June.

Ullmark, 31, has one season left on a contract that has an average annual value of $5 million. His new contract, which begins in the 2025-26 season, has an AAV of $8.25 million – the same salary cap hit as fellow former Bruins goaltender Jeremy Swayman, who signed an eight-year deal on Sunday.

“We are pleased that Linus has signed a contract extension prior to the start of the regular season,” Senators President of Hockey Operations and General Manager Steve Staios said in a statement. “In a short period of time, Linus has been able to experience the culture we want to build with our hockey club and his family has experienced the community spirit of Ottawa-Gatineau.”

Ullmark and Swayman have been the NHL’s best team over the past three seasons, helping the Bruins to their lowest goals-against average (2.49) over that span. But Boston GM Don Sweeney said that “both goaltenders asked to play 55 games, and that’s not possible when you’re on the same team.” So Boston decided to keep the 25-year-old Swayman and trade Ullmark to the Senators trade, which brought goaltender Joonas Korpisalo back to the Bruins.

Ullmark is entering his 10th NHL season after spending six seasons with the Buffalo Sabers and three with the Bruins. He won the Vezina Trophy as the NHL’s top goaltender in the 2022–23 season, when he and Swayman led the league in fewest goals allowed. Ullmark followed suit last season with a 22-10-7 record and a .915 save percentage.

The Senators brought him in to improve their own goaltending, which ranked last in the NHL in save percentage (.884) last season with Korpisalo and Anton Forsberg, who returns to replace Ullmark.

“As you get to this part of your career, you really want to focus on what’s best for your family. And we’ve felt like it’s been a great fit since we arrived here,” Ullmark said in a statement. “I hope this can help change things for the better in this organization for this city.”

This contract extension would make Ullmark the NHL’s fourth-highest paid active goaltender in the 2025-26 season: tied with Swayman and behind Florida’s Sergei Bobrovsky ($10 million), Tampa Bay’s Andrei Vasilevskiy ($9 million) and Connor Hellebuyck from Winnipeg ($8.5 million). However, they are all expected to be demoted one spot if New York Rangers star goaltender Igor Shesterkin signs a new contract as he is an unrestricted free agent next summer.