SAN JOSE -- Sharks General Manager Doug Wilson generally stays out of the bidding wars on the opening day of the NHL's free agent frenzy because he believes teams often overpay for talent.

But that doesn't mean that San Jose was idle Friday as the team made official one of its worst kept secrets, the signing of mainstay Logan Couture to a five-year contract extension that will pay him $30 million. The team also announced a one-year agreement with defenseman Scott Hannan and a two-year contract for newly acquired forward Tyler Kennedy.

Friday is the first day that teams can officially sign unrestricted free agents and there was plenty of big-name movement around the league with former Ottawa captain Daniel Alfredsson becoming a Detroit Red Wing and former Philadelphia Flyer Daniel Briere joining the Montreal Canadiens.

Word that the Sharks had reached an agreement with the 24-year-old Couture, the team's leading goal scorer last season with 21, leaked out June 17. But the team would not formally announce the deal until Friday, the first day it could file contract terms with the league.

There was little doubt the Sharks would reach an agreement with Kennedy, 26, who would otherwise have become a restricted free agent, after they sent a second-round draft pick to the Pittsburgh Penguins for him on draft day.

Hannan, 34, began his NHL career with the Sharks in 1998 before leaving in 2007. He was re-acquired from the Nashville Predators last April and skated a regular shift during the San Jose's playoff run, forming a shutdown pairing with Brad Stuart while also contributing four assists in 11 games.


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Terms of the new contracts for Kennedy and Hannan were not immediately available.

The Sharks did not sign free agent back-up goalie Tomas Greiss to a new contract and he became a Phoenix Coyote on Friday.