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Gaudet signed a one-year, two-way contract extension with the Coyotes on Saturday, Craig Morgan of Arizona Sports reports. The 24-year-old center will make $650,000 in the NHL or $85,000 at the minor-league level.

Gaudet's contract also includes $110,000 in guaranteed salary. With a new deal in place, the Ontario native can challenge for a bottom-six role in training camp this fall. Last season, he generated six goals and 16 assists in 62 games with AHL Tucson, and also picked up a helper over four games at the highest level.

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