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Ferguson signed a one-year, two-way contract with Minnesota on Tuesday and then was placed on waivers for reassignment to the minors.

Ferguson has been playing for Minnesota's AHL affiliate Iowa on a minor-league deal this season, posting a 3-4-0 record and a .900 save percentage in seven outings. Now with a two-way contract in hand, the 26-year-old netminder could be recalled to the NHL roster if needed down the road.

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