St. Louis Blues general manager Doug Armstrong announced on Thursday morning that the team has re-signed defenceman Vince Dunn to a one-year contract worth $1.875 million.

Dunn, 24, was drafted in the second round, 56th overall by the St. Louis Blues in the 2015 NHL Entry Draft. In 224 regular season games, he's recorded 82 points (26 G, 56 A), 92 penalty minutes, and is a +30. In 29 career playoff games, he's put up 11 points (2 G, 9 A), 16 penalty minutes, and is a -7.

Dunn was a member of the Blues during their run to the Stanley Cup during the 2018-19 season, their first Cup win in franchise history.

As Jeremy Rutherford of The Athletic pointed out, this deal is below Dunn's value, but the pandemic, and having no arbitration rights are likely the reason he came out on the short end of the stick.

The St. Louis Blues now sit $3.05 million over the cap following the Dunn contract. There have been reports that at the end of his PTO, Mike Hoffman may be looking for a one-year deal with St. Louis in the $3.5-$4.5 million range.

In order for that to happen, the Blues would have to waive two players, such as Jacob De La Rose and MacKenzie MacEachern, as well as placing recently retired forward Alexander Steen on LTIR according to CapFriendly. The Blues could also place Vladimir Tarasenko on LTIR as soon as January 13th which would give them $7.5 million in available space to recall players from the taxi squad, if needed.