From TSN:
Phoenix signs UFA D Kurt Sauer to a 4 year deal (undisclosed)
Here is the link to the TSN report.
The Coyotes are filling the defensive holes they created in their trade for Olli Jokinen. Sauer is a solid stay-at-home defenseman who really earned his way into coach Joel Quenville’s good books this season. The veteran is a physical force with limited offensive ability. His one drawback is his skating which, while improved, is still poor.
Update: Contract is worth $1.75 per season. Reasonable numbers for both sides.