Torey Krug, Reilly Smith Sign One-Year, $1.4M Contracts With Bruins

Reilly Smith, Torey Krug The Boston Bruins announced Monday that they have signed defenseman Torey Krug and forward Reilly Smith to matching one-year contracts worth $1.4 million per season.

TSN’s Aaron Ward reports Krug’s deal has a $900,000 salary plus a $500,000 signing bonus.

Each player was a restricted free agent but not eligible for arbitration or an offer sheet. They both have missed the start of training camp and the first four preseason games.

These contracts also are very team-friendly for Boston.

Krug led all rookie defenseman with 40 points (14 goals, 26 assists) in 79 games last season while becoming an important part of the team’s power play, a unit that improved from 26th to third in the NHL. He led the Bruins in scoring during the 2014 Stanley Cup playoffs with 10 points (two goals, eight assists) in 12 games.

Smith arrived in Boston as part of the Tyler Seguin trade with the Dallas Stars in July 2013. Smith set career highs in goals (20), assists (31), points (51) and games played (82) in 2013-14, and tallied five points (four goals, one assist) in last season’s playoffs. To the surprise of many, Smith worked his way up to being a top-six forward for most of 2013-14 alongside Patrice Bergeron and Brad Marchand on the second line.

Krug, Smith and Bruins general manager Peter Chiarelli will address the media after Monday’s practice at TD Garden. Stay tuned for more coverage at NESN.com.