Demers inked a five-year, $22.5 million contract with the Panthers on Saturday, Chris Johnston of Sportsnet reports.

EDGE Analysis

The Panthers have been extremely active in the early goings of free agency and now add Demers, who was sought-after in the beginning of Friday's frenzy. The 28-year-old blueliner spent the past two seasons with Dallas, notching 12 goals and 33 assists in over 20 minutes of ice time per game. The 2008 seventh-round pick decided to hit the open market with several prospects at AHL Texas itching for their chance, and the move paid off. Demers bolsters a solid combination of defenseman in Florida that already includes Keith Yandle and Aaron Ekblad leading the charge.