The 34-year-old Malhotra had seven goals and six assists in 69 games with the Carolina Hurricanes last season.
Malhotra overcame a serious eye injury in 2011 while he was with the Vancouver Canucks that threatened to end his hockey career. He broke into the league with the New York Rangers in 1998 and also spent time with the Dallas Stars, Columbus Blue Jackets, San Jose Sharks and the Canucks. In 2007-08, he had a career-high 35 points for the Jackets.
---The St. Louis Blues landed a center in free agency on Tuesday, signing Paul Stastny to a four-year, $28 million contract.
Stastny, considered the top center available on the market this summer, could not reach a deal with the Colorado Avalanche to remain with the club, which wanted him back at a reduced salary.
According to reports, the Avalanche weren't interested in matching the Blues' offer of $7 million per year for Stastny.
In 71 regular-season games last season for Colorado, Stastny had 25 goals and 35 assists.
The 28-year-old has eight years of experience in the NHL, all with the Avalanche. His 458 points include 160 goals in 538 regular-season games, including a career-best 70 in 2010. He also has 18 points in 22 postseason games.
---The Calgary Flames signed forward Mason Raymond and defenseman-forward Deryk Engelland to three-year contracts.
Raymond's deal was worth $9.5 million and Engelland received $8.7 million. The 28-year-old Raymond had 19 goals and 26 assists last season for the Toronto Maple Leafs.
Engelland brings some toughness to the roster that the Flames were seeking. The 32-year-old veteran collected six goals and six assists in 56 games for the Pittsburgh Penguins last season.
---The Florida Panthers reached contract agreements with centers Dave Bolland and Jussi Jokinen and goaltender Al Montoya.
Bolland's deal is worth $27.5 million over five years and Jokinen's contract is $16 million over four years. Montoya's contract terms were not available.
Bolland was limited to 23 games with the Toronto Maple Leafs last season after suffering a severed tendon in his left ankle. He finished with eight goals and four assists.
The 28-year-old Bolland rejoins Panthers general Dale Tallon, who with the Chicago Blackhawks when Bolland played there.
Jokinen had 57 points (21 goals, 36 assists) last season for the Pittsburgh Penguins.
Montoya logged a 13-8-3 record with a 2.30 goals-against average and a .920 save percentage for the Winnipeg Jets last season.
---Defenseman Brooks Orpik is leaving Pittsburgh after spending his entire career with the Penguins to sign with the Washington Capitals.
The Capitals also signed goaltender Justin Peters to a two-year, $1.9 million contract.
Orpik signed a five-year, $27.5 million deal with the Capitals. The 33-year-old was a first-round draft pick by the Penguins in 2000. In 703 career games for Pittsburgh, he had 13 goals, 119 assists and 734 penalty minutes.
The 27-year-old Peters spent last season with the Carolina Hurricanes and had a 7-9-4 record with a 2.50 goals-against average and a .919 save percentage. He played six additional games for Charlotte of the AHL.
---Forward Thomas Vanek signed a three-year, $19.5 million deal with the Minnesota Wild.
Last season was a whirlwind for Vanek, who was traded twice, from the Buffalo Sabres to the New York Islanders and then to the Montreal Canadiens, where he finished the season. The Islanders dealt Vanek to Montreal when he rejected their contract offer.
Vanek was considered one of the top scorers available in free agency this year. He finished the season with a combined 27 goals and 41 assists in 78 regular-season games and added five goals and five assists in 17 playoff games.
---Matt Moulson is returning to Buffalo after signing a five-year, $25 million contract, and right winger Brian Gionta also is headed to the Sabres.
The Sabres signed Gionta, a former Montreal Canadiens captain, to a three-year contract valued at $4.25 million, The Buffalo News reported.