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Veleno signed a two-year, $4.55 million contract with the Red Wings on Friday, per Elliotte Friedman of Sportsnet.
Veleno was a restricted free agent coming off a one-year, $825,000 contract. He had 12 goals and 28 points in 80 contests last season. The 24-year-old is likely to start the 2024-25 campaign in a bottom-six role, but he does have some upside.
