Defenceman P.K. Subban will be rejoining the Montreal Canadiens after signing a two-year, $5.75 million US contract on Monday.

He will make $2 million the first year after having earned $875,000 last season on an entry-level contract.

Subban did not attend training camp and missed the first four games of the regular season while negotiating with the NHL club. But in a statement released by the Canadiens' official Twitter account, the young blue-liner said he is ready to hit the ice.

"I'm extremely happy to be at this point now where the past is behind us and I can look forward to be integrated into the team and after their great start to the season," Subban said.

"With this process, I understand everybody will have their opinion, but my focus is getting on the ice and helping this team win," the statement continued. "This is where my heart is, in Montreal."

The 23-year-old led the team in average ice time per game last season at 24 minutes 18 seconds.

He had seven goals and 29 assists in 81 games and was seventh among NHL defencemen with 205 shots on goal.

In his NHL career, the Toronto native has 21 goals and 55 assists in 160 games.

Until Monday, Subban was one of five notable restricted free agents who remain unsigned after centre Jamie Benn and the Dallas Stars hammered out a five-year, $26.25-million US deal last Thursday. Forwards Linus Omark (Edmonton), Ryan O’Reilly (Colorado), Alexander Radulov (Nashville) and Nikita Filatov (Ottawa) are the others.

Restricted free agents are players who have completed their entry-level contracts but are under 27 years of age or haven’t reached seven years of NHL service.

Teams with RFAs have the first chance to match another team’s offer.

With files from Doug Harrison