The Panthers negotiations with goalie Jacob Markstrom weren't as contentious as some were led to believe as he was signed to a two-year deal on Monday.

Markstrom, 23, will be under a two-way provision in the first year of the contract. His second season will be a one-way deal.

"This is the deal that works for both sides,'' assistant general manager Mike Santos said. "Jacob is, obviously, still a top prospect. As a goaltender sometimes it takes a little longer to develop. I think this was the right deal for him and for us. He's by no means the complete goaltender we hope he will be someday. But, again, he's young.''

Markstrom, a second round pick in 2008, became the Panthers starting goalie last season after Scott Clemmensen struggled and Jose Theodore tore his groin March 2 in Carolina.

"We were forced into that situation last year because of the injury,'' Santos said. "He was thrown into a tough situation. Given the time he came up and all the injuries we had in the short season, I think it was difficult to expect him to come in and play to the best of his abilities.''