Patrick Kane has signed a one-year contract extension with the Detroit Red Wings, the team announced Sunday.

The team did not announce financial terms of the deal, but it is worth $4 million in salary plus $2.5 million in incentives, a source told ESPN, confirming multiple reports.

Kane, 35, returns to Detroit after finishing the regular season with 20 goals and 47 points in 50 games after joining the team in November following hip resurfacing surgery. Kane had been hampered by his hip over the previous few seasons but finally looked like his old dominant self again -- which made him an attractive free agent this summer. The Red Wings just missed out on the playoffs, extending their postseason drought to eight seasons. However, sources said Kane believes the Red Wings are a talented team moving in the right direction and that he hopes to lead them back to the playoffs this season.

Kane, who began his career with the Chicago Blackhawks, is entering his 17th professional season. Among U.S. born players, only Mike Modano has more NHL points than Kane's 1,284.

The Red Wings also have been in contact with David Perron and Shayne Gostisbehere about potential returns, and are working on extensions for young cornerstones Lucas Raymond and Moritz Seider.