Ottawa Senators general manager Bryan Murray confirmed that he received word that, after mulling it over, the 40-year-old Alfredsson is ready for another run at the elusive Stanley Cup.
"We were informed late this morning by Daniel's agent, JP Barry, that Daniel has made a decision and is committed to play next year for the Senators," Murray said in a statement.
Alfredsson, 40, will technically be a free agent, but there is little doubt he would return to the team he's represented since 1995-96, including 14 years as captain.
"We now will begin the process of negotiating a contract, which we hope to have completed in the near future," Murray said.
Alfredsson was finishing up a four-year deal that had a salary cap hit in 2012-13 of $4.875 million US.
Alfredsson has scored 426 goals, 682 assists for 1,108 points in 1,178 games for Ottawa, all franchise records. He has added 51 goals, 49 assists and 100 points in 121 playoff games.
He was recognized earlier this month by the NHL, winning the Mark Messier Leadership Award.
Alfredsson scored 10 goals and 16 assists in 47 regular season games, offensive totals that were undoubtedly impacted adversely by the long-term absences of teammates Jason Spezza and Erik Karlsson.
Alfredsson averaged a point every game in 10 playoff contests as Ottawa made it to the second round of the playoffs.
He was selected in the sixth round of the 1994 draft by Ottawa and won the NHL's Calder Trophy in 1995-96. He's played in six NHL All-Star games.Suggest a correction