03/05/2014 12:27 EST | Updated 05/05/2014 05:59 EDT

Chris Phillips, Senators strike 2-year deal: reports

Chris Phillips will continue to play for the NHL team that drafted him first overall in 1996.

The 35-year-old defenceman and the Ottawa Senators came to an agreement on a two-year contract extension reportedly worth $2.5 million US per season on Wednesday, a few hours before the NHL’s 3 p.m. ET trade deadline.

Phillips has played 1,125 regular-season games for Ottawa and has 13 points in 52 games this season.

There were rumblings Senators general manager Bryan Murray might look to deal Phillips, who was said to have wanted more than a one-year contract.

More to come