The Minnesota Wild have avoided arbitration with Matt Dumba and have signed the 23-year-old defenceman to a five-year, $30 million contract extension.

The $6 million average annual value makes Dumba the third-highest player on the Wild roster behind forward Zach Parise and defenceman Ryan Suter. 

Dumba had an arbitration hearing set for Monday. 

Dumba had a great season for the Wild in 2017-18, scoring a career-high 14 goals and adding a career-high 36 assists for 50 points in 82 games played. Dumba also had one goal and one assist in five postseason games.

A native of Regina, Sask., Dumba is coming off a two-year, $5.1 million contract signed prior to the 2016-17 season.

The Wild drafted Dumba in the first round (seventh overall) of the 2012 NHL Entry Draft.