According to Elliotte Friedman at Sportsnet, Jonathan Bernier has signed a 2 year contract with the Leafs.
Bernier and TOR settle: $4.15M in each of the next two years for the goalie
— Elliotte Friedman (@FriedgeHNIC) August 2, 2015
The Maple Leafs elected to arbitrate the salary of the restricted free agent, and a salary arbitration hearing was held on Friday morning. If the Leafs and Bernier had not reached this deal Bernier's salary would have been decided by the arbitrator. Per CBA rules, the arbitrator would have set the term at one year, and Bernier would become an unrestricted free agent immediately after this season.