Niederreiter, 24, who was a restricted free agent, was scheduled to have an arbitration hearing in Toronto on Aug. 3. He had an NHL career-high 57 points, 25 goals and 32 assists with the Wild last season.
“Nino has had a big impact on our club during the last four seasons and we’re very happy to know that will continue in the future,” general manager Chuck Fletcher said. “He’s grown into his role as one of the offensive leaders of this group, and his shot and net-front presence will continue to play a major role in our team’s success. Nino has a great attitude and personality, and we know our fans will be as happy as we are about this news.”
Niederreiter, who has scored at least 20 goals in each of the past three seasons, had 22 power-play points and three game-winning goals last season. He is the only Switzerland-born player to score 20 goals in an NHL season.
Selected by the New York Islanders in the first round (No. 5) of the 2010 NHL Draft, Niederreiter has 176 points (85 goals, 91 assists) in 389 games. He was acquired by Minnesota from the Islanders on June 30, 2013 in a trade for forward Cal Clutterbuck and a third-round pick in the 2013 NHL Draft (Eamon McAdam, No. 70).
Niederreiter completed a three-year contract he signed with the Wild on Sept. 11, 2014.
The Wild have an arbitration hearing scheduled with center Mikael Granlund on Aug. 4.
“If you look around the League, negotiations tend to go right down to the arbitration day or the day before or the day after the hearing sometimes even,” Fletcher told the Star Tribune on Wednesday. “Nothing prods progress more than a deadline.”