The deal has an average annual value of $3.75 million, with a breakdown of $2.5 million in 2024-25 and $5 million the following season.
Pinto, now 23, was banned 41 games — half the season — back in October after an investigation found he violated the league's sports gambling policy.
The Senators forward acknowledges how much his sister, Brianna, pushed him in his athletic endeavours growing up.