via TSN,

It appears that veteran defenceman Toni Lydman will soon announce his retirement.

According to TSN hockey analyst Aaron Ward, Lydman has turned down two separate contracts, both for two years and $5 million.

The native of Lahti, Finland had six assists in 35 games for the Anaheim Ducks last season.

A veteran of 12 NHL season, the 35-year-old has also skated for the Calgary Flames and Buffalo Sabres since breaking into the league in 2000-01.