Vrbata prefers not to negotiate during the season, but recently told the Arizona Republic, "If they come to us, we will listen."
Coyotes GM Don Maloney and Vrbata's agent, Rich Evans, are expected to keep the lines of communication open during the season, and it's possible a deal gets ironed out this year.
Vrbata, 32, is in the final-year of a three-year, $9 million contract. He's expected to receive a raise that should pay him well north of $4 million, per year.
In his first three games of this season, Vrbata has picked up three goals and one assists for four points.
Evans hinted at the Republic that Jason Pominville's recent five-year, $28 million contract could be a close comparable to what Vrbata is looking for.