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Hodgson signed a one-year, $1 million contract with the Predators on Wednesday, Adam Vingan of The Tennessean reports.
Hodgson is still under consideration for a potential buyout, reports Paul Hamilton of WGR 550.
After a disappointing season in which he recorded 13 points in 78 games, Hodgson may be a buyout candidate, reports The Buffalo News.
Hodgson scored his sixth of the season Wednesday in a 4-3 win over Toronto, snapping a seven-game stretch without a goal.
Hodgson found the back of the net for the second time in three games Saturday, and also chipped in an assist in a 5-3 loss to the Panthers.
Hodgson scored his third of the season and first in 27 games in a 4-2 win over Columbus on Tuesday.
Hodgson will play Sunday against Philadelphia after a two-game absence, reports the Olean Times Herald.