After being traded to the New Jersey Devils in February, veteran right winger Timo Meier is reportedly set to remain with the team long-term.
According to The Athletic's Pierre LeBrun, Meier and the Devils have agreed to an eight-year contract extension with an average annual value of $8.8 million.
LeBrun previously reported the two sides had made "serious progress" in negotiations.
Meier was set to become a restricted free agent when NHL free agency opens on July 1 after the four-year, $24 million contract he signed with the San Jose Sharks came to an end this season.