UPDATE (June 12): The Coyotes have reached a verbal agreement on a new contract extension with defenseman Oliver Ekman-Larsson, multiple sources confirmed to The Republic on Tuesday.
The term and salary of the deal are unknown, but Ekman-Larsson is believed to be seeking an extension that could last anywhere from six to eight years. Per the terms of the collective bargaining agreement, the Coyotes are the only team that can offer an eighth year to Ekman-Larsson.
Talks progressing
The Coyotes have rapidly progressed in contract talks with defenseman Oliver Ekman-Larsson, according to multiple sources with knowledge of the situation.