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Predators sign Arvidsson to seven-year, $29.75 million deal

Colorado Avalanche v Nashville Predators

NASHVILLE, TN - DECEMBER 06: Viktor Arvidsson #38 of the Nashville Predators reacts after scoring a breakaway goal against the Colorado Avalanche during the first period at Bridgestone Arena on December 6, 2016 in Nashville, Tennessee. (Photo by Frederick Breedon/Getty Images)

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Viktor Arvidsson has cashed in on his impressive, breakout 2016-17 campaign.

Playing in the final year of his entry-level contract -- and making $640,000 in total salary, according to CapFriendly -- the 5-foot-9 tall Arvidsson erupted for 31 goals and 61 points playing on the top line last season for a Nashville Predators team that eventually made its way to the Stanley Cup Final.

The two sides had an arbitration hearing scheduled for Saturday.

From The Tennessean:

Viktor Arvidsson received a new contract Saturday befitting a breakout star, with the Predators signing the energetic forward to a seven-year, $29.75 million contract, Arvidsson’s agent told The Tennessean.

Few unheralded NHL players last season surprised more than Arvidsson. Expected to be a secondary contributor, Arvidsson erupted offensively with 31 goals and 61 points as part of Nashville’s top line, tying for the team lead in each category.

Update: The Predators have since confirmed the deal, which pays Arvidsson an annual average value of $4.25 million per season, through the 2023-24 season.

Nashville’s general manager David Poile has work remaining this offseason. The Predators still have restricted free agents Ryan Johansen -- another member of that vaunted top line in Nashville -- and Austin Watson left to get under contract.

Watson and the Predators have an arbitration hearing scheduled for Monday. Watson is reportedly seeking $1.4 million in arbitration.