Deal with the Devils: New Jersey re-signs Larsson to six-year contract

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The New Jersey Devils and defenseman Adam Larsson have avoided an arbitration hearing scheduled for next week after the two sides came a deal announced Saturday.

The Devils announced via Twitter that they re-signed the 22-year-old blue liner to a six-year contract, worth a total of almost $25 million. According to the club, the new deal comes with an annual average value of $4,166,666.67.

Larsson’s salary breakdown under this new deal includes $2.5 million this season, before earning $5.05 million and $5.1 million, respectively, in the final two years of the deal.

Last week, Devils GM Ray Shero was confident the two sides would be able to figure out a new deal, perhaps even before they were to go to arbitration.

Last season, Larsson, taken fourth overall in the 2011 NHL Draft, posted three goals and 24 points — career highs for him — in 64 games, leading all New Jersey defensemen in points.