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Report: Ekman-Larsson, Coyotes reach verbal agreement on new deal

Vegas Golden Knights v Arizona Coyotes

GLENDALE, AZ - OCTOBER 07: Oliver Ekman-Larsson #23 of the Arizona Coyotes skates with the puck during the NHL game against the Vegas Golden Knights at Gila River Arena on October 7, 2017 in Glendale, Arizona. The Kinights defeated the Coyotes 2-1 in overtime. (Photo by Christian Petersen/Getty Images)

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It sounds like the Arizona Coyotes and Oliver Ekman-Larsson are on the verge of finalizing a long-term partnership. According to TSN hockey insider Darren Dreger, both sides have a verbal agreement in place that would keep the 26-year-old in the desert for the next eight years.

Last week, Dreger’s colleague, Bob McKenzie, reported that the ‘Yotes had offered their franchise defenseman an eight-year deal worth $66 million ($8.25 million per year).

Because he has a year remaining on his current contract, Ekman-Larsson can only officially sign his new contract on July 1st.

The deal makes sense for both parities. Ekman-Larsson will continue to be the key piece of a rebuilding Arizona team and the Coyotes get to keep their best player in the fold for the better part of a decade.

The Swedish blue-liner scored 14 goals and 42 points in 82 games during the 2017-18 season. He’s found the back of the net between 12 and 23 times since the 2013-14 season. He’s also accumulated at least 39 points in each campaign during that time.

Sticking in Arizona is an interesting decision for Ekman-Larsson. He could have gotten paid anywhere, but he obviously believes that the Coyotes will be able to be competitive in the next few years.

MORE:
Long-term extension would make sense for Coyotes, Ekman-Larsson

Locking up Ekman-Larsson is a must for Coyotes

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Joey Alfieri is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @joeyalfieri.