Report: Coyotes, Ekman-Larsson reach agreement on extension

The Arizona Coyotes reached a verbal agreement Tuesday on a contract extension with franchise defenseman Oliver Ekman-Larsson, sources told TSN's Darren Dreger.

The extension is believed to be for eight years at more than $8 million per season, according to Dreger.

Related - Report: Coyotes, Ekman-Larsson nearing 8-year extension

Tuesday's reported verbal agreement caps a busy few days in Arizona, as reports that the two sides were nearing an extension had gained traction over the last 24 hours.

Ekman-Larsson has one year left on the six-year, $33-million deal he signed in the spring of 2013, but he won't be able to officially ink the new extension until July 1.

The 26-year-old Swede is coming off a season in which he registered 14 goals and 28 assists while averaging 23:41 of ice time per night.