The San Jose Sharks signed forward Kevin Labanc to a new four-year contract, the team announced Saturday.
The deal carries an average annual value of $4.72 million, TSN's Pierre LeBrun reports.
"Kevin brings a rare level of offensive skill and creativity to our lineup and has established himself as a top-six forward in our league," Sharks general manager Doug Wilson said.
"His Game 7 playoff performance last season is one of the most iconic moments in Sharks history and is a perfect example of the impact he can have on a hockey game. Kevin has shown a consistent ability to perform at a high level in both the regular season and the playoffs, and he will be a big part of our club in the coming years."
Labanc, 24, was due for a pay raise after signing a team-friendly one-year, $1-million pact with the Sharks last offseason despite racking up a career-best 17 goals and 56 points through 82 games in 2018-19.
The 5-foot-11 winger followed up that breakout campaign with 14 goals and 19 assists across 70 games this past season.
With Labanc signed, the Sharks have $2.99 million in projected cap space with a 22-man roster and no outstanding restricted free agents.