The Anaheim Ducks signed restricted free-agent winger Troy Terry to a seven-year extension, the team announced Wednesday.

His deal carries an average annual value of $7 million, reports The Athletic's Eric Stephens, earning himself a handsome raise over his previous $1.45-million cap hit.

"Troy is a major part of our team as a character player and leader, and we look forward to seeing him continue his ascent to being one of the league's top players," general manager Pat Verbeek said in a statement.

Terry and the Ducks were originally scheduled to have their arbitration hearing on Wednesday. The two sides were initially $3.5 million apart, with Terry coming in at $8 million and Anaheim filing for $4.5 million, according to Sportsnet's Elliotte Friedman.

The 25-year-old potted 23 goals and 61 points - trailing only fellow RFA Trevor Zegras for the team lead - in 70 games this past season. Terry is one campaign removed from a career-high 37 goals and 67 points.

He now carries the highest cap hit on the Ducks, but Zegras remains unsigned. Terry's signing puts Anaheim over the $61.7-million cap floor, but the team still has $20.2 million in space to work with, per CapFriendly.

Terry has accumulated 75 goals and 101 assists in 274 career games since the Ducks drafted him in the fifth round in 2015. He's played in each of the last two All-Star Games.