The New York Islanders have agreed to a new six-year, $33 million contract extension with star forward John Tavares.

The team has called a news conference for Thursday at which they are expected to officially announce the signing of the deal.

Tavares still has one year left on his entry-level contract and will earn $3.75 million this season including bonuses. His extension begins in 2012-13 at $4 million, and will pay $5 million the next season. The contract will pay $6 million in each of the final four seasons of the contract.

Tavares, who turns 21 next week, scored 29 goals and 38 assists last year in his second season with the Islanders. He was the first pick overall in the 2009 NHL Entry Draft and produced 24 goals and 30 assists in his rookie season.

He was named the NHL All-Rookie team in 2009-10.

from TSN.ca