The Montreal Canadiens agreed to an eight-year contract with defenseman P.K. Subban on Saturday.

The deal, which runs through the 2021-22 season, is reportedly worth $72 million.

The agreement was announced one day after the two sides met in an arbitration hearing.

"We are very pleased to have reached a long-term agreement with P.K. Subban. This agreement helps consolidate the future of our team," general manager Marc Bergevin said in a statement. "A key element of our group of young veterans, P.K. plays with a high level of intensity every time he steps onto the ice. Despite his young age, he carries a great deal of experience and brings contagious energy to the team. Defensemen of his level are a rare commodity in the NHL."

Subban, 25, won the James Norris Memorial Trophy as the NHL's top defenseman in 2013. He followed that with 10 goals and 43 assists in 82 games last season. He tied for fifth in the league among defensemen with 53 points. He also led the team in scoring during the playoffs with 14 points in 17 games as Montreal advanced to the Eastern Conference finals.

Subban, a second-round draft pick of the Canadiens in 2007, has 42 goals and 167 points in 284 NHL games and 10 goals and 30 points in 43 playoff games. He also helped Canada win a gold medal at the 2014 Sochi Olympics.

---The Tampa Bay Lightning signed goaltender Ben Bishop to a two-year contract extension.

Bishop, 6 feet 7 and 214 pounds, went 37-14-7 with a 2.23 goals-against average and a .924 save percentage in 63 games last season and was a finalist for the Vezina Trophy as the NHL's top goalie.

In 108 career NHL games with the Lightning, Ottawa Senators and St. Louis Blues, Bishop is 55-31-11 with eight shutouts, a .920 save percentage and a 2.40 goals-against average.

---The Anaheim Ducks signed left wing Patrick Maroon to a three-year contract extension through the 2017-18 season and left wing Nick Ritchie to a three-year entry-level contract.

Maroon, 26, had 11 goals and 18 assists with a plus-11 rating and a team-leading 101 penalty minutes in 62 games last season. He set career highs in each category.

Ritchie, 18, has 73 goals and 75 assists with 246 penalty minutes in 165 games with the Peterborough Petes of the Ontario Hockey League. The Ducks selected him with the No. 10 overall draft pick this year.