The Tampa Bay Lightning have signed goaltender Andrei Vasilevskiy to an eight-year contract extension, his agent, Dan Milstein, announced Monday.

The deal will carry an average annual value of $9.5 million with $46 million to be paid in bonuses, according to Sportsnet's Elliotte Friedman.

The contract will make Vasilevksiy the third-highest-paid goaltender in the league behind Carey Price ($10.5M) and Sergei Bobrovsky ($10M). Unlike Price and Bobrovsky, who signed their long-term deals at 29 and 30, respectively, Vasilevksiy just turned 25. He was scheduled to become a restricted free agent next summer.

Vasilevskiy claimed the first Vezina Trophy of his career as the league's top goaltender in 2018-19. He went 39-10-4 with a 2.40 goals-against average, a .925 save percentage, and six shutouts.

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