Brad Marchand signed a six-year, $31.5 million contract to remain with the Florida Panthers on Tuesday. It has an average annual value of $5.25 million.

According to NHL insider Elliotte Friedman, Marchand is reportedly sticking with the defending Stanley Cup champions for the long haul, inking a six-year contract extension worth just under $32 million.

The Florida Panthers continue to bring back their core after winning the Stanley Cup, re-signing Brad Marchand to a six-year deal.