Various sources, including @katiestrangESPN and @stapenewsday have confirmed it. The Isles have announced a press conference for Thursday to announce the deal. Terms appear to be 6 yrs/33 million.
Another NHL player signed a 6 year/$33 million deal this off-season. His name is James Wisniewski.
Since late January, Isles have announced multi-year extensions with Moulson, Okposo, Grabner and now Tavares. All of them, as well as Niederreiter, are under contract through at least 2013-2014. If the term of Tavares' deal is correct it will take him through the 2017-18 season. The only other Islander under contract for that season is Rick DiPietro.
Forever1940 is the nom de plume of Eric Hornick, statistician on Islander home telecasts since 1982. Visit my blog: NYISkinny.com and follow me on Twitter @ehornick