The Panthers have reached an agreement with defenseman Niko Mikkola on a max-term, eight-year extension, per a team announcement Thursday. It carries a cap hit of $5MM for a total value of $40MM, Pierre LeBrun of TSN and The Athletic reports. He was ticketed for unrestricted free agency next summer. His new deal now carries him through the 2033-34 campaign.

Mikkola, 29, will cash in with the biggest deal of his career after breaking out as a legitimate top-four threat in Florida. He signed a three-year, $7.5MM contract with the Cats in free agency in 2023. He’s in the final year of that deal now, which carries a bargain $2.5MM cap hit. At the time, it was a somewhat risky bet for a player who had demonstrated fine defensive skills but little to no offensive utility in his platf

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