Golden Knights to sign William Karlsson to 8-year extension

William Karlsson is staying in Las Vegas.

The Golden Knights on Monday announced they have signed the 26-year-old forward to an eight-year contract extension.

Karlsson will earn an average annual value of $5.9 million over that span, totaling $47.2 million.

Ladies and gentlemen...

WILD BILL IS OFFICIALLY HERE TO STAY!!!!!! #VegasBornhttps://t.co/NTQ0CNyzXg

— Vegas Golden Knights (@GoldenKnights) June 25, 2019

we're excited 😁

you're excited 😄@WKarlsson71 is excited 🤠 pic.twitter.com/bLt5dawMm8

— Vegas Golden Knights (@GoldenKnights) June 25, 2019

Karlsson put the pen to paper Tuesday.

Contract: signed

Hands: shook

William Karlsson: A Vegas Golden Knight for the next 8 years 🤠 pic.twitter.com/Z1674mQhdr

— Vegas Golden Knights (@GoldenKnights) June 25, 2019

The deal is the maximum amount of years that Karlsson can re-sign with the Knights for.

While Karlsson has enjoyed his time in Las Vegas and didn't want to leave the city, he likely would have been traded this summer had the two sides not reached an agreement, TSN’s Pierre LeBrun noted.

He was slated to become a restricted free agent after signing a one-year, $5.25 million deal.

Karlsson had 24 goals and 56 points in 82 games for the Golden Knights last season.