Good signing, Kings had to retain Kopitar and he's still one of the best players in the NHL. They do need to do something about their cap situation aside from him, because they are going to be facing a crunch with a lot of their veterans in the next two years.

The 2016 NHL free agent market has one less impact player.

After a lengthy negotiation that seemed to drag on forever, the Los Angeles Kings and center Anze Kopitar have finally agreed to a new eight year contract extension that will keep him with the team through the 2023-24 season.

Financial terms of the deal were not released by the team, but TSN's Darren Dreger reports that it is an $80 million deal.

That will be a salary cap hit of $10 million per season, which will be the third largest in the NHL next season behind only Chicago Blackhawks teammates Jonathan Toews and Patrick Kane.