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Alex Burrows has already set career highs this season with 16 goals and 33 points. ((Dave Sandford/Getty Images))

Take the name of Alex Burrows off the list of Vancouver Canucks who are likely to be traded before Wednesday afternoon's NHL trade deadline.

The speedy forward agreed to a four-year contract extension with the team on Thursday, quieting talk that he could be moved before the 3 p.m. ET cutoff.

Terms of the contract weren't disclosed, but a source close to the deal told the Canadian Press that it's worth $8 million US. The average annual salary of $2 million represents a substantial raise from the $525,000 Burrows is making this season.

"Alex plays with intensity and determination at both ends of the rink," Canucks GM Mike Gillis said in a statement released as the Canucks were set to host the Minnesota Wild. "He's a fierce competitor and a versatile player. We look forward to further growth and development in his game."

Burrows, 27, has already set career highs this season with 16 goals and 33 points.

With files from the Canadian Press