Martin St. Louis is staying with the Tampa Bay Lightning, signing a reported four-year deal worth $22.5 million US. ((Bruce Bennett/Getty Images))

Martin St. Louis will get the chance to finish his career as a member of the Tampa Bay Lightning.

The 35-year-old forward from Laval, Que., signed a $22.5-million US, four-year extension with the team on Thursday.

"Today is a great day for the Lightning organization," GM Steve Yzerman said in a statement. "Marty means so much to this franchise, both on and off the ice. His hard work and dedication are unsurpassed and we are thrilled that he will finish his career here in Tampa Bay."

His 29 goals and 94 points were among the best in the league and St. Louis has enjoyed an upswing in point production playing alongside sophomore sensation Steven Stamkos.

He has spent the past nine seasons with Tampa Bay and won a Stanley Cup there in 2004.

St. Louis is a former Hart Trophy winner, NHL scoring champion and the current holder of the Lady Byng Trophy as the league's most gentlemanly player.

Thrashers add Ladd

The Stanley Cup champions unloaded forward Andrew Ladd, sending him to the Atlanta Thrashers. In return, Chicago picks up Ivan Vishnevskiy and a second-round draft pick, pending a trade call.

Ladd had 38 points (17 goals, 21 assists) in 82 games last season. The Maple Ridge, B.C., native added three goals and three assists during Chicago's Stanley Cup run.

The Thrashers also signed unrestricted free agent defenceman Mike Siklenka, who registered 48 points in 49 regular-season games with EC Red Bull Salzburg of the Austrian League last season.

Devils ink Volchenkov, Tallinder, Hedberg

Veteran defencemen Anton Volchenkov and Henrik Tallinder signed long-term contracts with the New Jersey Devils Thursday.

Volchenkov, who has played his entire career in Ottawa, got a six-year, $25.5-million US deal. The 28-year-old is set to earn $4.25 million per season with a no-trade clause. In 64 games last season, Volchenkov had four goals, 10 assists and a plus-2 rating.

Tallinder signed a four-year, $13.5-million contract.

Veteran goalie Johan Hedberg inked a one-year contract worth $1.5 million, including bonuses, with a no-trade clause.

The 37-year-old was 21-16-6 with a .915 save percentage and 2.62 goals-against average with Atlanta last season.

Ducks re-sign Koivu

The Anaheim Ducks re-signed forward Saku Koivu to a two-year, $5-million US contract. 

Koivu is coming off his seventh straight 50-point campaign, notching 19 goals and 33 assists with a plus-14 rating with the Ducks least season.

Buffalo adds Leopold

Defencemen Henrik Tallinder and Toni Lydman are both on their way out of Buffalo, while blue-liner Jordan Leopold is on his way in.

The Sabres signed Leopold to a three-year deal that will see him paid about $3 million per season. The seven-year NHL veteran finished last season with Pittsburgh after scoring a career-best 11 goals and 15 assists with the Penguins and Florida Panthers.

New Jersey signed Tallinder to a four-year, $13.5-million deal, while the Anaheim Ducks picked up Lydman for a three-year contract worth a total of $9 million.

Oilers land Fraser and Foster

The Edmonton Oilers signed free agent defenceman Kurtis Foster to a two-year, $3.6-million US deal. Foster, 28, had eight goals and 34 assists in 71 games with Tampa Bay last season. 

The Oilers also picked up forward Colin Fraser from the Chicago Blackhawks in exchange for Edmonton's sixth-round draft pick in 2010. Fraser, who has 36 points and 108 penalty minutes in 157 career NHL games, signed a two-year deal.

Penguins pick up Martin, Michalek

Fresh off losing Sergei Gonchar to Ottawa, the Pittsburgh Penguins more than filled the hole in their defensive core by signing blue-liners Paul Martin of the New Jersey Devils and former Phoenix Coyotes defenceman Zbynek Michalek to a pair of five-year deals.

Martin's contract is worth $25 million, while Michalek signed for $20 million.

Martin was limited to 22 games last year after breaking his left forearm in October, and injury that cost him a shot at playing in the Vancouver Olympics. The 29-year-old, who has played his entire career in New Jersey, scored two goals and nine assists last season.

Michalek, 28, a Czech Republic native, had three goals and 14 assists in 72 games with the Coyotes last season.

Canadiens add goalie Auld

The Montreal Canadiens signed goaltender Alex Auld to a one-year, $1 million contract.

The deal comes just two days after acquiring the rights to former Nashville Predators goalie Dan Ellis.

Auld split time backing up Marty Turco in Dallas and Henrik Lundqvist in New York last year and is now expected to play behind Carey Price in Montreal. He finished last season with a 9-7-3 record and a 2.95 goals-against-average.

Montreal signs Boyd, others to 1-year deals

Montreal also picked up forward Dustin Boyd, who scored a career-high 24 points last season with the Flames and Predators. Also inking one-year deals were goalie Curtis Sanford and Frederic St-Denis, who both spent last season with the AHL's Hamilton Bulldogs.

Biron backing up Lundqvist

The New York Rangers added a reliable backup for their resident all-star goaltender Henrik Lundqvist by signing journeyman netminder Martin Biron to a two-year deal.

The deal is worth $1.75 million over two seasons.

Biron, 32, spent last season in a goaltending carousel with the New York Islanders — sharing with Dwayne Roloson and Rick DiPietro and posting a 9-14-4 record with a .896 save percentage and 3.27 goals-against average.

The Lac-St-Charles, Que., native is a 10-year NHL veteran, playing for the Buffalo Sabres, Philadelphia Flyers and last season's stint on Long Island.

Prospal, Christensen stay in NYC

Forward Vinny Prospal has agreed to a one-year, $1-million US deal to stay with the Rangers, with the potential for him to earn more in bonuses.

The Rangers also agreed to a two-year deal with centre Erik Christensen. The financial details were not disclosed but reports indicate the deal was worth $1.95 million.

Sharks sign Niittymaki

The San Jose Sharks have moved to shore up their goaltending situation by signing former Tampa Bay Lightning netminder Antero Niittymaki to a $4-million contract over two years.

Niittymaki — who posted a 21-18-5 record and 2.98 goal-against-average in 2009-10 — split time in the Lightning net with Mike Smith last season.

Lightning strike deal with Ellis

With the departure of Nittymaki to San Jose, the Lightning signed goalie Dan Ellis.

Ellis, who had his rights traded by Nashville to Montreal on Tuesday before signing with the Lightning, tweeted: "Very excited about signing in Tampa … looking fwd to playing with my ex-partner and great friend Smitty [Mike Smith]."

Chris Mason lands in Atlanta

Following the trade of Jaroslav Halak to St. Louis, the Blues' former No. 1 netminder has signed a two-year deal with the Atlanta Thrashers.

Coburn remains a Flyer

The Philadelphia Flyers kicked off the opening of free agency by re-signing defenceman Braydon Coburn to a reported two-year deal worth $3.2 million per season.

Shelley, O'Donnell head to Philadelphia

The Flyers picked up tough-guy Jody Shelley for three years and $1.1 million per season, while former Kings defenceman Sean O'Donnell signed a two-year contact worth $2 million.

The Flyers also acquired defenceman Andrej Meszaros from Tampa Bay for a second-round pick in 2012. Meszaros has tallied 33 points in 2 NHL seasons.

Boogaard bolts to Broadway

Letting Shelley walk, the Rangers filled their tough-guy vacancy by signing Derek Boogaard, formally of the Minnesota Wild.

Boogaard signed a four-year, $6.5-million US deal. The 28-year-old has 544 total penalty minutes in 252 career NHL games.

Steen re-signs with Blues

Coming off a career season, forward Alex Steen signed a four-year contract extension with the St. Louis Blues.

Steen, 26, tied for the team lead with 24 goals while posting 47 points in 68 games last season. St. Louis also locked up forward Vladimir Sobotka, who was acquired from Boston in June, with a one-year deal. Sobotka, 22, scored four goals and six assists in 61 games with the Bruins last season.

Wild add Cullen, Nystrom and re-sign Latendresse

The Minnesota Wild signed centre Matt Cullen to a three-year deal worth $10.5 million. Cullen had 16 goals and 32 assists in 81 games for Carolina and Ottawa last season.

The Wild also inked left-winger Eric Nystrom to a three-year contract. The 27-year-old had a career-high 19 points last season in 82 games with the Calgary Flames.

Guillaume Latendresse re-signed to a two-year contract worth $5 million. The 23-year-old left-winger from Ste-Catherine, Que., was acquired from the Montreal Canadiens in a trade for Benoit Pouliot in November and put up 37 points in 55 games with the Wild.

Coyotes add Whitney, keep Morris

Veteran forward Ray Whitney signed a two-year, $6-million deal with the Phoenix Coyotes.

The 38-year-old Saskatchewan native spent the last five seasons with Carolina and is heading into his 18th season in the NHL.

In 80 games last season, Whitney had 58 points (21 goals, 37 assists).

The Coyotes also signed defenceman Derek Morris to a four-year contract worth $11 million. Morris played five seasons with the Coyotes before returning to Phoenix at the trade deadline in a deal with the Boston Bruins.

Babchuk returns to Carolina

The Carolina Hurricanes agreed to a one-year deal with defenceman Anton Babchuk. The 26-year-old will make $1.4 million in 2010-11 after spending last season playing for Avangard Omsk of the Kontinental Hockey League in Russia.

Stars ink Burish, Raycroft

The Dallas Stars signed centre Adam Burish and goaltender Andrew Raycroft to two-year contracts. Burish's deal is worth $2.3 million, while the first year of Raycroft's deal is a two-way contract worth $700,000/$105,000 and the second year is a one-way deal worth $600,000.

Bruins re-sign Paille

The Bruins signed forward Daniel Paille to a two-year contract extension.

The 26-year-old Paille has played five seasons for Boston and the Sabres. He had 10 goals with nine assists for Boston last season. Paille was a member of the Bruins' penalty-killing unit that ranked third in the NHL.

With files from The Associated Press