Report: Isles keep Tavares long term

The New York Islanders locked up a big piece term deal.

The deal is not official yet, but the Islanders and Tavares are holding a press conference at 1 p.m. (et) on Thursday. Newsday is reporting that the deal is for $33 million over six years.

The foundation of the Islanders' rebuilding project, Tavares was the club's first-overall pick in the 2009 draft. He has compiled 53 goals and 121 points in 161 regular-season appearances, including a 29-goal, 67-point performance in 79 games a year ago.

The 20-year-old native of suburban Toronto had one year left on his initial three-year entry-level deal. He could have been a restricted free agent at the end of the upcoming season.

Once a proud franchise that boasted four consecutive Stanley Cup winners from 1980-83, the Islanders have only qualified for the playoffs once since 2004.