Hedman re-signed by Bolts.

Various sources report via Twitter the Tampa Bay Lightning have re-signed defenseman Victor Hedman to a five-year extension. Details to follow.

**UPDATE** TSN reports the deal could be worth around $20 million, which would be an average cap hit of $4 million per season.

TAMPABAY.COM: Damian Cristodero has reaction from Hedman and the Lightning.

SPECTOR’S NOTE: Hedman has been improving with each season, and at only 20, his best seasons remain well in front of him. While the extension may seem a bit pricey, it could be considered a bargain in the later years if he continues to improve.