The New Jersey Devils have signed forward Timo Meier to an eight-year, $70.4 million contract extension, the team announced Wednesday.

Meier landed with New Jersey in a blockbuster trade in February between the Devils and San Jose Sharks. San Jose shipped Meier -- in the final season of a four-year, $24 million contract -- to New Jersey while retaining 50% of his cap hit, and received a package of four players and three draft choices in return.