The Lightning and Steven Stamkos have agreed to terms on a five-year contract. He will earn $8 million in each of the first four seasons, and $5.5 million in the final year, according to a source. He will carry a $7.5 million cap hit annually. "Steven is extremely important to this franchise and is part of the foundation of our hockey team," Lightning general manager Steve Yzerman said. "We are very pleased to have him signed and look forward to seeing him in a Lightning uniform for years to come." Stamkos, a restricted free agent, was the No. 1 overall pick in the 2008 draft. He played in all 164 games the past two seasons, leading the league with 96 combined goals.