Tanner Pearson is here to stay.

The Vancouver Canucks have signed the 28-year-old winger to a three-year contract extension worth $3.25 million per season, according to a report from Darren Dreger of TSN.

Pearson was eligible to become an unrestricted free agent this summer, as he’s in the final year of a four-year contract that carries a $3.75 million cap hit. He was much talked about as potential trade bait ahead of Monday’s trade deadline.

Pearson is currently on injured reserve, and is one of the few Canucks players who hasn’t landed on the NHL’s COVID list.

The 6-foot-1, 200-pound winger found quick chemistry with Bo Horvat after being acquired in a trade with the Pittsburgh Penguins on February 25, 2019. Pearson has compiled 68 points in 121 games since coming to Vancouver, spending most of it on Horvat’s left wing.

But after scoring 45 points (21-24-45) in 69 games last season, Pearson is having a down year offensively, with just 11 points (6-5-11) in 33 games in 2021.

While Pearson is a hard worker and can play up and down in the lineup, there is some risk in signing him to a three-year deal, given he’ll turn 30 years old in 16 months. If his production this season is a sign that he’s slowing down, the Canucks may have hitched their wagon to an expensive third-line winger.

On the flip side, if this shortened-season proves to be nothing more than a blip and he ages well, the deal will turn out fine. Like most deals, time will tell.

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