It's been clear since the Kings acquired Marian Gaborik that both the team and the player were interested in a long-term extension. In his wonderful 30 Thoughts column Elliotte Friedman suggests that both sides have gotten their wish, and a new contract will likely be announced after the playoffs. The relevant quote:

24. Don't think Marian Gaborik is going to hit free agency. During their 2012 cup run, the Kings quietly did an extension with Jarret Stoll , but waited until it was over to announce. Could see something similar here.

Although Friedman couches his language, it seems quite likely from this quote that Gaborik and the Kings have either already agreed to an extension or are very close to it. Friedman says nothing about the terms of the contract. That Gaborik apparently does not want to test unrestricted free agency, however, suggests that, like Jarret Stoll, he's more interested in signing in the right place than in maximizing his compensation.









The one major downside is that Gaborik will be 33 next season and is very likely on the downslope of his career. Since the Kings are contenders right now, however, they can afford to sign a player of Gaborik's age. Gaborik may not be good in five years but for the next two to three he will probably make an already excellent Kings team far more dangerous.