Entering the final year of a two-year deal, Marchand's extension will carry an annual average value of $4.5 million against the salary cap, which will give the 24-year-old Halifax native an annual average raise of $2 million from his previous contract. The deal will begin in 2013-14 and will expire following the completion of the 2016-17 season.
Selected with the No. 71 overall pick in the 2006 NHL Entry Draft by the Bruins, Marchand was a prominent member of the team's 2011 Stanley Cup championship, scoring 11 goals and eight assists for 19 points over 25 games. His 11 goals tied Jeremy Roenick for the second most goals scored by a rookie in the postseason.
In 173 career games, Marchand has recorded 49 goals and 48 assists for 97 points.