Financial terms were not disclosed by the club, however multiple outlets reported that the deal was for $21.2 million.
The contract comes after the two sides were unable to work out an agreement and had to go to arbitration.
Tatar recorded a team-best 25 goals to go along with 21 assists while playing in all 82 games last season. The campaign was the final one in Tatar's three-year, $2.7 million deal.
The 26-year-old Slovak has collected 99 goals, 95 assists and 112 penalty minutes in 345 career contests since being selected in the second round of the 2009 NHL draft.
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