TSN reports the deal is worth $1.85 million, an average annual value of $925,000.
Orr played in 44 games this season, leading the NHL with 155 penalty minutes while adding one goal and four points. He dressed for all seven games in Toronto's first-round loss to the Boston Bruins in the Stanley Cup Playoffs.
The 31-year-old has played for the Bruins and New York Rangers during a nine-season NHL career. In 422 games, he has 12 goals, 24 points and 1,076 PIMs.
I don't think it's really truly going to sink in until we drop the puck, to be honest. I know there's going to be a lot of smoke and mirrors with the media attention and all that. We came [Monday] and it was sort of a light day to get things organized. We just want to focus in on the business aspect, the game itself. That's what we're preparing to do. Get these next couple of days out of the way and it's game on.
— Lightning captain Steven Stamkos on playing in his first Stanley Cup Final