Witt, who will earn $3 million next season, will be paid $3.5 million in 2009-10 and $2.5 million in the final year of the deal.
Originally drafted by Washington with the 11th overall pick in the 1993 NHL draft, Witt played 12 seasons in the NHL with Washington, Nashville and the Islanders. He signed a three-year contract with the Islanders in July 2006.