Little, who avoided arbitration by agreeing to the deal, was the 12th overall pick in the 2006 NHL Draft by the Atlanta Thrashers. He played in 48 games during the 2012-13 season, scoring seven goals and 32 points.
Little, 25, has spent his entire career with the Atlanta/Winnipeg franchise. He scored a career-high 31 goals and 51 points in 2008-09 and posted 24 goals two seasons ago.
Little has 99 goals and 227 points in 404 career games.SI WIRE: REPORT: Jaromir Jagr agrees to one-year deal with Devils