Rangers and Mika Zibanejad reach deal
The Rangers announced today that the team has come to terms with restricted free agent center Mika Zibanejad on a five-year contract with an AAV of $5.35 million.
OFFICIAL: #NYR have agreed to terms with restricted free agent forward Mika Zibanejad on a five-year contract with an AAV of $5.35 million. pic.twitter.com/HAOSGT9ZUw
— New York Rangers (@NYRangers) July 25, 2017
Zibanejad got his asking price of $5.3 million and will be a Ranger for the foreseeable future. He has a lot of dollars to live up to now that he’s gotten his big payday. If Zibanejad can produce a 60+ point season and continue to improve over the length of his contract, it will be well worth it. But if he stagnates in year three, let’s say, it could end up as a costly payout for a slightly above average player.
NOTE: After the Zibanejad deal, the Rangers have $3,050,556 left under the salary cap according to CapFriendly. The Blueshirts still need another centerman in their forward group, as well as additional cap space for any call ups they may need to make during the season.
A potential trade for Bozak that swaps Holden leaves #NYR with only 350K in space…that is not enough. Still possible. https://t.co/dvPvWqXZpb
— FullTilt Rangers (@NYR_FullTilt) July 25, 2017