11:55AM: Katie Strang notes that the final three-years of McDonagh’s contract come with a limited no-trade clause.
11:13AM: The Rangers have confirmed that McDonagh has agreed to terms on a new contract.
Larry Brooks (9:14AM) reports that McDonagh will have a cap hit of $4.7 million per season.
Brooks notes that the Rangers six-year contract for McDonagh will buy out the first
two three years that McDonagh can be an unrestricted free agent.
McDonagh will now have the highest cap on the Rangers defense.
Adam Rotter: Six years and $4.7 million is about as good of a deal as the Rangers could have hoped for. They lock up an anchor on defense and do so at a reasonable rate for them. McDonagh will likely see his salary increase from year to year, and those last two years he will probably be making a number comparable to one he would get on the open market. To the Rangers though, $4.7 is the important number and it’s a number that should allow the Rangers to keep adding pieces around McDonagh.
Earlier Reports and Press Release Are Below
McDonagh, 24, registered four goals and 15 assists for 19 points, along with 22 penalty minutes in 46 games last season. McDonagh tied for first among team defensemen in goals, and ranked second in assists and points. He also ranked second on the team in blocked shots (78), third in average ice time (24:21), and fourth in plus/minus rating (plus-13). The Rangers posted a 13-1-1 record in games when he registered a point. In addition, McDonagh registered four points (one goal, three assists) in 12 playoff contests. He led team defensemen in assists, and tied for first in points during the postseason. McDonagh notched his first career NHL playoff goal on May 16 at Boston in Game 1 of their Eastern Conference Semifinal series.
In 2011-12, McDonagh established career-highs in several statistical categories, including games played (82), goals (seven), assists (25), points (32), plus/minus rating (plus-25), penalty minutes (44), hits (118), blocked shots (182), and shots on goal (123). He ranked 11th in the NHL and fifth among all defensemen with a team-high, plus-25 rating, ranked 15th in the NHL in average ice time (24:44), and eighth in blocked shots. McDonagh was one of seven Rangers who skated in all 82 games, and finished the season ranked second among team defensemen in goals, assists, and points.
The 6-1, 215-pounder has skated in 169 career regular season games over three seasons, registering 12 goals and 48 assists for 60 points, along with 80 penalty minutes and a plus-54 rating. He skated in his 100th career NHL contest on February 25, 2012, against Buffalo. McDonagh made his NHL debut on January 7, 2011, at Dallas, and tallied his first career point with an assist on January 20, 2011, at Carolina. He finished the 2010-11 season ranked second on the team and sixth among NHL rookies with a plus-16 rating.
Internationally, McDonagh has represented the United States at several tournaments, including at the 2011 World Championship in Slovakia.
The St. Paul, Minnesota native was acquired by the Rangers, along with Chris Higgins and Pavel Valentenko, from the Montreal Canadiens in exchange for Scott Gomez, Tom Pyatt and Mike Busto on June 30, 2009. McDonagh, who was named 2007 Minnesota “Mr. Hockey,” was originally selected by Montreal as a first round choice, 12th overall, in the 2007 NHL Entry Draft.
BUZZ: Expect A SIX-YEAR Deal For Ryan McDonagh TODAY
9:14AM: Larry Brooks writes that McDonagh’s cap hit is $4.7 million per season and that the contract is for six seasons.
Per cap geek, with McDonagh’s cap hit at $4.7 million, the Rangers have $6.5 million in cap space.
8:14AM: Aaron Ward of TSN tweets that the Rangers are expected to sign Ryan McDonagh to a SIX-YEAR contract later today.
THIS SECTION is about McDonagh and his contract.
It is expected that McDonagh will have a cap hit between $4 and $5 million. His salary is expected to escalate each season.