12:43PM: Pierre LeBrun tweets that the deal for Stepan and the Rangers is DONE and that he will make a little north of $3 million.
12:27PM: Bob McKenzie confirms that Stepan and the Rangers are “close” to a two-year deal and that the money is less than $3.25 million per season but greater than $3 million.
11:57AM: Larry Brooks writes in the NY Post that talks between the two sides accelerated this morning and the belief is that the final total of the contract will be $6.5 million, splitting what Stepan is asking and what the Rangers are offering.
Brooks says that Stepan has been skating in Madison, Wisconsin with his former college team and that he would likely meet up with the Rangers on Sunday after the team returns from Las Vegas.
11:03AM: Larry Brooks tweets that “informed sources” are telling him that the Rangers and Stepan are closing in on a deal.
10:36AM: According to a tweet from Elliotte Friedman, the Rangers and Derek Stepan are “getting closer” to a contract and the two sides are “grinding down” to a final number that would bring Stepan back to the Rangers.
Friedman says that the deal is expected to be in the neighborhood of $6.5 million over two years.
The two sides have previously agreed on a two-year deal but Stepan has asked for $7 million over the two year while the Rangers are offering around $6 million.
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Adam Rotter: As much as it would have been nice to have this mess done with prior to training camp, now is really the deadline for Stepan to sign and be available for opening night. If the deal is done by the end of the day Stepan could meet the team in Vegas and likely suit up for tomorrow’s final preseason game against the Kings. He would then have a few days to be at practice and get acclimated before the team heads out west for a nine-game road trip to start the season.