At the time, Lundqvist was on a one-year bridge contract worth $4.5 million and Larry Brooks wrote in the NY Post that the Rangers will have no choice but to “accede to their 25-year old franchise goaltender’s demands” when it comes to an extension.
Brooks notes that the Rangers filed arbitration against Lundqvist during the previous summer to prevent a team from sending him an offer sheet before coming to terms on a deal and avoiding that situation. Lundqvist was scheduled to be an RFA again in the summer of 2008 and would have been susceptible to an offer sheet.
He speculates that Lundqvist might ask for a seven or eight year deal worth between $56 million and $68 million.
Lundqvist said at the time that the plan was always to sign a one-year deal in the summer and then focus on a long-term contract during the season.
Part of the reason the Rangers used a bridge contract on Lundqvist was to save salary cap space to sign both Chris Drury and Scott Gomez.
THIS SECTION is all about Lundqvist’s current contract situation and desire to stay with the Rangers.