Buzz: The Rangers made Marc Staal the priority

Marc StaalThe Rangers wanted to keep Marc Staal and made him the “number one” priority when it came to their pending Free Agents. (Friedman)

Elliotte Freidman says that the Rangers have had “not much conversation, if at all) with Marty St. Louis (UFA), Mats Zuccarello (UFA) and Derek Stepan (RFA). (Friedman)

For more on Stepan’s next contract, CLICK HERE.

For more on Zuccarello’s next contract, CLICK HERE.

For more on Marty’s next contract, CLICK HERE.


Buzz: The next contract for Derek Stepan

StepanDerek Stepan is entering the final-year of a two-year deal and has a salary/qualifying offer of $3.850 million.

Larry Brooks notes that Ryan O’Reilly has 73 goals and 118 assists in 345 games and Derek Stepan has 73 goals and 124 assists in 294 games. (Brooks)

Brooks says that when Stepan is eligible for arbitration next summer $6 million and O’Reilly will be his comparable. O’Reilly just signed a two-year deal two stay in Colorado for $5.8 million this year and $6.2 million next year. (Brooks)

  • O’Reilly signed an offer sheet with Calgary during the 2013 season that paid him $3.5 million that season and $6.5 million this past season. His qualifying offer this past season was $6.5 million.

Stepan is part of the Rangers young core with Ryan McDonagh and Mats Zuccarello and will need a long-term deal. (The Hockey News)

Through his first four years in the NHL, Matt Duchene averaged .73 points per game, Stepan is at .67, and signed 5-year deal worth $6 million per season out of his bridge contract which had a final season at $3.75 million. (CG and HR)

For more on Stepan, CLICK HERE.


Buzz: Looking at what Derek Stepan’s next contract could be

StepanIf Derek Stepan is to have “any kind of season” this year, he could be in line to double his $3.075 cap hit next summer when he is an RFA that is eligible for arbitration. (NY Post)

Since he joined the Rangers in 2010-11, Stepan leads the team in games played (294) assists (124) and points (197).

Stepan has played in 355 of a potential 356 games since joining the Rangers.

He held out of training camp this year as he and the Rangers couldn’t come to terms on a bridge deal.

Stepan’s salary next season is $3.85 million, which is what his qualifying offer will be. (Cap Geek)


Read: The Backloading Of Derek Stepan’s Contract

Derek StepanDerek Stepan’s two-year deal with the Rangers worth $6.15 million has a cap hit of $3.075 million and is broken down by year as:

  • Year One: $2.3 million
  • Year Two: $3.85 million

Bob McKenzie notes that the $3.85 million in the second-year will lead to a higher qualifying offer when his contract expires.

Stepan, unlike this year, will have arbitration rights when his next contract expires.

The deal is similar to PK Subban’s contract, $2 million in year-one and $3.75 million in year two, Nazem Kadri, $3.1 million in year-one and $2.7 million in year-two, and Logan Couture, $2.75 in year-one and $3 million in year-tw.


Notes: Derek Stepan’s Conference Call

Derek Stepan held a conference call a few minutes again to speak with the media about his new contract.

Stepan told Carp from Rangers Report, Steve Zipay, Pat Leonard and Andrew Gross that:

  • He has been skating with the University of Wisconsin and that he doesn’t feel as if his conditioning is far off.
  • He is flying to NY tonight and will undergo a physical and fitness testing tomorrow, skate on Saturday and then practice with the team on Sunday
  • He has no bitterness about the contract situation taking as long as it did, though he wished it was a process that ended sooner. He added that he got to understand the business side of things as a young player and that things don’t always go as smooth as you think they will.

5:53PM: Stepan told the team’s website that he felt an urgency to get the situation done so that he could be ready to start the season.

He told the NY Times that he was offered this contract on Monday and after talking with his family and his agent he decided that this was as close to where they thought they would end up at. Stepan said that he knew last night he was going to sign today.


NEWS: Rangers Sign Derek Stepan (Updates)

Derek Stepan

8:20PM: Bob McKenzie notes that Derek Stepan will make $2.3 million in the first year of his deal and $3.85 million in the second year.

The backloading of the contract gives Stepan a higher qualifying offer when his contract expires.

1:32PM: The team has confirmed that Stepan has signed

12:46PM The Rangers have officially come to terms on a new contract with RFA Derek Stepan, according to Pierre LeBrun and Larry Brooks.

Stepan’s cap hit will be $3.075 million per season.

1:44PM: Katie Strang tweets that Stepan will fly to New York tonight and meet up with the team when they return from their time out west.

1:16PM: Brooks confirms that the deal is worth $6.15 million over two years.

His cap hit will be $3.075 million per year.

1:02 PM: Brooks says that the deal is worth approximately $6.2 million over the two-year contract,

12:46PM The Rangers have officially come to terms on a new contract with RFA Derek Stepan, according to Pierre LeBrun and Larry Brooks.

The deal is two-years and his cap hit will be a little north of $3 million per season, according to LeBrun.

CLICK HERE for more on Stepan’s contract situation.

To read more of this story, click here


Buzz: The Rangers and Derek Stepan Are “Getting Closer” (Updates)


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.

CLICK HERE for more on Stepan’s contract situation.

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.