9:18AM: While it was reported yesterday that Ryan Callahan has lowered his demands from seven years to six years and from $7 million plus per season to a number south of $6.5 million, the sense, according to Katie Strang, is that there is still a lot of work to be done before the Rangers and Callahan come to terms on a contract extension.
The Rangers have offered Callahan six years and $6 million per season and are reportedly not going to budge off of that.
Bob McKenzie said on NHL Live last night that there are two ways to look at the contract situation:
- On coming to terms on a deal: “Glen Sather spends that much on lunch on July 1 sometimes, it shouldn’t be a problem, split the difference and call it a day and there we go boom, you’re done, keep the captain in the fold and everything is wonderful.”
- On not coming to terms, “The flip side is that Callahan believes he can get a lot more going to open market and he is already sacrificing earning power by staying and taking a lesser deal. The New York Rangers already feel, I think, that they are overpaying a guy that is a $5.5, $5.75 and that they are going the extra mile by going to $6 million a year. So it’s gonna be interesting to see where it goes. I don’t know that either side has that much wiggle room but we have a little less than 48 hours to see if they can get something done.”
Pierre LeBrun said last night that Callahan feels that he has made his move in conceding on some of his demands and now the ball is in the Rangers court.
Callahan’s agent said that he isn’t worried about Callahan’s value if he becomes a UFA.