It’s conceivable that Derek Stepan wanted even more than he received from the New York Rangers, but a six-year extension with a $6.5 million cap hit still stands as an enormous deal.
The 25-year-old’s contract is worth a total of $39 million, and he’ll see his highest salary in 2015-16 and 2016-17, as the Rangers will pay him $8 million (and a $1 million signing bonus) each year.
When the deal went down, Rangers GM Jeff Gorton explained that the team wanted to lock up a big-time player.
“[You] want players who can play big in the big moments on the biggest stage — and there is no bigger stage than New York City,” Gorton said, via Blueshirts United. “Derek has proven he can do that.”
Well, now Stepan will face a different kind of pressure: proving that he’s worth the money.
Rangers history is littered with the shattered expectations of Rangers who ended up being cap catastrophes, something that once defined the tenure of long-time GM Glen Sather. On the bright side, the team’s had better luck when they shell out big cash to homegrown talent, most obviously with Henrik Lundqvist.
Stepan’s scoring continues to come along each season. Despite being limited to 68 games in 2014-15, Stepan generated 55 points, nearly matching his 2013-14 output (57 points in 82 games).
Stepan’s been a strong playoff performer, as well, and that will need to continue after some key personnel losses this summer.
One of those changes came in the retirement of Martin St. Louis, a situation that could be quite interesting for Stepan, his frequent linemate.
Stepan’s possession numbers were downright ghastly in 2014-15, but it’s plausible that some of those struggles may be attributed to his veteran partner’s decline.
The American forward is in the prime of his career, so he’s in a solid position to live up to expectations. That’s good, because they’ll rise in a big way with that big contract.