Some massive news from the New York Rangers on Monday as team president John Davidson announced a seven-year contract extension for winger Chris Kreider, removing one of the biggest names from the trade market just hours before the deadline.
Kreider re-signing with the Rangers was always a possibility, but the longer it went on without a new deal (or talks of any kind) the less likely it seemed to be. But this was clearly something the two sides wanted and they were able to find a common ground on a new deal.
It is reportedly worth around $6.5 million per season.
It is a pricey contract for sure, and with Kreider already being 28 years old there is some real long-term risk down the line. But in the short-term Kreider remains a significant part of a Rangers’ core that has made significant progress over the past couple of months. They may not be able to do enough to get in the playoffs this season, but they are certainly on track to be a serious factor in that race next season.
Kreider is in the middle of a career year for the Rangers and has always been a lock for around 20 goals and 50 points while bringing a ton of speed to the top of the lineup.
The Boston Bruins, Colorado Avalanche, and St. Louis Blues were all thought to be potential suitors if he were to be traded.