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Rangers sign McDonagh: six years, $28.2 million

Jul 8, 2013, 8:44 AM EDT

Ryan McDonagh Getty Images

Ryan McDonagh is about to get paid.

TSN’s Aaron Ward reports the restricted free agent defenseman and the New York Rangers are on the verge of signing a six-year agreement.

Steve Zipay of New York Newsday suspects the deal could be worth $5 million-$6 million per season.

Update (9:14 a.m. ET): Larry Brooks of the New York Post says the deal is worth $4.7 million per year, for an overall total of $28.2 million. Great deal.

McDonagh is one of the team’s high-priority guys to be taken care of this summer and locking him in helps keep the offer sheets away.

With him signed the Rangers still need to to take care of Derek Stepan, Carl Hagelin, Mats Zuccarello, and newly acquired Justin Falk.

Jesse Spector of The Sporting News says teams could zero in on Stepan as an offer sheet candidate since the Rangers will be pushed closer to the salary cap.

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