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King of New York: Rangers sign Lundqvist to seven-year, $59.5 million extension

Dec 4, 2013, 10:13 AM EST

Henrik Lundqvist Getty Images

Henrik Lundqvist will be the King of New York a little while longer.

Lundqvist and the New York Rangers have agreed to a seven-year contract extension. TSN’s Bob McKenzie says has a cap hit of $8.5 million per year making it a $59.5 million deal in all.

Lundqvist was due to become an unrestricted free agent this summer, but he was eager to stay with the team. Now he’ll be a Ranger until he’s 39-years-old. Unless he has a Martin Brodeur-like run age-wise, this extension should make him a New York Ranger for life.

The timing of this announcement is made all the more fun after the “controversy” that erupted this week when coach Alain Vigneault started his backup, Cam Talbot, two games in a row, a decision Lundqvist himself supported.

Not that there were any real doubts about Lundqvist’s tenure in New York in the first place, but he’ll be holding down the Rangers net until 2021.

  1. johnstone17 - Dec 4, 2013 at 10:18 AM

    Glad it got done. Now go win a cup.

  2. jpelle82 - Dec 4, 2013 at 10:20 AM

    maybe he can go play worry free hockey now, redeem himself, and save the season for the blue shirts. long live the king

    • c9castine - Dec 5, 2013 at 12:54 AM

      i don’t think he ever put himself in a position for which he would have to redeem himself. one of the few big contracts i don’t disagree with at all.

  3. ibieiniid - Dec 4, 2013 at 10:22 AM

    a lot of fans of teams in need of a goalie just shed a tear.

  4. curioustraveler13 - Dec 4, 2013 at 10:26 AM

    Wow! He really held them to a kings ransom.

  5. xdj511 - Dec 4, 2013 at 10:31 AM

    I just swore out loud in the middle of my office. No more questions about who the #1 goalie will be for the Rangers for the rest of the decade, huh?

  6. cruuuzcontrol - Dec 4, 2013 at 10:42 AM

    Alright, Hank… You’re set for life now. No excuses. Focus on getting your game right and carry this team the rest of the way.

  7. stepanup - Dec 4, 2013 at 11:03 AM

    Rangers have to resign Callahan, Kreider, Brassard (if), Girardi, Del Zotto, John Moore, Zucc, Stralman and Falk all this offseason. That’s assuming they let Boyle, Pyatt, Pouliot, and Moore walk. If I were Sather I wouldn’t be sleeping at night.

    • stakex - Dec 4, 2013 at 12:39 PM

      I actually think the amount of open roster spots the Rangers have going into next season is a great thing. It gives them a chance to blow up the roster and bring in new blood… something this team needs. The other thing to remember is that most of those guys that will likely be back won’t be getting big raises. Girardi will likely see the biggest payday, and he might not even be a Ranger by the end of the season…

      The Rangers are also likely buy Richards out after the season, freeing up plenty of cap space. Richards might have had a hot start to the season, but he has vanished over the 15 games and looks no better now than he did last season. I can’t see the Rangers rolling the dice on him for the next six season when they have a chance to simply walk away.

    • gaborik104life - Dec 4, 2013 at 3:05 PM

      MDZ is all but gone Rangers have no interest in him/can’t afford to keep him. Stralman is in for a pay raise as he has really improved so the Rangers can’t keep him. Brass has to show he is worth it to keep him which I hope he does as his skill and talent when shown are something to witness. Also should Richie be bought out (a very high chance) who takes the #2 center spot? Falk if he stays is not getting much and the ahl team has a few players to get serious consideration (Allen, Miller, Fasth, Lindberg, Mcalrath off the top of my head although Allen is on my list because he looked really good in preseason). Kreids, Call, and Girardi are getting resigned. As much as people hate Boyle he does have value for his faceoffs, penalty kill ability blocked shots and ill admit he is “soft” in that he can’t fight but throwing your body in front of a puck going at least in most cases 80 mph the amount of times he does is something to respect so a pay decrease and I think resigning him must be considered. The rest can go without so much as a goodbye.

  8. ibieiniid - Dec 4, 2013 at 11:17 AM

    who are all these thumbs downers on here? Lundy haters?

    • cofran2004 - Dec 4, 2013 at 1:42 PM

      Pretty sure its just people that are butt-hurt that he won’t be a free agent at the end of the year. Pittsburgh seems to have the majority of posters on the PHT forums, and oddly enough, they need a better netminder. I can see them crying all over this forum, and their tears landing on the thumbs down button.

      just a theory, but it has some merrit…

      • ibieiniid - Dec 4, 2013 at 1:50 PM

        i always get the vision of Oscar the Grouch in a Pens jersey just going down the list of comments and thumbs-downing anything that doesn’t say ‘Penguins’ and ‘best’ in it. in reality, it’s probably steelers88.

        (i bet he replies, not by clicking the reply button mind you, and calls me jealous of his Penguins)

      • ibieiniid - Dec 4, 2013 at 4:38 PM

        how did not one of them answer? 20+ each on those first 3 comments, nobody wanted to tell why those were bad comments. children man, children.

      • cofran2004 - Dec 5, 2013 at 7:43 AM

        Because it’s much easier to just hit the thumbs down button and troll elsewhere.

      • patthehockeyfan - Dec 4, 2013 at 5:31 PM

        Pretty sure they’re afraid of being sliced to threads by your cutting wit, ibieiniid. I know I would be.

    • jpelle82 - Dec 4, 2013 at 1:42 PM

      i was wondering the same thing

    • cofran2004 - Dec 4, 2013 at 2:00 PM

      you know what? I can visualize that. Very easily.

  9. stepanup - Dec 4, 2013 at 11:18 AM

    Hey Joe/PHT team, this might be a good time to start UFA speculation. We’re at the 1/3 pole, and the list is salivating:

    Gaborik, Vanek, Thornton, Marleau, Boyle, Phaneuf, Stastny, Steen, Moulson, Vrbata, Miller, Cammelleri, Markov, Callahan, and Michalek, among many, many, others.

  10. blues1988 - Dec 4, 2013 at 11:30 AM

    the new york sports teams have spent quite a bit of money over the last few weeks: lundqvist: 7 yr 59.5 mil, brian mcann: 5 year 85 mil, jacoby elsbury: 7 yr 153 mil. this also shows the difference between baseball money and hockey money. one of the best goalies in the league 8.5 mil per year, above avg 30 year old outfielder 22 mil per year.

    • capone888 - Dec 4, 2013 at 2:34 PM

      Baseball generates much, much more revenue than hockey. Baseball players should get more.

      • ibieiniid - Dec 4, 2013 at 4:03 PM

        yeah, people can thumb down that, but they play double the games, and they sell almost 2x as many tickets per game, if not more. I often used to wonder why baseball players made so much….. 162 games. think about that. 81 home games, 81 away. sure they’re in series form, but that’s a LOT of games to play. football, I can’t explain past how much merch football fans buy and how much beer they drink.

  11. nyeagles10 - Dec 4, 2013 at 11:37 AM

    awesome newssss

  12. patthehockeyfan - Dec 4, 2013 at 11:46 AM

    Holy crap! Good for Lundqvist!

  13. blomfeld - Dec 4, 2013 at 12:11 PM

    WELL DONE # 28 !!!

    Obviously Lundqvist is a decent enough goalie … but at 8.5 mil per season ? … yikes !!!!

    *** NHL’s Current Top Goalies as per Le Figaro Magazine ***

    1) Jonathan Quick
    2) Benjamin Scrivens
    3) Martin Jones
    4) Jonathan Bernier
    5) Cory Schneider

    28) Henrik Lundqvist
    29) Alexander Ovechkin
    30) Ilya Bryzgalov

    • nicknyhc - Dec 4, 2013 at 12:36 PM

      The Rangers had a rough start and are transitioning into a new system under a brand new coach. Their team defense was awful for the first 15 games. Lundqvist started the season off with a lower body injury also.

      If you think there are currently 27 goaltenders in the NHL better than Lundqvist (over the course of the last few years) then you’re stupid.

      Hank is not one of the least talented bottom three goalies. Get real.

      • ibieiniid - Dec 4, 2013 at 12:52 PM

        at least he’s a better goalie than OV.

    • sabatimus - Dec 4, 2013 at 12:53 PM

      That is one of the dumbest lists I’ve ever seen. Ovechkin? Were they on crack when they wrote that?

      • ibieiniid - Dec 4, 2013 at 1:33 PM

        lmao that’s Blom’s list. he labels it from a different source every time. I’ve come to appreciate it’s hilarity. Bernier INSTANTLY moved out of the top two when he got traded, and Scrivens, probably a guy blom had never even heard of, let alone seen play, was instantly top 5.

        lol @ the inclusion of Martin Jones in this edition.

      • blomfeld - Dec 4, 2013 at 5:02 PM

        AND BY THE WAY, WHAT’S WITH THIS ‘KING’ LABEL ?

        As I mentioned above, I’ve no problem acknowledging that Lundqvist is a ‘decent’ enough goaltender. However I’ve never fully understood how this guy was ever given the title of King? I mean seriously, what ‘exactly’ is this guy supposed to be the King of? With all due respect to you Ranger fans, I would submit that this entire notion of Lundqvist being a King is ‘fanciful & comical’ at best … and It makes positively no sense by any ‘serious’ hockey standard …

        *** examples of ‘real’ Kings at large ***

        – Elvis Presley
        – MLK
        – Jonathan Quick
        – King George V
        – Drew Doughty
        – Arnold Palmer
        – Michael Jackson
        – Jeff Carter
        – Nelson Mandela
        – Lord Horatio Nelson

    • cofran2004 - Dec 5, 2013 at 2:05 PM

      In the history of england, there were many kings by the name of “henry.” Henrik Lundqvist’s first name has been anglo-ized to Henry on occasion. Also, 2 years ago, he won the vezina. Whether you think he should have or not, he did. Sorry. Generally, when one is wins the vezina, they are considered the best goalie in the league. The NHL is the premier league of planet earth. When someone is the best at his position, he is sometimes labeled the “king” of said position. Hence, King Henrik.

      Hope that helps.

  14. ludacrish05 - Dec 4, 2013 at 12:16 PM

    As a caps fan, I’m glad Tords is out and King stays, I’m all in for him to win a cup and he has 7 more years to do it

  15. tjvalley - Dec 4, 2013 at 12:17 PM

    Good for the rangers. But bad for the rangers come the back end of this deal. How many goalies really play at his level past 35? The rangers just mortgaged there future so you ranger fans better get at least 1 cup in the next five years or you won’t be seeing one for a long time.

  16. flyerspsu - Dec 4, 2013 at 12:18 PM

    8.5 mil is a lot but the cap hit is going to go up a great deal in the next few years so it wont hurt the Rangers with the Cap as much as people think

    • stakex - Dec 4, 2013 at 12:28 PM

      Exactly. If the cap was going to be static for the next 10 years this would have been a terrible mistake… but all signs point to a massive spike in the cap ceiling over the next few years.

    • DED - Dec 4, 2013 at 12:37 PM

      Yeah, it’s a safe bet the Cap will go up over the next few years, but next year is the big one for the Rangers. The team will have 13 guys who will be free agents next summer, including Callahan and Girardi. Either the Rangers will either be busy at the trade deadline shedding dead weight and picking up rentals or they’ll be letting a lot of guys walk over the summer. I would’ve preferred that Lundqvist get a million less per year as that money may be the deciding factor in retaining/signing someone else of value. Then again, maybe we’ll hear the Richards buyout talks resume.

      • stakex - Dec 4, 2013 at 12:48 PM

        I think Richards is gone. He started the season hot, but his play has fallen off since then and he isn’t playing up to the value of his contract right now. Considering his deal goes through 2020, I just don’t see the Rangers riding the Richards roller coaster till then.

        As for their free agents, I do think some of them will be traded before the end of the year. Something needs to happen if the Rangers are going to have any chance to go deep in the playoffs, or hell… even make the playoffs. I wouldn’t be shocked to see Girardi traded to bring in some more offense since he’s in line for the biggest raise in the summer.

  17. kingcobraman - Dec 4, 2013 at 12:23 PM

    great goaltender just hope the curse of the long term contract doesn’t get him….

    • cofran2004 - Dec 4, 2013 at 1:51 PM

      It’s not like he’s going to retire to go play in the sweedish elite leagues like kovalchuk did (except to the KHL, obviously). Lundqvist has the feel of a marty brodeur… he may play til he’s 100. Same work ethic, same fire while playing. I can only hope… may be a rangers fan, but I respect the hell out of brodeur as a goalie (not a person… but then again, who does??)

      • patthehockeyfan - Dec 4, 2013 at 2:23 PM

        but I respect the hell out of brodeur as a goalie (not a person… but then again, who does??)

        answer: his ex-sister-in-law

      • cofran2004 - Dec 4, 2013 at 2:28 PM

        Touche, my friend…. touche.

  18. phillyphanatic77 - Dec 4, 2013 at 4:23 PM

    As much as I hate the fact that I have to watch Lundqvist shutout the Flyers for the rest of his career, it would’ve been hard to picture him in another jersey (altho I would’ve happily done it). Huge price tag, but Sather had no choice. Without the King the Rangers would be lost. Before the season started I had dreams of Lundqvist in orange and black but Mason’s emergence has made this resigning much easier to take.

    I bet Ryan Miller is extremely happy about the pricetag, too. Someones gonna give him 6-8 mil a year this summer.

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