NHL Rumors and News: Henrik Lundqvist Signs 7-Year Extension With NY Rangers, Contract Worth $59.5 Million For Goalie

Dec 04, 2013 01:45 PM EST

The New York Rangers have wanted to lock up goalie Henrik Lundqvist for quite some time and now the team has done it, completing a seven year extension with the goalie that will keep him in a blue shirt for the foreseeable future and the deal is worth $59.5 Million, making him the highest paid goalie in the NHL.

Lundqvist has won a Vezina Trophy and is considered to be one of, if not the best goaltender in the NHL and now he will be with the Rangers for the rest of his prime career just as he was finishing a six-year, $41.25 million contract. The team was worried about losing Lundqvist and now that will no longer be an issue, as he had wanted to stay in NY and he comes into this week with an 8-11 record this season. The Rangers star now will be paid more than both Tuukka Rask and Nashville's Pekka Rinne and he has been the most important player for the Rangers for a number of years.

According to ESPN.com, Lundqvist has made over 530 appearances for the Rangers and has nearly 50 shutouts and a 284-182-57 record with a 2.26 GAA. Lundqvist has agreed to a seven-year contract extension with the New York Rangers that is expected to make the Swede the highest paid goaltender in the National Hockey League, the team said on Wednesday.

Financial terms of the contract were not disclosed but local media reports said it is worth $59.5 million, which would put Lundqvist $1.5 million above the $7 million annual salary for Nashville's Pekke Rinne and Boston's Tuukka Rask.

"Since his arrival in New York in 2005, Henrik has consistently been one of the elite goaltenders in the NHL," Rangers general manager Glen Sather said in a statement.

"He is a proud representative of the tradition and class of this organization and we are excited to have him remain as a cornerstone of the franchise."

Lundqvist, 31, has been voted a Vezina Trophy finalist as the league's top goaltender in five of his eight NHL seasons, winning the award following the 2011-12 campaign.

The two-time Olympian, who led Sweden to Olympic gold at the 2006 Turin Games, was in the last year of his current contract.

While Lundqvist had insisted his contract status was not a distraction for him, he has had an underwhelming start this season with an 8-11-0 record, 2.51 goals against average and .917 save percentage.

The three-time NHL All-Star entered the season as the only goaltender with an active streak of eight straight 20-win seasons, and holds the record for most consecutive 30-win seasons to begin his career with seven straight.

(Reuters)

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