As the New York Rangers continue their push to secure long-term core pieces, one name that has captured significant attention is Alexis Lafrenière. According to NHL insider Frank Seravalli, the Rangers have been in contract discussions with Lafrenière since the summer, with options for an extension ranging from short-term to a full eight-year deal. The most intriguing possibility is a contract valued at $64 million over eight years, with an average annual value (AAV) of $8 million.
Will the Rangers Lock in Alexis Lafrenière for $64 Million?
At just 23 years old, Lafrenière is entering the final season of his current two-year contract, which carries an AAV of $2.33 million. After being selected first overall in the 2020 NHL Draft, many expected Lafrenière to rise to stardom quickly. While his initial seasons showed flashes of brilliance, last season was his breakout campaign. He tallied career-highs in goals, assists, and points, showcasing the elite talent he was projected to bring to the NHL.
From a financial perspective, locking in Lafrenière now at $8 million per season could turn out to be a strategic masterstroke for the Rangers. The salary cap is projected to rise in the coming years, and an early extension could end up looking like a bargain as Lafrenière continues to develop into a top-tier forward. His power-play presence, physicality, and ability to drive play are valuable assets the Rangers want to retain long-term. Securing him at this price point could be a significant cap advantage in the future, allowing New York flexibility to continue building a competitive roster.
However, the risk always exists when committing to a player long-term, particularly one whose full potential has yet to be realized. Still, Lafrenière’s trajectory suggests that an eight-year, $64 million deal would be a solid investment in a player who is primed for sustained success.
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