Rangers Resign Callahan

The Rangers have signed their final restricted free agent and avoided arbitration yet again by resigning Ryan Callahan to a three deal worth $12.875 million dollars.

The cap hit for Callahan, who many assume will be the Rangers next captain, will be $4.28 million a year, which is just a tad higher than Dubinsky’s cap hit.

The deal covers Callahan’s final RFA year and two of unrestricted free agent years.

The roster for next season is pretty much set, but with another buyout period upcoming we may not have seen the Rangers last move just yet.