Update: Per Darren Dreger, the Rangers and Girardi have agreed on a six-year deal worth $5.5 million, keeping Girardi on Broadway until he turns 36 years old. Per Pierre LeBrun, Girardi’s deal has a full no-movement clause for the first three years, and a modified no-trade clause the last three years.

Original Post: Per John Shannon of Sportsnet, the Rangers and defenseman Dan Girardi are closing in on an extension to keep the soon to be 30-year-old defenseman in New York for the foreseeable future. Girardi is rumored to want a six-year deal worth $5.5 million per year, which puts him right at where I estimated for the 2014-2015 payroll. The Rangers were countering with one of two deals: A six-year deal at $5 million per year or a five-year deal at $5.5 million per year.

Girardi’s current deal, which came with a $3.325 million cap hit, expires at the end of the season.

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