Derek Stepan’s arbitration date has been set for July 27. While it is unlikely that this goes to arbitration, the Rangers and Stepan now have exactly two weeks to get a deal done before that arbitration date. If a deal is not reached, then there will be a one or two year amount given by the arbitrator. The Rangers then have the option of walking away from the awarded amount, making Stepan a free agent. That’s extremely unlikely to happen.
My guess is that this will go to the final hours, and we will probably see a deal during the weekend of July 25/26.
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