Rangers Sign Henrik Lundqvist To Seven-Year Contract Extension

The New York Rangers have signed goalie Henrik Lundqvist to a seven year contract extension worth $59.5 million. It carries a salary cap hit of $8.5 million.

The 31-year old Lundqvist was drafted by the Rangers 205th in the 7th round of the 2000 draft.

Lundqvist is coming off of a six-year, $41.25 million deal, a $6.875 million cap hit.

What do you think of the deal?