The New York Rangers have re-signed defenseman Dan Girardi to a six-year, $33 million contract extension.

Dan Girardi re-signs a six-year extension with the Rangers.

Dan Girardi re-signs a six-year extension with the Rangers.

 SPECTOR’S NOTE: The deal breaks down as an annual cap hit of $5.5 million. ESPN’s Katie Strang reports it also contains a full no-movement clause in the first three years, followed by a modified no-trade clause in the final three years.

It’s not the seven-year, $6 million per season Girardi was rumored seeking but still a significant raise over the $3.3 million per season he’s earned on his current contract.  It was rumored the Rangers would shop him if unsigned before the trade deadline. No, this isn’t a “sign-and-trade”. Girardi genuinely wants to remain a Ranger and Sather wants to keep him.

 The question now is whether or not the Rangers re-sign Ryan Callahan before the deadline. The latest word is Callahan’s talks with Sather are at a stalemate. Perhaps that changes in the days leading up to March 5, but only if Callahan is willing to either reduce his asking price ($6.75 million per season) or the term (seven years).