Rangers and Oilers announce new four-year, $25 million contract extensions

The Rangers and Edmonton Oilers have announced new four year, $35 million contract extension extensions for Ryan Nugent-Hopkins and Ryan Callahan, respectively, the teams announced Tuesday.

Callahan will become a restricted free agent July 1, 2021, and the Rangers will be in the market for an experienced forward to fill out their roster.

Callahans salary is $4.8 million annually, according to Spotrac, a site that compiles salary data.

The Oilers will receive a fourth-round pick in 2020 and the deal will pay Nugent $4 million per season for the next four seasons.

The Oilers are set to open training camp in Buffalo on Wednesday.

The first game of the season is set for Sept. 5 at the Pepsi Center against the Sabres.