Rangers, Zibanejad agree to 5-year, $26.75M contract

The New York Rangers and forward Mika Zibanejad agreed to a five-year, $26.75-million contract, the team announced Tuesday.

Both sides had a 9 a.m. ET arbitration meeting on Tuesday, but came to terms on a deal prior to a third-party's decision.

The deal appears to be a big win for Zibanejad. who was asking for $5.35 million per season from the Rangers, who were reportedly countering with a contract valued at $4.1 million per season, according to Sportsnet's Elliotte Friedman.

Zibanejad is coming off his first season with the Rangers since being acquired from the Ottawa Senators for forward Derick Brassard. The 24-year-old was limited to just 56 games due to injury, posting 14 goals and 37 points.

Zibanejad proved his worth in the postseason, where he led the club in scoring with nine points in 12 games.