Mika Zibanejad’s two year, $5.25 million contract is expiring this offseason. Zibanejad signed this contract in 2015 with the Ottawa Senators, after his 3 year, $5.325 million entry level contract expired. Unless the New York Rangers re-sign him sooner, Zibanejad will become a restricted free agent on July 1.
Both Zibanejad’s cap hit and average annual value (AAV) were $2.625 million per season in 2015-16 and 2016-17. His actual NHL salary varied in each season of this contract – $2 million last season, $3.25 million this season. Since Zibanejad has already fulfilled a bridge deal, he may be in search of a long-term extension now.