The New York Rangers on Saturday night agreed to terms with veteran defenseman Will Borgen on a five-year contract extension, the club announced, and the new deal will carry a $4.1 million average annual value,

The defenseman, who was traded to the Rangers in December for Kaapo Kakko, signed a five-year, $20.5 million contract extension on Saturday.

Will Borgen signed a five-year, $20.5 million contract with the New York Rangers on Saturday. It has an average annual value of $4.1 million and begins next season. The 28-year-old defenseman is in the final season of a two-year contract he signed with the Seattle Kraken on July 7, 2023, and could have been a restricted free agent after the season.

Will Borgen opened up about his five-year contract extension that keeps him in New York for the foreseeable future.

Will Borgen is set to call Broadway home for the next five years. The New York Rangers announced Saturday that they have agreed to a five-year extension with the 28-year-old right-shot defenceman. Sportsnet's Elliotte Friedman reported that the deal carries an average annual value of $4.1 million.

As per Frank Seravalli, the New York Rangers have extended defenseman Will Borgen to a five-year, $4.1 million dollar contract. Borgen has tallied three points in 17 games with the Rangers since being acquired via trade from the Seattle Kraken for Kaapo Kakko.

The Rangers traded for Borgen from the Seattle Kraken on Dec. 18 in a package that included Kaapo Kakko. Borgen has served a big role since arriving in New York as Peter Laviolett

The New York Rangers have signed defenseman Will Borgen to a five-year extension with an average annual value of $4.1 million against the cap. Borgen arrived in