5:26PM: Darren Dreger said on TSN Drive that Callahan will need to come down in his demands but there is a lot of interest in him around the league.
5:14PM: Former Rangers captain Ryan Callahan is still talking with the Tampa Bay Lightning about a new contract but "no one" will be surprised if he goes to become an unrestricted free agent on July 1. (Bob McKenzie)
If Callahan stays in Tampa Bay the Rangers get the Lightning's 2015 second round pick. Tampa Bay would then receive the Rangers seventh round pick in 2015.