Lundqvist has two years remaining on his contract with the Rangers at a total of $13.75 million.
Frolunda secured the financing to bring Lundqvist back to Sweden over the weekend.
Lundqvist has said that he will take his time in making a decision on what to do during the lockout. He has said that he just wants to be ready for when the regular season starts.
Lundqvist's agent Don Meehan told Klein that he had no news on Lundqvist.