- Sign him to a one-year deal
- Trade "their top penalty killing winger" for a "spare part or future consideration"
- Sign Hagelin long-term and trade another player to compensate for his cap hit.
For more on Hagelin's future, click HERE.
Hagelin just finished a two-year bridge contract that paid him $2.4 million this season and had a cap hit of $2.25 million.
Adam Rotter: Hagelin is tough because he is probably around the cap hit that he should be at for a player of his caliber. Hagelin should probably he somewhere between $2.75 and $3.25 million as a third line penalty killer who can knock in 15-20 goals and get 35-40 points. That said, he is going to get more than that and would easily get more than $4 million as a UFA next summer.
Hagelin is a real important player for the Rangers but he is one of the guys that they can't really afford to overpay on a long-term deal. Hagelin loves being a Ranger and loves being in New York so maybe he cuts them a little slack, but the team will have a very tough time keeping him long-term without making other adjustments to the roster.