The New York Rangers made a substantial financial commitment, giving defenseman Vladislav Gavrikov a seven-year, $49 million contract.

There was widespread belief that the New York Rangers would sign Vladislav Gavrikov, but the contract looks like a steal.

The New York Rangers made two big moves on defense as they signed lefty Vladislav Gavrikov, and traded lefty K’Andre Miller to the Carolina Hurricanes in exchange for defense prospect Scott Morrow, a first-round pick and a second-round pick.