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

Gavrikov, 29, signed a contract for $49 million over 7 years with the New York Rangers on Tuesday, leaving the Kings with a gaping hole in their defense corps above the one left by the trade of Jordan Spence to the Ottawa Senators for draft picks last Saturday.

Vladislav Gavrikov signed a seven-year, $49 million contract with the New York Rangers on Tuesday. It has an average annual value of $7 million.