Alexis Lafrenière and the New York Rangers have reached an agreement on a seven-year contract extension valued at $52.15 million, as reported by Moneyline. This deal secures the No. 1 overall pick from the 2020 NHL Draft through the 2031-32 season, when Lafrenière will be 30 years old.

Prior to the extension, Lafrenière was poised to enter restricted free agency following the conclusion of his two-year bridge deal in July. The 23-year-old winger had a notable performance last season, setting a career high with 28 goals and accumulating 57 points across 82 games for the Rangers.

Further insights and analysis on this development will be provided as more information becomes available. For additional coverage from Moneyline and updates on related sports topics, readers may refer to the Moneyline website and associated social media platforms.