The defenseman, who was traded to the Rangers in December for Kaapo Kakko, signed a five-year, $20.5 million contract extension on Saturday.

Will Borgen signed a five-year, $20.5 million contract with the New York Rangers on Saturday. It has an average annual value of $4.1 million and begins next season. The 28-year-old defenseman is in the final season of a two-year contract he signed with the Seattle Kraken on July 7, 2023, and could have been a restricted free agent after the season.

Will Borgen was acquired from Seattle on Dec. 18 for Kaapo Kakko and has been a steady presence in 17 games with the Rangers while averaging 18:35 of ice time.

On Saturday morning, head coach Peter Laviolette praised Will Borgen’s impact on the Rangers. Later on Saturday, The Post confirmed the defenseman had agreed to a five-year, $20.5 million contract extension. Borgen’s size and physicality have helped the team’s defense improve this month, which has led to their stark season turnaround.

New York Rangers President and General Manager Chris Drury announced today that the team has agreed to terms with defenseman Will Borgen on a five-year contract extension. Borgen, 28, has registered three points (1G-2A) in 17 games for the Rangers since being acquired from the Seattle Kraken on Dec.

Will Borgen is set to call Broadway home for the next five years. The New York Rangers announced Saturday that they have agreed to a five-year extension with the 28-year-old right-shot defenceman. Sportsnet's Elliotte Friedman reported that the deal carries an average annual value of $4.1 million.