New York Rangers To Sign 2008 2nd-Rounder Derek Stepan

According to Larry Brooks of The New York Post, the New York Rangers have agreed to terms with 2008 second-round pick Derek Stepan.

Stepan, who played two years at Wisconsin, helping the team reach this year's Frozen Four, reportedly agreed to a three-year, entry-level contract worth $875,000 base salary cap. However, as per the NHL's collective-bargaining agreement, the deal cannot be registered with the league until July 1.

The now-former Wisconsin Badger burst onto the scene at this year's World Junior Championships in Saskatoon, Saskatchewan. The Team USA captain led all tournament scorers with four goals and 10 assists in seven games. The team also featured a pair of Rangers' 2009 draft picks Chris Kreider (first round, 19th overall) and Ryan Bourque (third round, 80th overall).

The Rangers selected Stepan with the 51st overall selection in the 2008 NHL Entry Draft. He was ranked 44th on the Hockey's Future Top 50 NHL Prospects list, released this past March.

The young forward, who is 10 days shy of 20 years old, was expected to attend the Rangers' prospect camp in the first week of July, along with fellow Badger defenseman Ryan McDonaugh, whom the team acquired as part of a trade with the Montreal Canadiens last summer.

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