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Alexis Lafrenière and the New York Rangers have agreed to a seven-year, $52.15 million extension, per USA Today's Vince Z. Mercogliano.
The reported deal will keep the No. 1 pick of the 2020 NHL draft in New York through his age-30 season in 2031-32.
Lafrenière was previously set to become a restricted free agent following the July expiration of his two-year bridge deal.
The 23-year-old winger recorded a career-high 28 goals and 57 points in 82 games for the Rangers last season.
This article will be updated soon to provide more information and analysis.