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The New York Rangers signed defenseman Braden Schneider to a one-year, $5.5 million contract on Monday, settling with their restricted free agent two weeks before his July 29 arbitration hearing. Per Pro Hockey Rumors, the deal is entirely salary with no signing bonus.

Schneider, 24, had filed for arbitration on July 5 after his two-year deal carrying a $2.2 million cap hit expired. The settlement more than doubles that number, and the case for the raise was built on usage as much as production: he set an NHL career high averaging 20:27 of ice time across all 82 games last season, led the Rangers with 140 blocked shots and ranked third on the team with 163 hits, per NHL.com. The offense remains modest — 18 points, on two goals and 16 assists — but New York wasn’t paying for point totals. It was paying for a right-shot defenseman who absorbed top-four minutes on a blue line that spent the year in transition.

The one-year term cuts both ways. For the Rangers, it keeps a cap-strapped roster flexible after a summer in which Chris Drury traded Vincent Trocheck to Utah and committed seven years and $77 million to Pavel Dorofeyev. For Schneider, it’s a bet on himself: he’ll be a restricted free agent again next July, and a season of second-pair minutes at a $5.5 million valuation gives him a higher floor to negotiate from — or a bigger arbitration case if it comes to that again. The short deal defers the real question, which is whether Schneider’s next contract is the long-term one that locks him into the core.

With Schneider signed, the Rangers’ arbitration docket is clear, and the projected opening-night defense corps is under contract. The remaining offseason business is at the margins — depth forwards and the final roster spot battles that sort themselves out in September.

For fantasy purposes, Schneider is a category specialist: 140 blocks and 163 hits make him a legitimate asset in banger leagues, while the 18-point ceiling keeps him off standard-league radars. Nothing about the contract changes his deployment — expect second-pair minutes and little power-play time, which caps the upside but keeps the peripheral floor steady.

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