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.

Mistakenly placed on a late third period power play by coach Peter Laviolette – who still must be dreaming of a White Christmas – Borgen's pass to Breadman Panarin cost New York the game. It was easily intercepted by Cale Makar and – well – you know the rest.

The New York Rangers on Saturday night agreed to terms with veteran defenseman Will Borgen on a five-year contract extension, the club announced, and the new deal will carry a $4.1 million average annual value,

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.

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.