NEW YORK -- Though the Rangers continue to explore the trade market for captain Ryan Callahan, there remains time for the sides to reach an agreement on a contract extension for the 28-year-old winger, and there is expected to be continued dialogue between Callahan's camp and the club before the upcoming Olympic roster freeze hits on Friday.
The sides have yet to reach an agreement on a contract extension, with Callahan reportedly seeking a seven-year deal worth $42 million and the Rangers balking at the term. Multiple outlets, including ESPN, previously reported that the Rangers made Callahan a five-year offer worth $30 million.
"I'm going to circle back with the Rangers this week," Callahan's agent Steve Bartlett told ESPNNewYork.com when reached by phone Monday morning.
The league was abuzz last week about the possibility of Callahan being dealt, but the speculation has simmered down in recent days.
Though Bartlett has fielded calls from multiple teams, the sense is that many of those calls are to gauge just how seriously the Rangers are about trading their emotional leader.
In terms of recent developments since Friday's stunner -- when it was revealed that the Rangers had granted permission to multiple teams to speak with Callahan's agent -- Bartlett indicated there wasn't much in the way of substantive discussions.
"Nothing in the last couple of days," he said.
Bartlett said he plans to touch base with his client Tuesday, though he has tried to minimize the distraction for Callahan with the Rangers heading into their last week of games before the Olympic break.
Callahan will compete for the U.S. team in this month's Sochi Games.
"He doesn't want to be drawn into the business side of it," Bartlett said.
Indeed, Callahan has declined to discuss the negotiations up to this point. Asked Saturday about the recent developments, he said he didn't think it was "productive" to the process to speak publicly on the matter.
The Rangers have three games left before the NHLers head to Sochi, but it does not appear that the team will take any extra precaution in protecting Callahan as an asset before he competes in the Olympics by holding him out of games.
Asked whether Callahan will be in the lineup Tuesday, when the Rangers host the Colorado Avalanche at Madison Square Garden, coach Alain Vigneault responded: "I expect him to be."