The Rangers are keeping Martin Biron away from free agency.
Biron, who agreed to his new deal with New York on Friday, could have become an unrestricted NHL free agent on Sunday.
The 34-year-old Biron, the backup to Vezina Trophy winner Henrik Lundqvist, was 20-12-2 with a 2.32 goals-against average the past two seasons with New York. He also had a .912 save percentage and two shutouts in 38 games.
The 14-year NHL veteran has played in 500 regular-season games with the Buffalo Sabres, Philadelphia Flyers, New York Islanders and Rangers. He has 228 games, a 2.61 GAA, .a 911 save percentage and 28 shutouts.
Biron was selected 16th overall by Buffalo in the 1995 NHL draft.