Barring a last-minute contract agreement, the arbitration hearing for Rangers left wing Brandon Dubinsky will go ahead as scheduled this morning at the NHL offices in Toronto.

Dubinsky completed the second year of a two-year, $3.7 million deal – he held out the beginning of training camp in 2009 – by setting career highs with 24 goals and 30 assists in 2010-11.

He probably is in line for a contract in the range of $4 million to $4.5 million. The arbitrator must issue his ruling within 48 hours of today's hearing and the contract can be for one or two seasons.

Right wing Ryan Callahan has an arbitration hearing set for a week from today.

The arbitration hearing for Dubinsky, 25, would mark the first one for the Rangers since they walked away from a $3.9 million, one-year award to Nikolay Zherdev on Aug. 4, 2009.