"The Rangers and Brandon Dubinsky went to the last minute last Thursday before reaching an accord for a new, four-year, $16.8 million deal. It seems that if Ryan Callahan is to avoid Thursday's arbitration hearing, it, too, will be with a last-minute deal.

Callahan's agent, Steve Bartlett reported today there has not been much progress between the sides with the clock ticking towards Thursday. Essentially, Bartlett said he has submitted his proposal to the Rangers but added there has not been a lot of back and forth. The sides have exchanged briefs that are needed to prepare for an arbitration hearing. Bartlett said he he is "waiting for some response" regarding his proposal on a new deal for Callahan."