Brassard will receive a five-year deal, avoiding arbitration.
No financial terms were disclosed, but ESPN.com reports that Brassard gets $25 million over the course of the deal and will receive a limited no-trade clause.
The 26-year-old Brassard set a career-high last season with 18 goals and added 27 assists in 81 games. He had 12 points in 23 playoffs games, helping the Rangers reach the Stanley Cup Final, where they lost in five games to the Los Angeles Kings.
- Scooby Axson