The Rangers avoided a July 24 salary arbitration hearing with Lundqvist by agreeing to terms on a one-year deal with the 25-year-old, Olympic-champion goaltender.
Lundqvist made $817,000 last season when his 37 wins were the most in a single season in franchise history other than the 42 by Mike Richter during the 1993-94 championship season. His 67 wins over his first two seasons are the most in Rangers history.
The two-time Vezina Trophy finalist will be in line for a long-term contract next year that will impact the 2008-09 cap instead of this season. If New York signs Lundqvist to another one-year deal in 2008, they run the risk of losing him to unrestricted free agency in the summer of 2009.
Goligoski, an all-America standout at the University of Minnesota and a member of the U.S. world junior team, agreed to terms with the Penguins, who drafted him 61st overall in 2004. Goligoski, 21, has amassed 98 points including 25 goals in 117 college games. The five-foot-11 Minnesotan was named WCHA defenceman of the year last season.
Other signings Wednesday:
-The Los Angeles Kings re-signed defenceman Lubomir Visnovsky to a five-year extension with the Kings. Visnovsky, 31, had a career-high 18 goals and 40 assists last season. The five-foot-10, 188-pounder was selected by Los Angeles in the fourth round, 118th overall, in the 2000 NHL entry draft.
-Defenceman Dennis Wideman agreed to terms with Boston. The native of Kitchener, Ont., was acquired from St. Louis for Brad Boyes last February and had one goal and two assists in 20 games with the Bruins.
-Left-winger Eric Boulton, a six-year veteran from Halifax who scored three goals with assisted on four in 45 games with Atlanta last season, is staying with Atlanta.
-Goaltender Simeon Varlamov, selected 23rd overall by Washington last year, signed a three-year, entry-level contract with the Capitals. The 19-year-old was 15-7-6 with a 2.12 goals-against average in the Russian Super League last season.
-The Columbus Blue Jackets signed centre Derek MacKenzie of Sudbury, Ont., and defenceman Dan Smith of Fernie, B.C., to two-way, NHL-AHL contracts. Both played most of their games in the AHL last season.
-The Minnesota Wild re-signed backup goalie Josh Harding to a multi-year deal on Wednesday. The 23-year-old Harding was 3-2-1 with a 1.16 goals-against average and a .960 save percentage in seven games last season.