Mika Zibanejad has set his price tag.

The New York Rangers center is looking for a new contract worth $5.35 million a year, while the team has offered $4.1 million annually, according to Sportsnet's Elliotte Friedman.

A leg injury limited Zibanejad to 56 games last season, in which he netted 14 goals and 23 assists. It was his first year in New York after he was acquired from the Ottawa Senators last offseason.

The 24-year-old is coming off a two-year pact which carried a $2.625-million annual average value.

The two sides will need to work quickly to put together a new contract, as an arbitration hearing is set for Tuesday.

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