Complex sentence: On 4 December 2013, Lundqvist signed a seven-year, $59.5 million contract extension with the Rangers, making Lundqvist the highest-paid goaltender in the NHL with an average annual cap hit of $8.5 million.
Split into simpler sentences: On 4 December 2013, Lundqvist signed a seven-year, $59.5 million contract extension with the Ranger. This contract extension makes Lundqvist the highest-paid goaltender in the NHL with an average annual cap hit of $8.5 million.