Let's say you are Jon Daniels. Milton Bradley's agent calls you and says, "Milton loves playing here, and we'd like to talk about a contract extension. Milton would like to get this resolved this week, to eliminate uncertainty and distractions the rest of the way, so we'd like to get something done by Friday, or else put off any negotiations until after the end of the season."
You've got authority from Hicks and Ryan to negotiate whatever deal you think would be best for the Rangers with Bradley.
What is your last, best offer, in terms of a contract extension for Bradley, that you put at the table at 4:55 p.m. on Friday?