The Post has learned from an impeccable source that while McPhee has, and has had, the offer of a contract extension in front of him for quite some time, and has generally reached an agreement in principle on the offer, he has not signed it. Thus, at least as of today, McPhee is not under contract for next season to the Capitals.
Thus, McPhee is now not only a candidate, but a leading candidate, to assume command of the Rangers once his current contract expires on June 30, six days after the Entry Draft in which the Blueshirts have neither a first- nor third-round pick.
According to one well-placed individual who spoke to The Post yesterday on condition of anonymity, McPhee is content in Washington; extremely comfortable with his relationships with Capital owner Ted Leonsis, the front office personnel, and with coach Ron Wilson. But, this source said, McPhee at the same time is drawn to the concept of coming to New York, where he played 109 games for the Rangers over the course of five seasons from 1982 through 1987.
A second source, somewhat further removed from the situation, told The Post yesterday that McPhee indeed wants the job at the Garden.