The New York Rangers are in advanced contract talks to make former Pittsburgh Penguins coach Mike Sullivan the next head coach, sources told ESPN's Emily Kaplan and Kevin Weekes on Thursday.

The New York Rangers are in "advanced contract talks" to hire Mike Sullivan as the franchise's 38th head coach, ESPN's Emily Kaplan and Kevin Weekes reported Thursday. The Rangers are expected to offer Sullivan "one of the richest coaching contracts in NHL history," according to Kaplan and Weekes.

Mike Sullivan, who led the Pittsburgh Penguins to back-to-back Stanley Cup titles in the 2015-16 and 2016-17 seasons, is deep into contract negotiations to become the next head coach of the New York Rangers,