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Buyout Options For The New York Rangers

from Larry Brooks of the New York Post,

The initial buyout period of June 15-30 opens Saturday. There is a second, shorter window later in the summer for clubs with salary arbitration filings.

“In all honesty, we haven’t ruled it out,” general manager Jeff Gorton told The Post on Tuesday when asked if the club intends to go that route. “It’s on the table. And regardless of what we do with this buyout window, we’d certainly look at the second one, too, depending on what comes up over the next few weeks. A lot can happen.”

Brendan Smith is the prime candidate for a buyout. The club’s 30-year-old hybrid 12th forward/seventh defenseman has two years remaining on his deal for an NHL cap hit of $4.35 million per season. A buyout would save the Rangers just over $3.379 million of space this season and $1.204 million next year, but would create approximately $1.146 million of dead space for the following two years.

Kevin Shattenkirk, with two years remaining at an annual $6.65 million cap hit, is also a buyout possibility, but though there would be a savings of nearly $5.167 million this year, that would be reduced to $567,000 next season.

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Comments

TreKronor's avatar

Brendan Smith is the prime candidate for a buyout. The club’s 30-year-old hybrid 12th forward/seventh defenseman has two years remaining on his deal for an NHL cap hit of $4.35 million per season.

I still smirk when I remember what the Rangers gave for him FOLLOWED BY this contract.

Posted by TreKronor on 06/12/19 at 02:08 PM ET

ilovehomers's avatar

Ken Holland, Master Negotiator

Posted by ilovehomers on 06/12/19 at 06:00 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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