Monday, July 12, 2010

Do The Rangers Really Plan On Waiving Redden?

All summer long the buzz has been that the Rangers plan on waiving Wade Redden prior to the start of the NHL season and burying sending him to Hartford. I for one said that I wouldn' t believe the hype until Glen Sather released a statement saying that Redden had been placed on waivers.

I still remain very skeptical that Sather will admit to this mega-mistake, the Redden contract which still has four years, including this one, left at a cap hit of $6.5M per season! However, as the summer has dragged on, I am starting to feel less skeptical of the hype. I still don't think it's likely but I do think it's more possible than at any other time so far in Redden's career as a NYR.

Under contract for the upcoming season the Rangers have the aforementioned Mr. Redden, along with Dan Girardi, Michael Del Zotto, Michal Rozsival, Matt Gilroy and the newly acquired Steve Eminger. Although he has yet to sign a contract, it's expected that Marc Staal, who is currently a RFA will be back logging major minutes on the blue line. On top of this , Ryan McDonagh who signed his first professional contract last week (a 3 year entry-level deal worth $1.3M per season) is in the running along with Russian prospect Pavel Valentenko.

I've been arguing all along that there's no way that the Rangers bury Redden in the minors because he has $25M left on his contract. But, the truth is, if he's going to be on the 3rd defensive pairing, does it really make sense to allow him to continue to eat up $6.5M of your team's cap? This isn't a Donald Brashear situation where Redden goes to Hartford and still counts against the Rangers' salary cap. Brashear's contract is different because it was a contract signed after he was 35 years old which places special limitations on what effect the contract has on the cap even if the player is no longer on the team. Here, Redden could be sent to Hartford and it would immediately clear $6.5M off the cap for this season.

I guess time will tell, keep your fingers crossed Rangers fans!


Image Courtesy of Canada.com

5 comments:

Anonymous said...

I forgot all about some of the depth they have on D! Hope so, Dredden sux

Anonymous said...

dream on Rags fans, your stuck with that bozo lol

Anonymous said...

^ who goes to other teams blogs to troll?

that's pretty sad

Anonymous said...

gotta be a devils or flyers fan...how does that cup feel flyers? i mean, seeing it on tv and all! losers.

Puck Central said...

Nothing like a little rivalry to get the comments flowin LOL