Skip to content

What will the Rangers do with Wade Redden?

Jan 10, 2013, 10:47 AM EST

Wade Redden Rangers

New York Rangers defenseman Wade Redden has two years remaining on his six-year, $39 million deal — a $6.5 million cap hit annually.

The problem, of course, is that Redden hasn’t played for the Rangers in two years.

Instead, he’s been banished to the AHL, where — under the previous collective bargaining agreement — New York was able to retain him while also getting his cap hit off the books.

But under the new CBA, the ol’ “stick ‘em in Connecticut!” cap circumvention play is out. Gone. Done. Never coming back.

TSN’s Bob McKenzie explains the Rangers now have three options for Redden moving forward, none of which are very appealing:

1) Stick him in the AHL and wait

The Rangers could continue letting Redden play for Connecticut, getting a minor cap hit haircut in the process:

Tere’s a provision in the new CBA that doesn’t allow the hiding of NHL contracts in the minors, save the first $900,000. 

[One plan] would be to send Redden to the AHL, absorb his $5 million-plus cap hit this season, which they have room for because teams can spend to $70M this season, and then use a compliance buyout this summer to erase the problem for next season.

The scary part here, of course, is if Redden gets hurt playing for the Whale. Teams can’t buy out injured players.

2) Trade him

The only way to eliminate the $6.5 million cap hit entirely would be to flip Redden to another club. That club, of course, would need to have both the available cap space and willingness to pay a guy that may go straight to the minors.

Since no team will likely offer this out of the goodness of its heart, it’s safe to assume the Rangers would have to pay a pretty penny just to get rid of Redden (with draft picks, or prospects.)

Would they want to do that with the compliance buyout just around the corner?

Note: The Rangers could, as has been pointed out in the comments section, try to move Redden by retaining a share of his salary/cap hit, one of the new wrinkles in the CBA. The Rangers could absorb up to 50 percent, but would be on the hook for two years.

3) Park him

From McKenzie:

The only other option for the Rangers is to take Redden’s cap hit this season but not play him. Not in New York. Not in the AHL. Not anywhere.

Put him in bubble wrap, cold storage and call it a year. Make sure his cheques show up on time and wait for the compliance buyout period this summer and cut all ties.

The NHLPA is expected to ratify the new CBA on Saturday and camps are set to open Sunday. The Rangers don’t have a ton of time to figure this out, but you can guess what the most likely option will be.

Latest Posts
  1. Sabres coach blasts Habs’ Emelin over head hit to Gionta

    Nov 29, 2014, 12:58 AM EST

    Emelin hit

    Buffalo scored the game-winner during the ensuing power play.

  2. Tarasenko’s OT goal hands Oilers ninth straight loss

    Nov 28, 2014, 11:59 PM EST

    Vladimir Tarasenko, Alex Pietrangelo AP

    Alex Pietrangelo had 10 shots on goal, which was almost as much as Edmonton.

  3. Coach MacLean tired of excuses, wants to see Senators compete

    Nov 28, 2014, 11:37 PM EST

    Paul MacLean AP

    Ottawa has a rough schedule ahead of it.

  4. Zajac, Henrique hurt as Devils blow 4-1 lead vs. Detroit

    Nov 28, 2014, 11:07 PM EST

    Adam Henrique, Niklas Kronwall, Johan Franzen AP

    The Red Wings have now won three straight contests.

  5. Miller’s second straight shutout puts Canucks in NHL lead

    Nov 28, 2014, 10:11 PM EST

    Scott Hartnell, Ryan Miller, Ryan Stanton, Luca Sbisa AP

    They’ve moved past their disappointing 2013-14 campaign.

  6. ‘Canes extend Penguins’ woes vs. Metro opponents

    Nov 28, 2014, 9:48 PM EST

    Jiri Tlusty , Patrick Dwyer, Michael Liles, Olli Maatta AP

    Pittsburgh has been dominant outside of its division.

  7. Jagr claims sole possession of sixth place on all-time goals list

    Nov 28, 2014, 9:00 PM EST

    Jaromir Jagr, Damon Severson, Andy Greene, Adam Henrique AP

    He’s also approaching fifth place on the points leaderboard.

  8. Video: Ennis fires behind his back while falling, scores

    Nov 28, 2014, 8:02 PM EST

    Ennis goal

    You don’t see many goals that look like this.

  9. Islanders lose Visnovsky to upper-body injury

    Nov 28, 2014, 7:27 PM EST

    Lubomir Visnovsky Getty Images

    That’s on top of Johnny Boychuk’s injury.

  10. Depleted Ducks can’t stop Blackhawks

    Nov 28, 2014, 6:58 PM EST

    Bryan Bickell, Frederik Andersen AP

    “We just didn’t execute tonight.”

  11. Video: Palmieri booted over ugly hit to Oduya

    Nov 28, 2014, 6:10 PM EST

    Kyle Palmieri Getty Images

    The Blackhawks defenseman was able to stay in the game.

  12. Video: Unhappy Hextall says ‘there’s no short-term fixes here’

    Nov 28, 2014, 5:18 PM EST

    Flyers Draft Hockey AP

    He was quite composed when he said it, for the record.

  13. Video: Hjalmarsson crushes Kesler, Lindholm scores in wild sequence (Updated)

    Nov 28, 2014, 5:03 PM EST

    Arizona Coyotes v Anaheim Ducks Getty Images

    Anaheim forward didn’t take another shift for the remainder of the opening frame.

  14. Trade: Ducks get Brewer from Lightning; Beauchemin out 4-6 weeks

    Nov 28, 2014, 4:54 PM EST

    David Clarkson, Eric Brewer AP

    Veteran d-man wasn’t playing much for Tampa Bay.

  15. Hall went to MacT in support of Eakins

    Nov 28, 2014, 4:15 PM EST

    Montreal Canadiens v Edmonton Oilers Getty Images

    Oilers looked better last night in Nashville.

  16. The Coyotes would ‘love a franchise player,’ but tanking is not in their ‘DNA’

    Nov 28, 2014, 4:00 PM EST

    Don Maloney Getty Images

    “Just that idea destroys the whole credibility of an organization.”

  17. Bye-bye Berra? Avs to stick with Pickard in goal

    Nov 28, 2014, 3:41 PM EST

    Colorado Avalanche v Arizona Coyotes Getty Images

    Even after Semyon Varlamov returns from injury.

Featured video

Eakins on his way out of Edmonton?

Sign up for Fantasy hockey

Top 10 NHL Player Searches
  1. V. Hedman (2593)
  2. S. Crosby (2546)
  3. P. Datsyuk (2139)
  4. B. Elliott (1988)
  5. D. Krejci (1973)
  1. P. Sharp (1911)
  2. R. McDonagh (1674)
  3. S. Varlamov (1643)
  4. Z. Chara (1640)
  5. M. Green (1620)