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Rangers buy out Redden’s contract (Update: Gomez too)

Jan 17, 2013, 5:40 PM EDT

Wade Redden Rangers

After years of serving as an incredibly well-paid AHLer, Wade Redden will finally get a shot at redemption for his poor 2009-10 campaign.

The New York Rangers have used one of their compliance buyouts on Wade Redden, which opens the door for him to sign with any team in the NHL, according to ESPN’s Katie Strang.

It initially looked like the Rangers were simply going to ask Redden to sit out the season so that they could buy out his contract over the summer. However, the NHLPA and NHL reached an agreement which opened the door for the Rangers to buy out the deal before the start of the season.

Redden’s $6.5 million annual cap hit will still be charged to New York this season, but they will be spared it for the 2013-14 campaign.

The 35-year-old defenseman has been great for the most part in the minors, but he wasn’t allowed to play in the AHL during the lockout. He also hasn’t participated in an NHL game since April 11, 2010.

Before signing with the New York Rangers, Redden was able to surpass the 35-point mark in eight consecutive seasons and he had gotten at least 40 points in four separate campaigns.

Updated: TSN and ESPN’s Pierre LeBrun reports that Scott Gomez has also been bought out. Gomez came with a $7,357,143 annual cap hit and was signed through 2013-14.

  1. ravenscaps48 - Jan 17, 2013 at 5:47 PM

    League Minimum for Dallas

  2. dabutcha114 - Jan 17, 2013 at 5:50 PM

    So long you over paid Sather scrub!

  3. nygdriveforfive - Jan 17, 2013 at 6:15 PM

    Thank you for your time in Ottawa, Wade. We should have resigned Chara and not you. You are way to slow now to come back, even on a vet min salary, so don’t even think about it. Enjoy the money Sather gave you, and have a nice life.

  4. windmiller4 - Jan 17, 2013 at 6:37 PM

    Both still have some hockey left in them, itll be interesting to see where they go now.

  5. ryanprzy - Jan 17, 2013 at 6:44 PM

    **buy out

    There’s a space between the words. A buyout is a noun, and you can’t use it as a verb. So many people do this, and it drives me crazy!

    • ryanprzy - Jan 17, 2013 at 8:39 PM

      You’re a good man, Mr. Dadoun.

  6. youcallthathockeyblog - Jan 17, 2013 at 6:57 PM

    I think Redden ends up in either Toronto, Philly or Pittsburgh. Gomez I think signs with New Jersey or Vancouver. They(Vancouver) need another decent center and Gomez with a change of scenery I think steps it up a little though he will be lucky to get 2 million a year.

    • desertfan - Jan 17, 2013 at 8:15 PM

      $2m plus $7 = more than Crosby for a half season.

      Good workin the system Scotty!!!

      • valoisjoeybfeld69 - Jan 17, 2013 at 8:29 PM

        Can you do the math and compare over say the next 10 years?

  7. buffalo65 - Jan 18, 2013 at 6:43 AM

    Slather….most overrated gm in hockey. These two are part of the proof.

    • valoisvipers - Jan 18, 2013 at 10:41 AM

      Sather over rated ? He did well in Edmonton and now has the Rangers as near favorites to win the Cup. How exactly is that over rated?

  8. dcbear90 - Jan 18, 2013 at 2:39 PM

    Signing with the Blues for $800k

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