Skip to content

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.

Latest Posts
  1. Looking to make the leap: Simon Despres

    Aug 21, 2014, 10:01 AM EDT

    Simon Despres Getty Images

    The 23-year-old defenseman may get a real shot this season.

  2. Tanguay helped sell Iginla on Colorado

    Aug 21, 2014, 9:00 AM EDT

    Alex Tanguay Getty Images

    They were teammates in Calgary for two seasons.

  3. It’s Pittsburgh Penguins Day at PHT

    Aug 21, 2014, 8:00 AM EDT

    Evgeni Malkin, Sidney Crosby Getty Images

    The pressure is on Sid and Geno now after a summer of change.

  4. Sens GM says they’re ‘definitely going to try to keep’ Bobby Ryan

    Aug 20, 2014, 10:00 PM EDT

    Craig Anderson, Kyle Turris, Bobby Ryan, Patrick Wiercioch AP

    He can be an unrestricted free agent next summer.

  5. ‘Canes GM Francis says Semin will be ready for training camp

    Aug 20, 2014, 9:02 PM EDT

    Ron Francis Getty Images

    Recovery from offseason wrist surgery put things in doubt.

  6. Poll: Who will replace Hartnell on Philly’s first line?

    Aug 20, 2014, 6:45 PM EDT

    Brayden Schenn Getty Images

    Giroux and Voracek will need someone new to run with them.

  7. Captain no more: Sharks strip Thornton of ‘C’

    Aug 20, 2014, 5:46 PM EDT

    Joe Thornton Getty Images

    Patrick Marleau can coach him through it.

  8. Tank defense: NHL changes up Draft Lottery format

    Aug 20, 2014, 3:59 PM EDT

    Bill Daly lottery Getty Images

    It’s not as good to be the worst anymore.

  9. Under Pressure: Steve Mason

    Aug 20, 2014, 1:55 PM EDT

    stevemasongetty Getty Images

    How will he handle the weight of expectation?

  10. After ‘humbling summer,’ Del Zotto aims to bolster Flyers’ D

    Aug 20, 2014, 12:23 PM EDT

    Michael Del Zotto Getty Images

    “I’m confident in myself and confident I can get back to where I used to be.”

  11. Rangers win Kevin Hayes sweepstakes

    Aug 20, 2014, 11:18 AM EDT

    Kevin Hayes Getty Images

    He’ll be reunited with former Boston College teammate Chris Kreider in New York.

  12. Looking to make the leap: Shayne Gostisbehere

    Aug 20, 2014, 11:05 AM EDT

    Shayne Gostisbehere Getty Images

    The college star could push to make Philly’s blue line right away.

  13. NHL concussion lawsuits to be consolidated

    Aug 20, 2014, 10:01 AM EDT

    Gary Bettman, Bill Daly AP

    And assigned to a U.S. District Judge in Minnesota.

  14. It’s Philadelphia Flyers Day at PHT

    Aug 20, 2014, 8:00 AM EDT

    Jakub Voracek,  Vincent Lecavalier , Claude Giroux AP

    They hope to improve on their first round loss to the Rangers.

Top 10 NHL Player Searches