NHL Buyout Period Began June 15th, Who Will Get Cut?

The two-week NHL buyout period began on June 15, and it began with much speculation circulating around the New York Rangers as to some of the big names on their roster. The three main targets seem to be Wade Redden, Michal Rozsival and Aaron Voros; but they are not the only ones who are under the spotlight.

From a Rangers perspective, buying out Redden seems to be unlikely since the buyout punishment would hurt the Rangers long term. Let's take a peek at what Dave from Blueshirt Banter has to say about this:

With the Rangers in dire salary cap straits, the need to alleviate pressure on the cap grows everyday. The biggest cry amongst fans has been to buyout Wade Redden, who's $6.5 million cap hit for the next four seasons is, to put it mildly, atrocious. The thought of buying out Redden is appealing, until you see what it would cost to buy him out. Per CapGeek, it is pricey, and lengthy:

Season Salary Buyout Savings Buyout Cap Hit
2010-2011 $6,500,000 $1,916,667 $4,583,333 $1,916,667
2011-2012 $6,500,000 $1,916,667 $4,583,333 $1,916,667
2012-2013 $6,500,000 $1,916,667 $3,083,333 $3,416,667
2013-2014 $6,500,000 $1,916,667 $3,083,333 $3,416,667
2014-2015 $0 $1,916,667 $-1,916,667 $1,916,667
2015-2016 $0 $1,916,667 $-1,916,667 $1,916,667
2016-2017 $0 $1,916,667 $-1,916,667 $1,916,667
2017-2018 $0 $1,916,667 $-1,916,667 $1,916,667

 

We will also keep you up to date on the Islanders and Devils buyout moves, but don't expect many of those.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation New York

You must be a member of SB Nation New York to participate.

We have our own Community Guidelines at SB Nation New York. You should read them.

Join SB Nation New York

You must be a member of SB Nation New York to participate.

We have our own Community Guidelines at SB Nation New York. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.