Update, 3:56 p.m.:
James Mirtle of the Toronto Globe and Mail tweets...
"Looking at the Rangers' salary situation, it seems all but inevitable Wade Redden is headed to the minors."
Original Post:
Yesterday in the aftermath of the Alexander Frolov signing, I stated that the Rangers didn't necessarily need to send Wade Redden down to Hartford to open up enough cap space to sign Marc Staal at $4.5 million per and get under the salary cap to start the season.
One scenario I mentioned was sending MZA ($1.75 million) and Gilroy ($1.75 million) to Hartford.
However, I received an e-mail today from Aaron Tarnow of Play Petr Prucha (love the name!) stating I was wrong...
"I just wanted to help clarify something about the cap situation, after your post yesterday about signing Frolov. You mentioned that a reader pointed out that we could still sign Staal at $4.5m and keep Redden around, by dumping MZA and Gilroy. The logic was that we still have $1.4m of space, so we only need to free up $3.1 to afford Staal at $4.5. Gilroy at $1.75 + MZA at $1.75 = $3.5, which is enough. However, this doesn't actually work out. We only have that $1.4m free because of the performance bonus cushion - we have $2.2m in performance bonuses. MZA's $1.75m hit is actually $850,000 in bonuses and $900,000 in salary. So, dumping him will only save us $900,000 more - the other $850,000 is already part of the bonus cushion, and doesn't free up any more room under the cap. Dumping MZA and Gilroy saves us $2.65m, which would give us enough room to sign Staal at more like $4m, but not at $4.5."
For more analysis from Andrew click here.
...so what you're saying is the Rangers WILL have to dump Redden to re-sign Staal and get them under the cap? Glad I was wrong.
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25 comments:
bye bye wade.
As Rangers fans... we still cannot rejoice until Staal is signed and Wade is waived.
I am, however, happy that it appears even more likely that Wade's time looks to be nearing a close and he can play out his days in the Bus League
I dont get why anyone would even entertain the option of send MZA to Hartford before ever even seeing him play ! game. People should think b4 they type I swear!
whats the chance they can unload Brashear and/or redden onto the Islanders so they can make the floor
No way Isles are helping the Rangers out by taking Brash.
LTP, you can entertain the option b/c there is no spot for him right now. See my lineup in comments section of my last post.
Who do you honestly think Torts is going to sit? Avery? Drury?
Only way he's in the opening night roster is if injury or Drury is centering fourth line.
And even then he'll have to beat out Grachev or Stepan.
Does anyone really beleive that the Rangers will eat $26 million in salary by waiving Redden? Or pay him that much to play in Hartford?
Awesome. So awesome.
Your team is nothing but a bunch of crying little 13-year old girls, who is run by a pedophile who uses the name Glen Sather so people won't think he is a pedophile. BOOM.
@ Garth Snow
it is pretty sad that you actually took the time to type your comment. I hope you feel satisfied that you have insulted... NO ONE! GTFO
More on the topic:
See ya Wadeee
Dolan will eat it...he has no choice really, he is paying the guy anyway and just think maybe just maybe if redden was sent down near the end of last season we wouldnt have missed the playoffs, it only would have taken us a net of one win and i know he cost us way more than the one game we needed...dolan is losing more money on missed revenue and sales from playoff games with redden on the team...if losing redden for the rest of his contract means a better shot at the playoffs each of the next few years and the revenue and ticket price increases that it brings with it i think dolan would gladly eat his pay.
kevin - avery on 4th line is much more likely than drury
at end of yr torts talked about problems in locker room. i don't think he meant just redden. i also think he meant avery
The way I see it, even if you guys dump Redden(Absolute necessity), and sign stall, regardless of the Frolov signing, you guys are condemned to failure until they fire that moron running your team in Glen Sather. He has done absolutely nothing for your team and deals such as Reddens' exemplify that, as well as losing Gomez when you aquired Gaborik, solved one problem and made another.
You know your blog is doing well when all the devils and islander fans start slobbering on the comments section.
On the topic: They don't have to get rid of Redden. This might be a way to actually force Staal to take less money, by telling him they only have 4mil to work with. He has no leverage unless he wants to not play this year. If someone does send him an offer of more that 4 mil, that is when the lights might be getting dimmer for Redden. That would force Glenn's hand. I don't think they are sending him down, or planned to. They are giving him a chance. They would have picked up a center for his 5mil if they knew he was going to be sent down. Doesn't seem like they are sending him down. This might piss Staal off thou if this was just a tactical maneuver. Glenn has plenty to screw up. Keep your fingers crossed.
I apologize for coming in and being rude, in retrospect I don't have respect for anyone who does that on the Devils blogs. That said, it is still my opinion that Glen is not a good GM and has not done anything good for your team, not only on the ice but coaching as well. A player of Staals potential should be developed into a much more consistant and reliable defensive anchoring your back end. As a general fan of hockey that's how i feel regardless of my bias of the rangers. As for redden, not only did the deal backfire majorly(a close first for wost deal with the 5 mil a year we give to rolston to miss the net) in salary and level of play, but he's no good in the locker room. He doesn't perform and is being payed way too much, save the time and let some younger guys take those minutes for the experience considering its very unlikely that the Rangers will be a cup contender. The cap space could be used to fill a defensive or offensive void in the team.
Which way is Hartford, exactly?
Hang on there Wade ill give you a ride and ill be extremely pleased to do so.
@devilsfan you don't have to tell us our gm is an idiot, we know this already and have well before the gomez rosi drury and redden contracts those are just the more recent ones. And you can't say the dumping of the gomez contract was a bad move and signing gaborik was an equally as bad one after him having tied a career high in goals and setting a career high in points. And to say staal hasn't be brought up the right way is nonsense, he is hands down considered one of the best defenseman in the nhl. I'm open to any fan of anyteam sharing there opinion but not when you have no idea about what your talking about.
As long as the comments are constructive I'll take comments from a Islnaders, Devils, Flyers (well maybe not Flyers) anyone.
Slap in the face (n.) - Telling the best defenseman on your team that you have to pay him $500,000 less because you need to keep paying the worst defenseman on your team 2 and a half million more than that.
Marc Staal is one of the best defensemen in the NHL? Not yet my friend. Would I be correct in assuming that you Rangers fans think Mark Streit sucks? Because HE is one of the best defenseman in the NHL. That being said, wouldn't mind having Marc Staal in an Islanders uniform if Sather screws this up.
@Robert. I believe you are misunderstanding my Gomez/Gaborik comment. Getting Gaborik was one of the best moves the club has made in years, it was the fact that you aquired a scorer but traded the man who would draw defenders and could then pass him the puck, that's what I ment. No bashing on Gaborik he's a great player when he's healthy. As for staal, I watch a lot a lot of hockey and in my opinion Mark has been the slowest in developement among the family, in my opinion it is his teachings in new york that have led to the slow development
@CmelsDevilsfan said...
I understood what you were saying. It is kind of funny (funny meaning sad) that we only got a real goal scorer after our would-be play-maker was gone.
Things are looking up though . . .
atarnow - amts earned by ufas and rfas are 2 different stories entirely. in fact when an rfa has arb rights the amts earned by ufas are not admissable in those discussions.
rozy is not one of 2 worst dmen on team. and real salary this yr is 4 mm and 3 mm the following yr so he'll likely be getting less than staal (our best dmen) in real cash. cap hit is 5 mm.
agree on redden although he won't be on rangers this yr but rather the ahl.
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