Rangers Analysis: What will happen to the Rangers if they don't buyout Redden's contract?
by XLII on Aug 19, 2009 11:02 PM EDT
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PrintI was looking at the Rangers' salary cap chart and, big surprise here, they have a lot of money tied up for a long time. It will be three years before any of the Rangers' major salaries (those over $3 mill) come of the books. Before that time the following Rangers will reach some form of FA:
Higgins
Callahan
Dubinsky (assuming we can retain his services for this year)
Anisimov
Lisin
Staal
Girardi
Gilroy
Sanguinetti
I'm no expert on how much of a raise these guys will expect to receive, but with virtually no cap space and only small contracts set to expire in the next few years, how can the Rangers possibly expect to retain more than a couple of these guys?
I know some fans are wondering if Redden can have some sort of resurrection with Tortorella's system fully implemented, but even if he does, wouldn't it serve the greater good to buyout or bury his contract so that the Rangers could keep this young core of players together? I'm sure I'm not seeing all the angles, but unless Montreal is willing to take on more of our bloated contracts, is there any other alternative to cutting our losses with Redden?
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Wait til that time comes
If Redden sucks it up this season, then we buy him out next season to free up the space. No sense in doing it now when he’s clearly part of the team’s plans, and we’re not really cap-strapped.
Don't group them together
Don’t lump the two years (2010-2011 and 2011-2012) together, it seems a lot less daunting. As presently constituted, they have about 13m in cap space next year, with Staal and Girardi (RFAs) and to a slightly lesser extent Higgins (UFA) the top priorities.
For instance, Brashear comes off the books after 2011, which frees up money for the 2012 season, as does Voros (if he even makes the team) Prospal is most likely a rental, so he’ll free up money for 2011. Lisin is on an effective tryout as well.
In addition to all of that, except for Higgins, everyone you mentioned is an RFA when their current deals expire, so there will not be a huge risk one will run off, as we’ve seen this offseason, offer sheets are very scarce.
They’d probably be able to figure it out without moving Redden or Rozsival. Moving either one should make it much easier though. Moving both is going to be required to make a run at Kovalchuk or Savard though.
If the Rangers don't buy out Redden...
Id say he plays defense for them.
He might, just might, have a good season this year…..
Do what Jerry Hairston do
Redden to the Pack!!
The Rangers will send Redden to Hartford before they buy him out. Plus I really Believe Rosy’s days are numbered. Thats why this team is loading up with young defenseman. In all honesty we need Redden to have a good year. The worse he plays the less likely we can trade him. It would be a miracle if a team even thought of trading for him. So its in our best interest to cheer him on and pray he has some what of a bounce back year. I think he will get at least 10 to 15 more points just because of all the offensive players they have added.
People need to stop being delusional about Redden.
He’s here to stay. Buyouts will cost this team for much longer, and are not economically practical anymore. No one is going to take that contract in a trade, and there is no way he’ll go to the Pack. Please stop being delusional and realize he is here to stay.
Front loaded
Isn’t Redden’s contract front loaded?
If that’s the case it would be easier to swallow dumping him into Hartford or eating the remainder of his contract in a year or two.
I’m no expert on Redden, but he was on my hometown team’s roster for a gazillion years. Redden’s salary is structured as two years $8M, two years $6.5M, two years $5M. Buying out or re-entry waivers are all cap hit-based, but yes, after this season it would be cheaper to dump him in the minors. My question is would he even report?
Redden’s personal life has been up and down the last few years, but he seems to have gotten it together. He’s recently married, has a home in Manhattan, and a ton of money from contracts in Ottawa and New York. He might retire rather than move to Hartford (or if coerced), and since his contract is an under-35, that money would free up instantly like Naslund’s did.
ryanclassic.net
by Ryan Classic on Aug 20, 2009 1:38 AM EDT up reply actions
best/worst case scenario
If redden is playing with the rangers this season, and he plays well, and the rangers arent in the playoff picture… maybe… just maybe some team looking for a defenseman will take him for a throw away pick or some dude they dont want from their minor league system.
for the future it would be an amazing move cause i dont care if he is amazing the rest of his career, i just dont see tying up that much money right now on redden when you got a sure thing in kovalchuk this upcoming offseason.
just imagine Kovalchuk and Gaborik on the same team? Id J in my pants
AAugh!
I’m not in the “dump him now” camp, nor am I a “keep him forever” believer when it comes to Redden.
He was a lousy signing at the time, based on the length and size ($) of the contract and expecting him to fit the Renney system.
Like others, I expect him to do better under Torts system – at least as far as points go. He’ll need to be teamed with a ‘stay-at-home’ partner to make it work – don’t know who that’s going to be, but if they play 2 rookies, it’s not likely to be Rozsival – which might be good, or it could be a disaster. Time will tell.
If he were to be bought out after this season, the cap hit and cost, if my calcs are correct, would be 3.795mm/year for 8 years. (two-thirds of the salary remaining divided by 2 times the number of years remaining). Would a GM (any GM, not just Sather) be willing to tie up that kind of money for 8 years? I mean, if you’d signed Zherdev (almost the same $$) you’d at least get 40 points for your investment. To pay that kind of $$ for a guy to sit on a beach sipping Pina Coladas…….I just don’t see it happening.
i really think were gonna have to just eat it and hope he plays well. i dont think anyone in the front office is ready to buyout such a big contract, and to be honest we kinda need him or were gonna have to use 3 rookie defensemen.
id say the only chance we have of gettin rid of him is if rangers fall short of expectations and out of the playoff picture while redden himself has a phenomimal year, and some team is looking for another veteran d-men for their own playoff run, which i believe someone else allready mentioned. are u laughing at that notion yet, because i am
It’s incredibly tough to manage the salary cap both for the present, immediate future, and “distant” future. I don’t want to get too detailed, but just remember that as people become FAs, the money comes off the books for people you don’t plan on resigning (Prospal, Voros, etc). Plus, with the exception of this year and next, the cap will be going up.
When I’m back from Cali, I’m going to write an incredibly detailed post on this. It will take a long time to write, but I am going to analyze it.
What makes you so sure the cap will go up?
by Rangers Bleed Blue on Aug 21, 2009 1:30 PM EDT up reply actions
Hockey is growing in popularity, the problem is the recession is killing sales. When the recession passes, you will start to see a growth in NHL revenues, which tie directly to the cap.
by Dave Shapiro on Aug 21, 2009 11:44 PM EDT up reply actions
If Rosy plays well
Perhaps the Rangers will be able to trade him instead?
by Rangers Bleed Blue on Aug 21, 2009 1:17 PM EDT reply actions
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