One of the more serious mistakes Glen Sather has made in recent years has been to sign Wade Redden. It’s not that Redden is an especially bad player, although he certainly has not lived up to expectations, but it’s his six-year, $39 million contract that hits their salary cap hard, makes him almost impossible to trade, and is really an albatross.
Going forward, Redden, because of that contract, is not going to come close to helping the Rangers. So what can they do about it? Dave from the Blue Seat Blogs recently wrote a great piece discussing the possibility of sending Redden to the minors.
This is part of the reason why sending him to the minors is because buying him out isn’t really a good option.
Most fans realize that Redden won’t be traded, and that the only way the Rangers will get rid of the albatross contract is to either demote him or buy him out. Buying him out leaves the Rangers with a smaller cap hit (anywhere from $2 million to $4 million, depending on the season), but that cap ...
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Article written by Broadway Hockey Daily