Confirmed Buy-Out [NYR] Rangers have bought out Henrik Lundqvist

[SRHRangers]

Rangers don't have a need for Hall or Pietroangelo.

Think this is a bad idea. Just let him be the backup and eat the money for one season and deal Georgie.

 

[AveryStar4Eva]

Rangers and dead cap name a more iconic duo

 

[5cotland]

Rangers probably signing Hall or Pietrangelo?

Definitely not.

LW and RHD are our strongest positions. They would be a huge waste of cap space.

 

[Fatass]

what is the deal with Canucks fans having JV having so much value?

Is this idea showing Virtanen has value, or is it helping the Rangers to not have to buy out Lindqvist?

 

[Avs44]

Is there much cap savings from this? I don’t think so. I’m pretty sure this is what Henrik wanted and that’s it.

Doubt he wants it to go like this...moreso that the Rangers don’t want a three headed goalie monster next year (in which Lundqvist is awkwardly scratched), and nobody Hank was willing to waive to wanted him or that contract.

 

[LionsHeart]

I really hope Hank signs with a team where he can have a shot at a cup. He deserves it.

Also, there’s no way they sign Hall or Pietrangelo. They have a ton of dead cap next season, have to resign their RFA’s, and LW and RHD are positions the Rangers are fairly set at.

 

[Stuzchuk]

Interesting buyout

It's 5.5 year one, 1.5 year two

So they save 3 million this season

probably wasnt will to move his NMC and stated this year that he couldnt see himself anywhere else than Manhattan... most likely why NYR decided to opt with this scenario

 

[Empoleon8771]

I still don't get why they won't just trade Georgiyev for value and run with Shestyorkin-Lundqvist for next year.

Edit: my bad, didn't realize Shesty was expansion exempt.

 

[FreeMcdavid]

Nothing worse than when a legend gets pushed out into a curb by the franchise he spent years making relevant.

They owed it to him to let him retire a Ranger

 

[ViD]

no,
(1) not contending soon, (2) already have Panarin/Trouba/Kreider contracts,
(3) will rise >$10M dead Cap if buy out Hank, (4) gotta resign Zib in a couple and
(5) have 4 key RFAs and a key UFA, and (6) the multiple high firsts may earn bonuses which impact Cap

If you’re not planning on contending with your current team plus Laf, there’s something wrong in NYR

 

[boredmale]

Definitely not.

LW and RHD are our strongest positions. They would be a huge waste of cap space.

I would agree with Hall, but in the case of Pietrangelo you trade somebody to make it work

 

[GAGLine]

I really hope NYR stays clear of Hall... they are building something unbelievable but I feel Halls next deal will handcuff the team by about year 3 and it will be a very regrettable signing

Even with the Hank buyout, we don't have the cap space to sign Hall. If we bring in any significant players, it's likely to be through trade.

 

[Langdon Alger]

Not sure if Hank would want to play for another team. He clearly loved being a Ranger. Then again, Brodeur played for St.Louis after many years in New Jersey, so I guess it’s possible.

 

[Peter Griffin]

what is the deal with Canucks fans having JV having so much value?

“So much value”? Benning should be shot if he traded Virtanen for 38 year old Lundqvist at $5.5M cap hit.

That said, the two aren’t connected at all.

 

[GAGLine]

Is there much cap savings from this? I don’t think so. I’m pretty sure this is what Henrik wanted and that’s it.

3 mil savings, minus the cost of his replacement. So 1.5 to 2 mil, likely. That's another player or two, potentially.

 

[JT Kreider]

Rangers don't have a need for Hall or Pietroangelo.

Think this is a bad idea. Just let him be the backup and eat the money for one season and deal Georgie.

Trading Georgiev for a crap return just to keep an $8.5 million BACKUP is a terrible idea.

 

[SingnBluesOnBroadway]

Rangers and dead cap name a more iconic duo

Avery and the Stars?

 

[HabsWhiteKnightLOL]

Lundqvist is going to be bought out.

Tbh it's kinda crazy that they couldn't trade him. His buyout penalty is UGLY. They're paying like $11 million between Shattenkirk and Lundqvist for buyouts this year.

Karma for playing easy difficulty in be a GM with the NYR

 

[Stuzchuk]

I still don't get why they won't just trade Georgiyev for value and run with Shestyorkin-Lundqvist for next year.

You're going to have to trade Georgiyev eventually unless you want him taken in the expansion draft.

Maybe a CBA guru can correct me on that one but isnt Shestyorkin exempted from the ED due to his age/contract status?

 

[TheBloodyNine]

If you’re saying the names Hall and Pietrangelo in this thread you are dumb. The Rangers don’t need another LW or a RD.

 

[GAGLine]

I still don't get why they won't just trade Georgiyev for value and run with Shestyorkin-Lundqvist for next year.

You're going to have to trade Georgiyev eventually unless you want him taken in the expansion draft.

For the billionth time, we can protect Georgiev. We have no other goalies who require protection. We actually have to sign one to expose.

Buying out Hank doesn't mean we won't still trade Georgiev, but we are going to give him away either.

I would agree with Hall, but in the case of Pietrangelo you trade somebody to make it work

Pietrangelo is a RD. Why would we want him?

 

[RangersFan1994]

I would agree with Hall, but in the case of Pietrangelo you trade somebody to make it work

sell high on DeAngelo make it work. I hope this is in the works and they're reaching out to free agents as soon as they legally can.

 

[GAGLine]

Maybe a CBA guru can correct me on that one but isnt Shestyorkin exempted from the ED due to his age/contract status?

Yes, he is exempt. All of our goalies are exempt except Georgiev.

 

[Empoleon8771]

Maybe a CBA guru can correct me on that one but isnt Shestyorkin exempted from the ED due to his age/contract status?

Yeah you're right, I'm not sure why I was thinking Shestyorkin was expansion eligible. My bad.

 

[Tetsuo]

Wow. $5.5M in dead cap this season for only $3M in cap and $1.5M in real dollars saved. I guess the cost for teams to eat that was too high (i.e. a 1st) so the Rangers elected to save what they can? Gorton is a great GM so you know this move was probably the last resort. Hopefully Hank has enough in the tank to try for a Cup one more time. He's a lock for the HHOF regardless.

Edit: Also, the Rangers are gearing up to afford their RFAs and to extend Zibby next year. They are in a weird situation where they have cap space on paper but have to sign a lot of players that will eat cap space quickly.