Redden to Be Locked Out
Bruce Garrioch at the Ottawa Sun reports that Wade Redden is expected to be among those players blocked from going to training camp when the lockout takes effect tonight at 11:59 p.m..."It'll be a money-saving move by the Rangers. Redden, 35, is scheduled to make $5 million this season with a salary-cap hit of $6.5 million on a deal that doesn't expire until the end of the 2013-14 season."
...wow, kick a guy when he's down. Assuming the Rangers aren't going to put Redden through waivers so they can pay him while playing for the Whale.
If the new CBA includes provision for a one-time amnesty buyout, the Rangers could use it to release Redden from his contract. Redden would still get the money owed him but it would not affect the team's salary cap.
...Redden's salary doesn't affect the Rangers cap playing for the Whale, so why would they use the amnesty buyout if they still have to pay him?
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If they have an amnesty buyout, they'll use it on Redden for 2 reasons. 1st, if they somehow get rid of the loophole of burying players in the AHL, they'd have to do it. 2nd, if they have the one time amnesty buyout, there is no one else on this team (other than Richards, and they won't do it) to buyout. If they pay him in one shot or over two seasons it doesn't matter, they'll have the extra 6.5M salary cap space which to play with during the summer
I hate redden with the best of them, and this is slightly messed up, but man did he ever make a buttload of money being the king of hartford I think he'll be ok playing golf
@TheNYRBlog Kevin I see that most teams have sent between 18 to 22 players to the AHL. The Rangers have only sent 7, why?
@TheNYRBlog @CTWhale according to 1 report.He finished season w/CT & was on the clear day roster w/CT so he can be signed to an AHL contract
@TheNYRBlog it would be the right thing to do... He's been banished there for two seasons already.
@TheNYRBlog Seriously, if Redden wasn't hoarding his cash for life after hockey after a yr in CT, he's the dumbest motherfucker on Earth
