Bad job by me yesterday in my post on the Rangers cap situation not properly pointing out how the new CBA's "Redden Rule," which is the formula used to figure out the proper cap hit for those one-way and two-way NHL contracts buried in the AHL, will affect the Blueshirts. So here it is courtesy of Cap Geek (H/T to reader Andy E.)...
BURIED CONTRACTS (Wade Redden Rule)
Money paid to players outside of the NHL counts against the cap.
A one-way contract counts against the cap as follows:
cap hit – [ minimum salary + $375,000 ]
Example: If Wade Redden plays in the minors in 2012-13, he counts as follows.
$6.5M – [ $525,000 + $375,000 ] = $5.6M
A two-way contract counts as follows:
minor-league salary – [ minimum salary + $375,000 ]
Example: Player A’s two-way contract pays $3M/$1M in 2012-13 and counts as follows in the minors.
$1M – [ $525,000 + $375,000 ] = $100,000
Using this formula, if demoted, Arron Asham's cap hit would be $75,000 on a $1M per salary, while Darroll Powe's is just over $91,000 on a $1.066M per. So the Rangers would free up $1.9 million by sending those two to Hartford.
They'll also be losing most of the Justin Faulk (RFA) or Aaron Johnson ($600,000) cap hit when one of them is demoted during camp.
Meaning the real cap number is closer to $13M available than the $11.1M I posted yesterday.
...so this is what happens when I don't do my homework and just go with what Larry Brooks is reporting. Hey, it's the summer, who wants to do homework. Seriously, my bad.
...even with the additional cap space it could still be tight depending on the demands of the five RFAs, but I do feel all five want to remain in a Blueshirt and would be willing to do what it takes to make it happen.
...i also don't think this changes the fact that the Rangers are likely to make a trade. And as Neill pointed out in the comments section yesterday, with Dom Moore on board, the most likely candidate is Brian Boyle. Possible reunion with Torts?
Speaking of McDonagh...
Negotiations between #NYR and RFA D Ryan McDonagh said to be moving in the right direction but no deal just yet.— Andrew Gross (@AGrossRecord) July 6, 2013
Brett Cyrgalis at the New York Post says that it is believed McDonagh is looking for a deal between four and six years at around $5 million per.
Wednesday is the deadline for McDonagh to file for salary arbitration, so there is still time for another club to send him an offer sheet
...i love McDonagh just as much as anyone, but $5 million seems a bit high to me. I was thinking closer to $4 million.
Too many morons weighing in. Trading girardi? Really?! Pay MCD his money. They will regret it like they did not signing Prust.
Get Colorado on the line. See what they want for Patrick Bordeleau. If there 's one thing about Sather, he knows the importance of a heavy weight on our team each year, and so far, we don't have one. We have certainly gone through a lot of them!
Don't know who is being talked about for sure, but one thing is confirmed. Edmonton and NYR are talking.
Many (but not all!) of those who contribute here look at The Rangers in a very narrow tactical way. They don't look at their team (my team, too!) in the context of the rest of the league. We simply need to get bigger....... faster......meaner .....and better.
If you look at the last 4 teams standing in this year's playoffs you don't spell bigger, faster, meaner and better.....B-O-Y-L-E.....A-S-H-A-M.....P-O-W-E......P-Y-A-T-T.......Z-U-C-C.. No other teams are looking for these guys, believe me. They are all underachieving 4th liners (Zucc is too small to matter) who have been cast-off by other teams.
Mc Donaugh could be a top 2 defense man on any team in the NHL and he should go after as much money as possible and Sather will pay him either now or later.!
We all need to go back to Church....the Temple or Mosque and pray that AV can inspire our present team to play on the ice at a level that Torts' did, because compared to the big guys in the NHL we are not that good on paper!
Some have said it is BS, but there is a rumor out there that Hall, Gagner and a defensman for JT Miller, Boyle, MDZ, and Mcilrath... I could fuck with that... WOW
We should just take picks and minor
We should ask for picks and the minor league plays. Unless we can back inpack player
Bobby ryan would have been good fit
3rd line right wing
To late now
My thoughts on trades is that I got a strong feeling that when Richey didn't pack that some trade was in the works. With the influx of supporting Dmen it would seem, if Slats can get it done that a major moving involving a top 4 dman could happen. since McD (who btw I think will sign at 4.75 -5 for 5 yrs.) is not on the market that leaves MDZ, who still has fair market value given his age and apparent skill on his side even if the development process has been slow - Staal, who has his bros in Carolina as well as a substantial cap hit and somewhat questionable future and Girardi - interesti9ng thing about him, and I did not even consider this until @FREE LINDBERG brought it up is that he thrives under a Torts like system and may not fit in as well with our new coach. I'd hate to lose him but facts are facts and you have to give in order to get. Not sayin but would not be surprised if a package is offered to Vancouver involving Gir, Boyle and Pyatt or a combination of 2 of those players for some proven roll players, and perhaps some skill as well. This scenario would have Torts shitting in his pants while we might be able to pick up some much needed grit and grind for our present stars and up and comings, so that they will have some room on the ice and know that someone's got their backs. This type of move could give us some wiggle room under the cap. It's interesting and as much as I questioned Slats decision on Richey, as well as some of his other moves I would say that he is a chess player, and is crafty and history tells me he has a few tricks up his sleeve.
Based on the salaries of other defensemen who are at or near McD's level, $5 mil is the least he's going to get paid. And it's what he deserves.
give mcdonagh 4.5million for 5 yrs. may he can score goals, the idea of boyle,mdz,being traded sounds good, sometimes you JUST GOTTA do what you're good at to help win; don't always have to like someone to win.
Now way I hell they should low ball McDonagh. If they can get him for 7 years up to $5M per, it's a bargain. He is a shut down defenseman with potential offensive upside and probably one if the fastest backwards skaters in the league, which is a little important for a defenseman!
As far as all the trade talk, keep in mind that teams who win build chemistry. Hard to do that when you lose important and popular guys every year. It already looks like Powe and Asham are being replaced but now you throw in Boyle, Pyatt, MDZ, and Zucc, along with a new coaching staff, and this team will have an identity crisis for at least the first half of the season. I'm not saying a trade isn't coming, but be prepared for some serious chemistry issues. It does help that they'll be on the road for a month to start the season so they can develop a bond, but it's still not ideal to replace so many players.
And you are just so intelligent??? If you understand anything about the current cap structure, our GM's history, our team's current needs to be cup competitive not to mention the subtleties of how players and coach's styles mesh you would know that trading Girardi is plausible. Unlikely but given the right package I'm guessing Slats would pull the trigger. And before you go throwing terms like "moron" out there suggest you read the comments because you are only mimicking what every other " moron" here are saying, only in a much less sophisticated manner
@FREE LINDBERG I'm sure we're talking to a lot of teams - don't mean anything's getting done there. Don't know how or why they'd give up one of the league's top prospect and 2010 number 1 pick overall (Hall) in a million years - it would require 2 of our best players, like McD and Step both.
@FREE LINDBERG I hope not. Edmonton has all small finese forwards who are young and would command a hefty return. We need power forwards, and an enforcer.
@FREE LINDBERG Confirmed where? Do you work for the NSA? Are you really Edward Snowden?
Wow I just looked at their contracts... STAY FAR AWAY from this Glen. They are great players but Hall is making 6 a year, and Gagner needs a new contract probably 4.5 plus per year. We are only giving back 4.5 in cap space... That would be the end of Step or Mac... Maybe we keep MDZ, Mcilarth and Miller, but throw them Girardi and Boyle for Hall and a second rounder
@Betweentheworlds the rangers would not be here in this if they only traded richards.boyle, pyatt, mdz would be good; but WHO WOULD they get in return??i i think the players they got in last days is good; but WHO else???
I think enough core guys stay put to avoid an identity meltdown. Replacing one top 4 Dman and a couple 3rd/4th liners should be fine with the current additions, but I hear ya
I agree but I think what could help us during the identity crisis, like the one Washington went through last year before taking off is Henrik Lundqvist. We have a chance to win every night with him in net. He cannot start slow this year... He has to bring it right from the beginning.
@Betweentheworlds are you talking to me?? i might not know a lot about hockey, BUT i do know a DUMB ASS when i see an hear them
They need defense. Mcilrath and Girardi supply that, and throw Boyle in and they might be interested.
Seriously though Taylor Hall would be a perfect fit for our team as a top 6 LW we are sorely missing, and i can live with that long expensive contract as he is only 21. We have good depth at RW, but LW is weak. If we could have Hall and Kreider on the left and Nash and Callahan on the right we would have a solid top 6... especially with Stepan and Brassard/Lindberg as our two top 6 centers
Chester, Slats has been a trade Master (and free agent disaster). Richey ain't going anywhere. I think the nucleus stays the same. Who they might get I'm not sure but the current needs right now IMHO are nasty guys to create room for the multitudes of smaller skill type players we have as well as a hard shot from the blue line.
@FREE LINDBERG Forget Washington, this team had one going until the CBJ trade. Hank didn't have a great start to the year, but he picked it up quickly and the team still had issues. The teams needs chemistry, not just an excellent goalie and a few good players. Who knows, maybe Powe and Asham were not all that liked by the rest of the team. But I'm pretty sure Boyle and MDZ are so moving them would be a pretty big blow to the DNA of the team.
@Betweentheworlds then i guess i jumped the gun, so much being said, i am human enough to admit to be wrong okay?
No Chester, I was not talking to you my comment was in response to someone else's inference that we are all morons here. For expressing views that he did not agree with. I would never criticize anyone's degree of Hockey knowledge as this is a child's game and a very small universe, even if it's the sport I love.
@sureshore yhanks for the in put
Seriously Chester, If you don't know who Hall is you need to watch a little more NHL hockey, go to NHL.com for a little light reading, etc. Sheeesh
@FREE LINDBERG No offense FL, but you need to get a little more realistic. You really think McTavish is going to give the Rangers a stud scorer who's locked up for the next 7 years, for an uproven/unready D, a stay-at-home D who's contract is up next year, and a 3rd line center (at best) who's contract is also up next year? Stepan AND Kreider MIGHT get the Oilers talking, not G and Boyle.
They are not going to trade Hall unless they can dump & a bad contract. Why would they? He is young under contract & has still has upside. I don't see it!!!! As for that bigger trade I would do that if u could still sign Mcd& Stepan. I could care less about Hags & Zucc if we got Gagner & Hall. Zuccarello is small & Hagelin is just another 20-g scorer who is not physical.
Well if he's really on the block lets see. I'm just against giving up too many good players for one guy no matter who he is, except maybe a goalie. What if we traded the house and Hall gets a career ending injury. One guy don't make a team. Now if they added other talent like Gagne to the package it changes things of course making it worth the chance if Hall is that good. It would be nice to have someone we could get excited about. It seems like too much of a win for us for Edmonton to bite.
@Betweentheworlds For Taylor Hall... Watch the guys highlights, there is no prospect in our system I would consider safe if we were talking about him, and he is only 21
Intriguing but leave McI out of it. We are seriously lacking the size and aggressiveness to make any serious cup run. He's a prospect who can provide some of that.
Another reason why I love them starting on a ten game road trip. No matter who is on the team it forces them to build some chemistry.