The deadline for buyouts is Thursday, but procedure dictates a player must be placed on, and go through, unconditional waivers after official notification of the intent to buy out. The Rangers would have to place Drury on waivers no later than Tuesday in order to comply with procedures.
If Drury accepts the buyout, the Rangers would carry approximately $3.717 million of dead cap space on his deal through the summer and next season, a saving of approximately $3.333 million.
...wow, I didn't expect this. Definitely a smart move by Drury. This will allow him to catch on with a team in need of a veteran that will most likely use him in situations he will thrive in.
...anyone who thinks that Brad Richards isn't coming now is out of their mind.