Rangers buy out final 2 seasons of D Wade Redden's contract, making him free agent
2013-01-17 18:54:00
NEW YORK, N.Y. - The New York Rangers are buying out the final two seasons of disappointing defenceman Wade Redden's contract.
The Rangers made the move Thursday, one day after placing Redden on waivers. Now the 35-year-old Redden is an unrestricted free agent.
Redden has spent the past two seasons with Connecticut of the AHL after notching five goals and 35 assists in 156 regular-season games with the Rangers over two seasons after he signed a six-year, $39 million free-agent deal to leave Ottawa.
The accelerated compliance buyout, approved in the new labour deal, means Redden will earn a pro-rated $3.341 million for this season plus two-thirds of the $5 million he was set to earn next season.
In 994 career NHL games, the 35-year-old Redden has 106 goals and 344 assists.
Advertisement
This Week - Subscribe NowWho should the Vancouver Canucks hire as their new head coach?
Advertisement
"Probably not. Their depth and our play right now...it doesn't look too good."
- Ottawa Senators captain Daniel Alfredsson, when asked if his team could come back from a 3-1 series deficit against the Pittsburgh Penguins.
Contests
Our Partners
A TC Media site, Consumer Solutions
