Drury's Rangers career ends today
The buyout ending Chris Drury’s career as a Ranger will become official today, The Post has learned.
The 34-year-old who played four seasons on Broadway, the last three of them as team captain, will become an unrestricted free agent after deciding against applying for a medical exception due to a left knee condition.
It is believed Drury, who would have received the full $5 million due for the final season of his five-year, $35.25 million contract had he been declared medically unable to perform as opposed to the $3.333 million he will collect on the buyout, will seek to continue his career, perhaps in Buffalo, from whence he came on July 1, 2007.
Drury, who spent a majority of last season on Injured Reserve coping with a twice-broken finger and arthroscopic knee surgery that combined to limit him to 24 games of part-time duty in which he recorded just five points (1-4), is eligible to sign a one-year contract with bonuses because he was on IR for more than 100 days.
The Rangers, meanwhile, will be cap-charged approximately $3.717 million for the buyout this season and $1.667 million next year, though the obligation for 2012-13 could be erased pending negotiations of a new labor agreement.
Because Drury had a no-move clause in his contract, he was able to elect not to go on unconditional waivers preceding the buyout.
http://www.nypost.com/p/sports/rangers/drury_skates_off_SvMhk1nCoGVFmCOprpRIAJ