Why Rangers could be fit for Souray

Pierre LeBrun

In the aftermath of Sheldon Souray’s announcing that he would waive his no-trade clause if it helped the Edmonton Oilers and was a move that he could live with, the obvious question is, as one NHL GM told me this week, “But which team can afford him?”

The 33-year-old blueliner entered the weekend with 12 points (3-9) and a minus-14 rating in 30 games this season, not the kind of return you’d expect for a $5.4 million cap hit. On the other hand, he’s surrounded by the 2009-10 Oilers, not the 1986-87 Oilers. A change of scenery could very well bring out the old Souray, not to mention the fact his actual salary goes down to $4.5 million for the last two years of his deal (starting next season).

One NHL team I believe has interest is the New York Rangers, a club that could certainly use his offensive touch from the back end. I also think Souray would welcome a move to New York. But to make it happen, the Rangers would need to create cap room by shedding the contracts of either Michal Rozsival ($5 million cap hit; will earn $4 million next season and $3 million in last year in 2011-12) or Wade Redden ($6.5 million cap hit; four more years left after this season at $6.5 million for 2010-11 and 2011-12 and $5 million per year in 2012-13 and 2013-14).

The only real option on Redden is to send him to the AHL and eat his contract. A buyout next summer doesn’t solve anything because the Rangers would still carry a $2 million cap hit from him for the next eight years.

I guess if you’re New York, there’s also the hope that when the next collective-bargaining agreement is negotiated, whether that’s after next season or the season after that (the NHL Players’ Association has the option of extending it a seventh year), teams will once again get a one-time shot at buying out their worst contract without cap implications, which was the case in August 2005, when the last CBA started. That would be an opportune time for the Rangers to deal with Redden.


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