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-   -   Confirmed with Link: Rangers announce Chris Drury buyout (http://hfboards.hockeysfuture.com/showthread.php?t=934719)

RangerBoy 06-26-2011 04:47 AM

Rangers announce Chris Drury buyout
 
Quote:

The twists and turns over the couple of weeks since general manager Glen Sather first notified Chris Drury that the Rangers were preparing to buy out the final season of the captain's contract apparently are yet over, The Post has learned.

For after Drury suggested a week ago that he was going to apply for a designation of being medically unable to play next season because of a degenerative condition in his left knee, the captain is now leaning toward accepting a buyout, according to individuals familiar with the situation.

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 does indeed accept the buyout rather than file for the medical exception, 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.

The club also would face a charge of approximately $1.667 million for 2012-13, pending a new CBA that could erase that obligation.

Read more: http://www.nypost.com/p/sports/range...#ixzz1QNF9EpWM

Maybe Drury changes his mind again before Thursday:sarcasm:

Kagee* 06-26-2011 04:52 AM

So is he still able to play hockey next season? or is his degenerative condition going to keep him out for a season.

rangerfan_79 06-26-2011 04:58 AM

Quote:

Originally Posted by RangerBoy (Post 34116947)
Read more: http://www.nypost.com/p/sports/range...#ixzz1QNF9EpWM

Maybe Drury changes his mind again before Thursday:sarcasm:

Assistant GM Cam Hope is leaving the organization, The Post has learned . . . Sather revealed the Rangers will open the next three seasons in Europe . . . The Blueshirts drafted Edmonton center Michael St. Croix 106th overall, Kelowna right wing Shane McColgan 134th, Baie-Comeau defenseman Samuel Noreau 136th and Slovakian defenseman Peter Ceresnak 172nd.

Interesting little tidbit on the bottom of the linked article.

Sather looses another assistant GM

Net Front Presence 06-26-2011 05:05 AM

So we have dead space of 3.7 this season and 1.6 next season if this happens? Why did I think it was going to be worse than that?

Kane One 06-26-2011 05:07 AM

If this is true, is it really necessary to buy him out? Unless Sather overpays the **** out of our RFA's and/or signs another free agent, we would still have enough space to sign Richards without having to buy out Drury's contract.

hpNYR 06-26-2011 05:14 AM

If only we could land Eriksson along with Richards

RangerBoy 06-26-2011 05:51 AM

Quote:

Originally Posted by rangerfan_79 (Post 34117025)
Assistant GM Cam Hope is leaving the organization, The Post has learned . . . Sather revealed the Rangers will open the next three seasons in Europe . . . The Blueshirts drafted Edmonton center Michael St. Croix 106th overall, Kelowna right wing Shane McColgan 134th, Baie-Comeau defenseman Samuel Noreau 136th and Slovakian defenseman Peter Ceresnak 172nd.

Interesting little tidbit on the bottom of the linked article.

Sather looses another assistant GM

Saw that. Hope is from Alberta. Maybe family reasons. The Rangers will find a cap guy to replace him. Sather indicated Hope was talking to the Rangers group II's. He will probably leave later in the summer.

Sather loses another assistant GM? Maloney left in 2007 and Schoenfeld was promoted to AGM and so was Hope-AGM/hockey administration.

RangerBoy 06-26-2011 05:54 AM

Drury accepting the buyout opens up the trade possibility. Rangers trade Drury for a more expensive contract. The acquiring team gets a cheaper buyout. That team agrees to buyout Drury and he waives his NMC. He still receives the same buyout. Columbus has not made a move with Commodore. They are waiting until Thursday.

eco's bones 06-26-2011 06:45 AM

Whether they can trade him or not--this is the right thing for Chris to do. The team obviously wants to cut ties with him--at least as a player. It's classier on his part to let the Rangers do it and he still gets most of his money anyway. If he can get his knee to come around he can still continue to play some time in the future. It should cut out any acrimony between team, player, fans. Drury strikes me as the kind of guy who could have a future in hockey after his playing days are over--coaching, scouting, maybe even management and maybe even with the Rangers.

bubba5 06-26-2011 07:30 AM

Knee is all of a sudden better, IT'S A MIRACLE!

beastly115 06-26-2011 07:49 AM

Good ****ing riddance.

RangerBoy 06-26-2011 08:02 AM

Drury can reject going on waivers. His NMC gives him that option. He just becomes a free agent with the buyout.

Quote:

Because Tucker's contract included a no-movement clause, Tucker had the option of either going on waivers or not. He chose not to and thus becomes an unrestricted free agent.

http://www.tsn.ca/nhl/story/?id=241569

Riche16 06-26-2011 08:03 AM

This is the right thing for him to do. He gets paid... Team moves on. Win/win.

Bleed Ranger Blue 06-26-2011 08:05 AM

Quote:

Originally Posted by hpNYR (Post 34117117)
If only we could land Eriksson along with Richards

The only way in the world I would want Loui Eriksson is if he did come with Richards. Eriksson is in for a rude awakening this season without an all-world talent like Richards.

Moral of the story? Richards can make current Rangers roster players just as good, if not better, than Eriksson was

I Am Chariot 06-26-2011 08:21 AM

I thought he had a career ending injury? Why do they still have to buy him out if he can't play the game?

Vitto79 06-26-2011 08:26 AM

wow what a pain this whole thing has been. Ok now call FLA ASAP and work out trade that makes sense cap wise for both

Reinprecht would be a salary of 2 million that can come back.

CLB and Commodore has been mentioned?

worst case buy him out and this saga is over. Waiver Monday for sure regardless

azrok22 06-26-2011 08:26 AM

Quote:

Originally Posted by Bleed Ranger Blue (Post 34118457)
The only way in the world I would want Loui Eriksson is if he did come with Richards. Eriksson is in for a rude awakening this season without an all-world talent like Richards.

Moral of the story? Richards can make current Rangers roster players just as good, if not better, than Eriksson was

All you need to do is look at James Neal to realize how much Richards makes his linemates better.

Neal with Richards in Dallas this year:
59 games: 21g, 18a, 39p (that's .356 gpg for a 29g pace over a complete season, and .661 ppg for a 54p pace over a complete season).

Neal without Richards once traded to Pittsburgh later in the season:
20 games: 1g, 5a, 6p (that's .05 gpg for a 4g pace over a complete season, and .3ppg ppg for a 25p pace over a complete season).

Essentially after the trade, Neal's goals per game dropped from .356 to .05.

Janerixon 06-26-2011 08:38 AM

I said that I believed something was in the works yesterday to enable the Rangers to buyout Drury in the Glen Sather Unplugged thread. Sather knows Drury has pride, but if this was about money there were other ways of getting him his money (a front office position/PK specialist and face-off coach). I don't believe he will accept a trade to Columbus, I just expect the Rangers are going to buy him out and give him a position with the team. This gives Sather much more room with the summer cap to throw some serious cash at Brad Richards (which is kind of scary) and he will probably pick up a top line LW as well.

Thanks Drury for doing the right thing

RangerFan10 06-26-2011 08:42 AM

Quote:

Originally Posted by Bleed Ranger Blue (Post 34118457)
The only way in the world I would want Loui Eriksson is if he did come with Richards. Eriksson is in for a rude awakening this season without an all-world talent like Richards.

Moral of the story? Richards can make current Rangers roster players just as good, if not better, than Eriksson was

Have you ever seen Eriksson play?

DutchShamrock 06-26-2011 08:57 AM

Quote:

Originally Posted by RangerFan10 (Post 34119087)
Have you ever seen Eriksson play?

What does that have to do with anything? Stats tell you all you need to know about a player.

Eriksson has some hands and he can finish. He'll be fine without Brad, not saying he will be just as good, but he'll be fine.

beastly115 06-26-2011 09:19 AM

Quote:

Originally Posted by Janerixon (Post 34118997)
I said that I believed something was in the works yesterday to enable the Rangers to buyout Drury in the Glen Sather Unplugged thread. Sather knows Drury has pride, but if this was about money there were other ways of getting him his money (a front office position/PK specialist and face-off coach). I don't believe he will accept a trade to Columbus, I just expect the Rangers are going to buy him out and give him a position with the team. This gives Sather much more room with the summer cap to throw some serious cash at Brad Richards (which is kind of scary) and he will probably pick up a top line LW as well.

Thanks Drury for doing the right thing

Doing the right thing would be retiring altogether. By accepting a buy out Drury is only being half a d-bag.

BrooklynRangersFan 06-26-2011 09:24 AM

Quote:

Originally Posted by alphaqup (Post 34119719)
Doing the right thing would be retiring altogether. By accepting a buy out Drury is only being half a d-bag.

That's just silly. Sticking it to the Rangers over a few extra hundred thousand is one thing; expecting him to eat $5MM is another.

Jabroni 06-26-2011 09:26 AM

Quote:

Originally Posted by RangerBoy (Post 34118405)
Drury can reject going on waivers. His NMC gives him that option. He just becomes a free agent with the buyout.



http://www.tsn.ca/nhl/story/?id=241569

I thought that, waivers or not, the buyout makes the player a free agent?

Janerixon 06-26-2011 09:32 AM

Quote:

Originally Posted by alphaqup (Post 34119719)
Doing the right thing would be retiring altogether. By accepting a buy out Drury is only being half a d-bag.

Would you leave $5 million on the table? Sather gave him the contract, he has to honor it. Accepting a buyout is the right thing to do, retiring would be doing us a huge favor and I can't see that happening.

Bleed Ranger Blue 06-26-2011 09:34 AM

Quote:

Originally Posted by RangerFan10 (Post 34119087)
Have you ever seen Eriksson play?

Yes, yes I have. With Brad Richards, in fact, which was the whole point of my post. What would impress me is if he could score 70 points this season without BR (he wont)


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