: Confirmed with Link:
Rangers re-sign Ryan Callahan [3 years, $4.275M per]
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07-25-2011, 08:52 PM
Join Date: Mar 2002
Location: New York
The Rangers will continue to try to wrap up their top priority, which is a long-term contract for Ryan Callahan. Callahan's arbitration hearing is set for Thursday. His agent, Steve Bartlett, said in an email that contract negotiations are ongoing.
With Eminger's signing, the Rangers are roughly $5 million under next season's salary cap. If the Rangers and Callahan come to terms, as the team did with Brandon Dubinsky on the day of his arbitration hearing last week, figure that Callahan will command a salary with a yearly cap hit of about $4.5 million.
Once he's signed, the Rangers have 48 hours to decide whether to buy any of their other players out. The most likely candidate is Wojtek Wolski, who could be bought out for one-third of his $3.8-million salary. At the moment, the team reportedly has not decided anything about further buyouts and might go into training camp with a few extra forwards.
Zipay is on vacation for the next 2 weeks. Staple is covering the Rangers in Zipay's absence.
Brooks wrote a Wolski buyout wasn't/doesn't appear in the Rangers plans.
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