They would have to buy him out with a cap hit of $4.3 million over 2 years. Would be an absolute stupid thing to do when they could buy him out under the compliance buyout in 6 months and then there'd be no cap hit.
Unless those radio personalities know something that no one else knows, there is no way to just "cut a player free" without buying him out. They can't send him anywhere, including Europe where the cap wouldn't count (its the same as sending him to AHL)
Yeah there option three. But that's not exactly cutting him free because they are still paying him and he would still be on the cap.
But that's a good point about an injury (Like Savard and Pronger) he can't be bought out then.
tough choice for the Rangers. They are okay with the cap this season but need to get him off the books for next year or they'll have problems. If they buy him out this season, he still has a $4 million + cap hit next season. Compliance buyout is their best option, but as TSN says, do you sit him out the year?
After reading the OP the first thing I thought of is how much it would suck to be the programmer for cap geek this week! Maybe we should all chip in to buy him a case or three of Red Bull and 12 bags of Funyuns.