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Rangers announce Chris Drury buyout

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06-26-2011, 04:47 AM
  #1
RangerBoy
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Rangers announce Chris Drury buyout

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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


Last edited by RangerBoy: 06-29-2011 at 03:00 PM.
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06-26-2011, 04:52 AM
  #2
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So is he still able to play hockey next season? or is his degenerative condition going to keep him out for a season.

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06-26-2011, 04:58 AM
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Quote:
Originally Posted by RangerBoy View Post
Read more: http://www.nypost.com/p/sports/range...#ixzz1QNF9EpWM

Maybe Drury changes his mind again before Thursday
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

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06-26-2011, 05:05 AM
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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?

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06-26-2011, 05:07 AM
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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.

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06-26-2011, 05:14 AM
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If only we could land Eriksson along with Richards

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06-26-2011, 05:51 AM
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Quote:
Originally Posted by rangerfan_79 View Post
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.

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06-26-2011, 05:54 AM
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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.

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06-26-2011, 06:45 AM
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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.

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06-26-2011, 07:30 AM
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Knee is all of a sudden better, IT'S A MIRACLE!

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06-26-2011, 07:49 AM
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Good ****ing riddance.

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06-26-2011, 08:02 AM
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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

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06-26-2011, 08:03 AM
  #13
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This is the right thing for him to do. He gets paid... Team moves on. Win/win.

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Old
06-26-2011, 08:05 AM
  #14
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Quote:
Originally Posted by hpNYR View Post
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

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06-26-2011, 08:21 AM
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I thought he had a career ending injury? Why do they still have to buy him out if he can't play the game?

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06-26-2011, 08:26 AM
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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

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06-26-2011, 08:26 AM
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Quote:
Originally Posted by Bleed Ranger Blue View Post
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.

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06-26-2011, 08:38 AM
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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

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06-26-2011, 08:42 AM
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Quote:
Originally Posted by Bleed Ranger Blue View Post
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?

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06-26-2011, 08:57 AM
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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.

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06-26-2011, 09:19 AM
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beastly115
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Originally Posted by Janerixon View Post
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.

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Old
06-26-2011, 09:24 AM
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Originally Posted by alphaqup View Post
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.

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06-26-2011, 09:26 AM
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Quote:
Originally Posted by RangerBoy View Post
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?

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06-26-2011, 09:32 AM
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Originally Posted by alphaqup View Post
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.

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Old
06-26-2011, 09:34 AM
  #25
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Originally Posted by RangerFan10 View Post
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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