Wade Redden to Be Waived By the New York Rangers (UPDATED)

September 25th, 2010 by Matthew Calamia Leave a reply »
We knew this was going to happen. The Rangers are strapped for cap space, and two seasons of underperforming have left the Rangers no choice but to waive Wade Redden.

Obviously, no team will claim him and his $6 million contract that still has four seasons remaining on it, thus sending him to either Hartford or Europe.

This was a head-scratcher from day one back in 2008. Redden's statistics had been trailing off for years in Ottawa, and yet GM Glen Sather, in all his wisdom, offered an outrageous six-year contract that we all knew Redden would not be able to live up to.

The good news here—if your last name isn't Redden—is that this will potentially open up a spot on the blue line for Ryan McDonagh to break through the Rangers roster.

He played strong on Thursday night, and all reports are that he has played solid through the first week of training camp and scrimmages, along with the Traverse City tournament.

Along with his strong play, his small contract works in his favor, as the Rangers, even after waiving Redden, are still close to the cap ceiling.

After years of hearing Sather and Tortorella pre ...

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