New York Rangers place Tony DeAngelo on waivers for purpose of a buyout

By Field Level Media
tony deangelo buyout
Mar 2, 2018; Calgary, Alberta, CAN; New York Rangers defenseman Tony DeAngelo (77) tries to score against the Calgary Flames during the second period at Scotiabank Saddledome. Mandatory Credit: Sergei Belski-USA TODAY Sports

The New York Rangers placed defenseman Tony DeAngelo on unconditional waivers Friday for the purpose of buying out his contract.

DeAngelo, 25, signed a two-year, $9.6 million contract extension in October 2020. However, he played in only six games last season before being involved in a reported altercation with goaltender Alexandar Georgiev.

He last played for the Rangers on Jan. 30 and was waived the following day. DeAngelo cleared waivers that time, but then-general manager Jeff Gordon said he would not play for the team again.

Tony DeAngelo buyout

The buyout is for one-third of the remaining contract because DeAngelo is younger than 26. The Rangers will pay him $883,334 in each of the next two seasons while carrying cap hits of $383,334 in 2021-22 and $883,334 in 2022-23, according to Cap Friendly.

Once he clears waivers, DeAngelo will become an unrestricted free agent.

tony deangelo
Oct 24, 2019; New York, NY, USA; New York Rangers defenseman Tony DeAngelo (77) scores a goal against Buffalo Sabres goaltender Carter Hutton (40) during the second period at Madison Square Garden. Mandatory Credit: Andy Marlin-USA TODAY Sports

DeAngelo scored 53 points (15 goals, 38 assists) in 68 games during his first season with the Rangers in 2019-20. He was New York’s first defenseman with at least 50 points in a season since Hall of Famer Brian Leetch in 2001-02.

DeAngelo has 106 points (24 goals, 82 assists) in 206 career games with the Arizona Coyotes and Rangers. He was dealt to New York as part of a June 2017 trade that shipped Derek Stepan and Antti Raanta to Arizona.

He was selected by the Tampa Bay Lightning with the 19th overall pick of the 2014 NHL Draft.

Jeff Gorton warned him

“He’s played his last game with the Rangers,” Jeff Gorton told reporters. This was the day after DeAngelo had an altercation with teammate Alexandar Georgiev at the end of January.

“Tony wasn’t able to move on from [being scratched early in the season],” he explained. “I had spoke to him at that time and said – listen, if there’s any more issues here the time is gonna come where we’re gonna put you on waivers and move on.”

“I made that statement to him – something happened and I pretty much have to stay true to my word, and the organization’s word that it was time to move on.”

Although Gorton is no longer the GM of the Rangers, the organization stayed true to its word and have moved on.

–Field Level Media