Rangers Jeff Gorton in no rush to deal Tony DeAngelo, willing to buy him out in offseason
A Tony DeAngelo trade was supposed to be coming “within days.” At least that’s what a source told Darren Dreger earlier in the week. However, here we are and no deal appears imminent.
The word I’m getting is that things with the Flames have cooled down since the buzz late Thursday. As for the other teams reportedly interested in the 25 year-old rearguard, not much is coming out of Detroit or Los Angeles. Some info is out there from Anaheim but very little.
Teams want the Rangers to take back a bad contract
Jeff Gorton is in no rush, and contrary to previous reporting is not willing to retain 50% of DeAngelo’s salary. Last season’s 4th leading scorer among defenseman just signed a 2-year deal with an AAV of $4.8 million. If the deal is right, the Rangers may be willing to eat around a million of that, but not $2.4 million.
It’s also being reported that some teams want the Rangers to take on a bad contract. Hard to get more info on this one, but some buzz out of Anaheim had them pushing either 35 year-old Ryan Getzlaf (1 yr remaining at $8.25M) or 31 year-old Adam Henrique (4 yrs remaining at $5.825M) to make the exchange.
The Rangers do not have the cap space to eat Getzlaf’s difference, nor the desire to take four years of Adam Henrique’s deal. That’s why a DeAngelo buyout is a real option.
Tony DeAngelo buyout a real possibility
Per Cap Friendly, the Rangers would only face a $383,333 hit in 2021-22 and a $883, 333 charge the season after. Teams looking to trade for him should understand that, and realize Jeff Gorton does not have his back up against the wall as initially believed.
“Here’s the rub, the New York Rangers plan B would be if they don’t trade him is to buy him out at the end of the year,” McKenzie noted recently. “In other words, the Rangers are not prepared to retain a huge amount of salary, the Rangers are not prepared to take on a huge contract the other way.”
From a financial standpoint, the Rangers could retain some contract for this season and next year to make a deal work. Of course, because he’s 25 a 1/3 buyout is also possible which means lesser cap penalties. That’s why they are in no rush to make a bad deal.
Sit tight Rangers fans, this could take awhile.
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