Rangers Roundup: Tony DeAngelo refused mutual contract termination as summer buyout coming; NYR playoff odds; and more
Reports surfaced late yesterday that the New York Rangers offered a mutual contract termination in order to let Tony DeAngelo become a UFA. It was also noted that the Montreal Canadiens were interested in signing DeAngelo, probably to a one year deal around $1 million to play again this season.
It could’ve all went down over the weekend but it wasn’t of interest to the 25 year-old from a financial standpoint.
Tony DeAngelo refused mutual contract termination
DeAngelo refused the offer as he stands to make much more by forcing the Rangers to buy him out this summer at 1/3 his contract. He also wrote a story on his Instagram account saying his final farewell to fans that supported him in New York over the last three years. “We all know what happens next,” the exiled defenseman said. “I am far from finished. Thank you and see you again soon.”
The New York Rangers will expose him to Seattle and then buy him out for a nominal amount. DeAngelo makes $4.5 million this season and next but would be a 1/3 buyout because of his age. That would only be a cap charge of $383,333 in 2021-22 and $833,333 in 2022-23.
A look at the Blueshirts cap situation next season has them with what is expected to be over $31 million after the buyout. There will be work to do such as signing players like Pavel Buchnevich, Ryan Lindgren, and Igor Shesterkin. However you can already see the cap space to add a big contract in the summer via trade if they choose.
NYR Playoff Odds
The Rangers are four points out of the final playoff spot but have 4 straight games against a Devils team that traded or waived away some talented players. Gone are Kyle Palmieri, Travis Zajac, Dmitry Kulikov, and Sami Vatanen. These next four games are the ones the Blueshirts need to win or at least gain points in to stay in the race.
Per MoneyPuck.com the Blueshirts playoff chances are just 16.9%. As Han Solo so famously said in Star Wars, “never tell me the odds.”
East Playoff Race Gets Tougher
The top four teams have all added to their roster for the post season. The Islanders picked up Palmieri and additional depth players. The Penguins added Jeff Carter. The Bruins added Taylor Hall. However, the Capitals made the only hockey deal by adding 6-5 forward Anthony Mantha from the Red Wings.
Here’s more on those moves: