It’s been barely 24 hours since initial reports came out on a Tony DeAngelo trade. Darren Dreger noted that a source told him a trade could happen “within days”. It was also reported by Elliotte Friedman the Rangers would eat a large portion of his deal to make it happen. This was all somewhat countered with Bob McKenzie’s update of the situation on NBCSN.
Rangers not looking to retain large salary or take bad contract back
“They’re talking to teams and there are at least 4-5 teams kicking tires doing their due diligence to see if this is a reclamation project they want to take on,” McKenzie said. “Not suggesting for a moment a trade is imminent.”
According to McKenzie the teams reportedly interested are the Flames, Red Wings, Kings, and Ducks.
“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 revealed. “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 up to $2.4 million of DeAngelo’s 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.
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.
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