Originally written on NY Rangers Blog  |  Last updated 1/12/13

NEW YORK - FEBRUARY 3: Wade Redden #6 of the New York Rangers skates with the puck against the Atlanta Thrashers during the game on February 3, 2009 at Madison Square Garden in New York City. (Photo by Chris McGrath/Getty Images)
Larry Brooks at the New York Post reports that the Rangers have given Wade Redden permission to speak with other NHL teams about a possible trade. Under the new CBA, teams can retain some (up to 50%) of the player's salary/cap they are trading. Brooks thinks this might be an option the Rangers use to entice a team into a trade for Redden, who has another year left on his contract worth $6.5 million per. Brooks says the Rangers would only want to retain remaining salary/cap for this season, however, the new CBA says they'd have to retain it for the entire contract (end of 2013-14 season). So if they trade Redden and maintain half his salary, the cap hit for the next two years would be just $3.25 million per. If the Rangers decide to hold on to Redden, they would incur a cap hit of $6.5 million this season, but could buy him out for $3.335 million this summer and not have a cap hit next year. This year's cap ceiling of $70.2 million falls to $64.3 million next season. ...
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