Originally written on NY Rangers Blog  |  Last updated 11/15/14

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. ...
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Josh Hamilton to be activated by Rangers

WATCH: Top CB recruit makes insane catch doing backflip

Biggest surprises of the MLB season

Marcus Mariota leads NFL in jersey sales for May

Report: Scott Skiles frontrunner for Magic coaching job

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Shanahan: injuries are not why Robert Griffin III struggles

Kyle Korver ruled out for remainder of playoffs

Randy Moss attends cancer survivor's graduation

Roger Staubach shares thoughts on Greg Hardy

Report: Jeff Van Gundy a candidate for Pelicans job

Marlins players skipped out on their own charity event

Warriors crush Rockets in Houston to take 3-0 series lead

Brian Matusz ejected for having foreign substance on arm

PHOTO: Don Cherry wears wild suit even for his taste

PHOTOS: Gigantic sinkhole at Jack Nicklaus golf course

WATCH: Memphis player catches defense sleeping, scores

WATCH: Astros turn around-the-horn triple play

French Open Women's preview: Who will make the quarters?

WATCH: Bryan Price gets ejected before game starts

WATCH: Vin Scully narrates fan's marriage proposal

WATCH: Harper, Matt Williams have special handshake

The Yankees are succeeding despite the numbers

Rick Fox and Khloe Kardashian spotted on date together?

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Eight biggest surprises of the MLB season

Bryan Price ejected before first pitch

Vin Scully narrates marriage proposal

Pats fan's obituary defends Brady

Marlins players skip own charity event

John Wall tells All-NBA Team voters to ‘keep sleeping’

Jim Kelly: No doubt Tom Brady cheated

Post-combine NBA Draft big board: Top 30

Ex-players sue NFL for conspiring to push painkillers

Astros surprising, but can get better with Correa

Here come the Giants

Aaron Hernandez got new tattoo in prison

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.