New York Rangers salary cap purchase penalties expire next summer

March 15, 2019; Calgary, Alberta, Canada; New York Rangers defending Kevin Shatenkirk (22) controls the puck against Calgary Flames during the third inning at Scotiabank Saddledome. Calgary Flames won 5-1. Mandatory credit: Sergei Belski-USA TODAY Sports

The New York Rangers’ salary cap is saddled with $3,427,778 purchase fines. Some of these are from acquisitions that occurred in 2017.

The freed cover space will come in great time for at least one of Blueshirts’ young, restricted customers.

Forever Blueshirts will dive deeper into capping Rangers this month starting with the cap money.

New York Rangers salary cap: buyout penalties

Here’s a breakdown of the acquisitions Rangers are still paying for:

  • Kevin Shattenkirk ($14,333,333)
  • Dan Girardi ($11,111,111)
  • Tony D’Angelo ($883,334)

NB: All max data via CapFri Friendly

Buy Dan Girardi

On June 14, 2017, the New York Rangers bought Dan Girardi’s contract. At the time, the 10-year Blueshirts veteran had three years left on a contract that came with AAV worth $5.5 million.

The tough defensive guy who stops shooting was a team warrior during the Black and Blueshirts days. He was part of one of the best closing pairs in the NHL with Ryan McDonagh and helped the team reach the Stanley Cup Final in 2014.

Unfortunately, his body could not stand the wear and tear. Gerardi’s game began to decline towards the end of the 2015 campaign.

Kevin Shatenkirk acquisition

Rangers bought Kevin Shatenkirk’s contract on August 1, 2019. This was a shocking turn of events, considering he was a valuable free agent in 2017 and signed with the team for less money than others had offered.

New York bought the last two years of his four-year deal, which came in at $6.65 million. They clearly needed the space after signing Artemi Panarin that summer to a 7-year contract with Monster with $11.6 million AAV.

Unfortunately for Shattenkirk, he was playing on a bad knee most of the time with the Rangers. The offensive defensive player simply struggled on his end trying to play his best four minutes.

Tony D’Angelo Acquisition

On July 24, 2021, Rangers and Tony D’Angelo ended a tumultuous relationship.

After signing a two-year, $9.6 million contract extension in October 2020, he couldn’t stay out of trouble with his coach and teammates. After a scratch at the start of the season, things came to a head when he got involved in a brawl with goalkeeper Alexander Georgiev.

Former general manager Jeff Gorton warned DeAngelo before the incident that any trouble would lead to the termination of his Rangers career. After just six matches, he will never play for the Blues again.

The acquisition deal was for the remaining third of the decade because DeAngelo was 26 years younger. The Rangers cap that reached last season was $383,334 and ends at $883,334 this year.

New York Rangers salary cap 2023

New York Rangers
June 1, 2022; New York, New York, USA; New York Rangers defender Andre Miller (79) celebrates with a 6-2 win over Tampa Bay Lightning with left winger Chris Kreider (20) and center Frank Vatrano (77) in Game One of the 2022 Stanley Cup Eastern Conference Final Playoff at Madison Square Garden. Mandatory credit: Danny Wild-USA TODAY Sports

The New York Rangers will get the following players to become Restricted Free Agents in 2023:

  • Alexis Lavrinier
  • Filip Chytil (Arbitration Rights)
  • Julien Gautier (Arbitration Rights)
  • Kandrey Miller
  • Libor Hajek (Arbitration Rights)
  • Vitaly Kravtsov
  • Zack Jones

It should also be noted that Ryan Reaves and his max of $1.75 million would be off the books. In addition, $1.5 million from Jaroslav Halak is also lost, but the Rangers will need this money to support another.

Looking at the $3.4 million dead cover space along with $1.75 million from Reaves, that gives you just over $5 million.

The New York Rangers should take in $4 million to $5 million and ink K’Andre Miller on a five-year deal.

For the rest of the RFAs, only Alexis Lafrenière will be the lock to return with a lower Filip Chytil.

How will the Rangers sign them? That’s why you hear the term “cover pressure” used a lot when discussing the team’s future.

It’s not an easy problem to solve, and it likely means that some players like Barkley Goudreau, who has a modified commercial clause, could be at risk next summer. Rangers could also ask Jacob Troppa or Chris Kreider to waive their full no-move clauses, but that would be a challenge.

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