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Rangers buy out last 2 seasons of D Redden's deal

Friday, 01.18.2013 / 3:10 AM / News

Associated Press

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Rangers buy out last 2 seasons of D Redden's deal

NEW YORK (AP) - The New York Rangers are buying out the final two seasons of disappointing defenseman Wade Redden's contract.

The Rangers made the move Thursday, one day after placing Redden on waivers. Now the 35-year-old Redden is an unrestricted free agent.

Redden has spent the past two seasons with Connecticut of the AHL after notching five goals and 35 assists in 156 regular-season games with the Rangers over two seasons after he signed a six-year, $39 million free-agent deal to leave Ottawa.

The accelerated compliance buyout, approved in the new labor deal, means Redden will earn a pro-rated $3.341 million for this season plus two-thirds of the $5 million he was set to earn next season.

In 994 career NHL games, the 35-year-old Redden has 106 goals and 344 assists.

Quote of the Day

You know what? We've played in some pretty special buildings along this playoff run so far. You start in Detroit, you go to Montreal, you come here … I think it's the first team to beat three Original Six teams to get to the Final if I'm not mistaken. That says how tough the road has been. Those are tough places to win.

— Lightning forward Steven Stamkos after Game 7 win vs. Rangers on Friday in New York