According to the NY Daily News, the New York Rangers will buyout the remaining year of Chris Drury’s five-year, $35.25 million contract.
“He’s gone,” said one source. Drury tallied just one goal and four assists this season after missing 58 games due to finger and knee injuries.
The rumors have been swirling around since head coach John Tortorella made his comments about the soon-to-be 35-year-old captain at the club’s break-up day. Tortorella said he and Rangers GM Glen Sather had plenty of decisions to make regarding the future of the team, and had to make them in the best decision of the organization.
If the Rangers do buy out Drury, they would be free up $3.3 million in cap-space for 2011-12, with $1.6 charged for the following season.
Another name on the chopping block is winger Woltek Wolski who was acquired in January in exchange for defenseman Michael Roszival from the the Phoenix Coyotes. If the Rangers buyout Wolksi, it would save the team another $3.3 million, giving the Rangers a total of $6.6 million to target All-Star center Brad Richards on July 1 when the 31-year-old becomes a free-agent.
The newly-found cap-space will also assist the Rangers in re-signing its long list of restricted free-agents, who include Brandon Dubinsky, Artem Anisimov, Brian Boyle and soon-to-be captain Ryan Callahan.
In four seasons with the Rangers, Drury finished with 62 goals and 151 points.
The buyout period begins June 15 and runs until June 30.
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