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.

Top NHL Public Bets

NHL Top Stories

Thumbnail Penguins vs. Lightning Game 6 Pick Can the Tampa Bay Lightning close out the Eastern Conference Finals when they host the Pittsburgh Penguins tonight at 8PM ET in...
Thumbnail Sharks vs. Blues Game 5 Pick Which team will take a key 3-2 lead in the Western Conference Finals tonight as the St. Louis Blueshost the San Jose Sharks...
Thumbnail Lightning vs. Penguins Game 5 Pick Will the Pittsburgh Penguins take care of home ice in Game 5 of the Eastern Conference Finals against the Tampa Bay Lightning tonight...
Thumbnail Blues vs. Sharks Game 4 Pick Can the San Jose Sharks stay tough at home and establish a commanding lead in the Western Conference Finals when they host the St. Louis Blues at...
Thumbnail Penguins vs. Lightning Game 4 Pick Can the Tampa Bay Lightning even up the Eastern Conference Finals against the Pittsburgh Penguins when...
More inNHL Articles  

NHL Top Stories

Thumbnail Penguins vs. Lightning Game 6 Pick Can the Tampa Bay Lightning close out the Eastern Conference Finals when they host the Pittsburgh Penguins tonight at 8PM ET in...
Thumbnail Sharks vs. Blues Game 5 Pick Which team will take a key 3-2 lead in the Western Conference Finals tonight as the St. Louis Blueshost the San Jose Sharks...
Thumbnail Lightning vs. Penguins Game 5 Pick Will the Pittsburgh Penguins take care of home ice in Game 5 of the Eastern Conference Finals against the Tampa Bay Lightning tonight...
Thumbnail Blues vs. Sharks Game 4 Pick Can the San Jose Sharks stay tough at home and establish a commanding lead in the Western Conference Finals when they host the St. Louis Blues at...
Thumbnail Penguins vs. Lightning Game 4 Pick Can the Tampa Bay Lightning even up the Eastern Conference Finals against the Pittsburgh Penguins when...
More inNHL Articles  

NHL Team Pages