As an expert in the world of NHL finances, let’s delve deep into the New York Rangers salary cap and their cap space, a topic that fascinates every NY Rangers fan and financial analyst alike. The Rangers, renowned for their cap-friendly approaches, have always been a team to watch when it comes to managing their payroll.
The New York Rangers Salary Cap Explained
The salary cap in the NHL is the maximum amount of money that teams are allowed to spend on player salaries. For the New York Rangers, managing this cap is crucial for maintaining a competitive team. The Rangers have been adept at navigating these waters, often finding creative ways to remain under the cap while fielding a strong team. Their skill in managing the New York Rangers salaries and cap space is a testament to their front office’s acumen.
Rangers Cap Space: A Strategic Advantage
Cap space, essentially the amount of money a team has left to spend under the salary cap, is a critical asset. The Rangers’ approach to maximizing their cap space has allowed them flexibility in signing new players, retaining key talent, and making strategic trades. By maintaining a cap-friendly roster, the Rangers can maneuver more freely during the season, adapting to injuries, slumps, and other unforeseen challenges.
New York Rangers Payroll: Balancing Act Between Stars and Depth
A closer look at the New York Rangers payroll reveals a delicate balance. Allocating funds to star players while ensuring enough depth and talent throughout the roster is a challenging task. The Rangers have been able to attract top talent without compromising their depth, a key factor in their competitive edge.
The New York Rangers’ management of their salary cap and cap space is a critical component of their success. They’ve shown a consistent ability to be cap friendly, which is essential in today’s NHL.
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New York Rangers Salary Cap – Rangers Cap Space
| FORWARDS | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | TERMS | POS | AGE |
|---|---|---|---|---|---|---|---|---|---|
| Panarin, Artemi "A" | $11,642,857 | $11,642,857 | UFA | NMC | LW | 32 | |||
| Zibanejad, Mika "A" | $8,500,000 | $8,500,000 | $8,500,000 | $8,500,000 | $8,500,000 | $8,500,000 | NMC | C | 31 |
| Kreider, Chris "A" | $6,500,000 | $6,500,000 | $6,500,000 | UFA | M-NTC, NMC | LW | 33 | ||
| Trocheck, Vincent | $5,625,000 | $5,625,000 | $5,625,000 | $5,625,000 | $5,625,000 | UFA | NMC | C, RW | 30 |
| Chytil, Filip | $4,437,500 | $4,437,500 | $4,437,500 | UFA | C, LW | 24 | |||
| Smith, Reilly | $3,750,000 | UFA | RSM-NTC | LW, RW | 33 | ||||
| Kakko, Kaapo | $2,400,000 | RFA | RW | 23 | |||||
| Lafrenière, Alexis | $2,325,000 | RFA | LW, RW | 22 | |||||
| Carrick, Sam | $1,000,000 | $1,000,000 | $1,000,000 | UFA | C, RW | 32 | |||
| Edström, Adam | $846,667 | RFA | ELC | C, LW | 23 | ||||
| Cuylle, Will | $828,333 | RFA | ELC | LW | 22 | ||||
| Rempe, Matt | $820,000 | RFA | ELC | C, RW | 22 | ||||
| Vesey, Jimmy | $800,000 | UFA | RW, LW | 31 | |||||
| Brodzinski, Jonny | $787,500 | $787,500 | UFA | C | 31 | ||||
| TOTAL | $50,262,857 | $38,492,857 | $26,062,500 | $14,125,000 | $14,125,000 | $8,500,000 | 27.8 | ||
| DEFENSE | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | TERMS | POS | AGE |
| Fox, Adam | $9,500,000 | $9,500,000 | $9,500,000 | $9,500,000 | $9,500,000 | UFA | RD | 26 | |
| Trouba, Jacob "C" | $8,000,000 | $8,000,000 | UFA | M-NTC | RD | 30 | |||
| Miller, K'Andre | $3,872,000 | RFA | LD | 24 | |||||
| Jones, Zachary | $812,500 | RFA | LD | 23 | |||||
| Lindgren, Ryan | RFA | LD | 26 | ||||||
| Schneider, Braden | RFA | RD | 22 | ||||||
| TOTAL | $22,184,500 | $17,500,000 | $9,500,000 | $9,500,000 | $9,500,000 | 25.2 | |||
| GOALIES | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | TERMS | POS | AGE |
| Shesterkin, Igor | $5,666,667 | UFA | M-NTC | G | 28 | ||||
| Quick, Jonathan | $1,275,000 | UFA | 35+M-NTC | G | 38 | ||||
| TOTAL | $6,941,667 | 33 | |||||||
| DEAD CAP | |||||||||
| BUYOUT HISTORY (1) | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | 2029-30 | |||
| Richards, Brad | $0 | $0 | |||||||
| TOTAL | $0 | $0 | |||||||
| ROSTER & BURIED CAP HIT | $79,389,024 | $55,992,857 | $35,562,500 | $23,625,000 | $23,625,000 | $8,500,000 | |||
| DEAD CAP HIT | $0 | $0 | - | - | - | - | |||
| CARRYOVER BONUS OVERAGES | $512,500 | - | - | - | - | - | |||
| PROJECTED CAP HIT | $79,901,524 | $55,992,857 | $35,562,500 | $23,625,000 | $23,625,000 | $8,500,000 | |||
| SALARY CAP | $88,000,000 | $92,000,000 | $92,000,000 | $92,000,000 | $92,000,000 | $92,000,000 | |||
| PROJECTED CAP SPACE | $8,098,476 | $36,007,143 | $56,437,500 | $68,375,000 | $68,375,000 | $83,500,000 |
[…] a five-year, $26.75 million contract, the Rangers are left with under $500,000 in projected cap space for the start of the season, according to Brooks, and trading Holden would free $1.65 […]