Thursday, June 20, 2024

Is Chris Drury Done?



That Chris Drury was looking to shed salary going into the offseason should come as no surprise to anyone familiar with this team's cap situation. After re-signing Kaapo Kakko to a one-year extension worth $2.4 million, the New York Rangers had $10 million in available cap space, per Puckpedia, with 18 players - 12 forwards, 4 defensemen and 2 goalies - signed for the 2024-25 season. Assuming he re-signs Ryan Lindgren and Braden Schneider, both of whom are RFAs, that will increase the number of signed players to 20, two below last season's roster total.

Let's say Lindgren agrees to a 3-year extension at $4.5 million per, and Schneider agrees to a two-year bridge deal at $2.5 million per. That reduces the available cap space Drury has to work with to $3 million. For a President and GM who said at his last press conference that "everything was on the table," $3 million doesn't go as far as it used to. Remember last year's offseason when the cap-strapped Rangers were forced to shop at the bargain basement? No? Do the names Nick Bonino, Blake Wheeler, Erik Gustafson, and Tyler Pitlick ring a bell?

Well, this time around, Drury wasn't going to let that happen. So on Tuesday, he waived Barclay Goodrow and his $3.64 million contract. And the following day, the San Jose Sharks claimed him off waivers. To say Goodrow was displeased would be putting it mildly. Seems the 31 year-old forward had a 15-team no trade clause and apparently the Sharks were on it. Oh, well.

To be honest, I'm impressed Drury went the waiver route instead of a buyout. The latter would've allowed Goodrow to sign with any team he chose while netting the Blueshirts $247,222 in cap space this coming season. But it also would've shackled the organization with cap hits ranging from $1 million to $3.5 million over the following five years. Clearly, Drury didn't want to repeat the same mistake his predecessor Jeff Gorton made when he bought out the contracts of Dan Girardi and Henrik Lundqvist.

Now for the sixty-four thousand dollar question. Is Drury done, or is Goodrow the first of several high-priced contracts headed for the exit? That depends on how he feels about this core. Does it need a tweaking or a partial teardown? If I had to guess, I'd lean more towards the former. Remember, this is a team that played most of the season with only two legit centers and no 1RW, yet still won the Presidents' Trophy. And as I pointed out in my last piece, had they not had the misfortune of going up against the Florida Panthers in the Eastern Conference Finals, the Rangers would now be battling the Edmonton Oilers for the Stanley Cup. As disappointed as Drury was at how the season ended, I'm quite certain he knows that.

Having an extra $3.64 million in the kitty could mean the difference between signing a top-six forward or a bottom-six forward. Just imagine how good this team might be next season with a bonafide right wing on the first line and a healthy Filip Chytil centering the third. You can bet the ranch Drury's imagining it. That's why I don't think we're looking at wholesale changes here. Assuming Lindgren isn't unreasonable with his contract demands, I expect Drury will use the lion's share of his cap space to go shopping for an elite scorer to play on Mika Zibanejad's right side. While that won't be enough to land Jake Guentzel, it might be enough to get Jonathan Marchessault or Jake DeBrusk. And if those two prove too costly, there's always Patrick Kane as a fallback. The last time "Showtime" was on Broadway it bombed royally. But maybe playing a full season for a coach like Peter Laviolette who can incorporate his talents into this lineup will be just what the doctor ordered.

How does this roster look?

Forwards:
Kreider - Zibanaejad - Kane / Marchessault / DeBrusk
Panarin - Trocheck - Lafreniere 
Othmann - Chytil - Kakko
Cuylle - Brodzinski - Vesey
Rempe
Defensemen:
Lindgren - Fox
Miller - Schneider
Jones - Trouba
Mackey
Goalies:
Shesterkin - Quick

While some fans may be disappointed that Jacob Trouba will still be here next season, the fact is I don't think there's an appetite within the Rangers organization to move on from him. A buyout would mean a dead cap hit of $4 million for the next two years - a non-starter - and a trade, assuming Drury can find a willing partner that has the cap space and isn't on Trouba's no trade list, would be nothing more than a salary dump. Period. Besides, when fully healthy, number 8 brings certain things to the table that will be hard to replace. Drury already got rid of one leader in the locker room; I doubt he's willing to vanquish another.

Of course, I could be dead wrong. Maybe Drury has a couple more moves up his sleeve before free agency begins. I guess we'll know soon enough, won't we?



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