Cap Increasing; Increases Rangers Likelihood of Spending Spree?

Any Rangers fans that thought the Rangers would be relatively inactive during the free agent frenzy starting July 1st, well you were probably going to be wrong and if you weren’t wrong before the news broke about an increasing cap limit then you certainly are now.

NHL Deputy Commissioner Bill Daly, speaking at a Lawyers’ conference in D.C. recently discussed the increase in league revenues and he also made mention of likely cap increases. The revenue for the league expects to rise, close to $3 billion, up from $2.7 billion.

“It appears our salary cap will be going up.” Projects new cap will be $60.5M to $63.5M, up from $59.4M this yr.

So, looking at the middle ground as a safe bet the cap could be close to $62m, up considerably from the current limit of £59.4 million. What does this mean for the Rangers? Well simply put, potentially a great deal. The Rangers do have important roster players to re-sign in Callahan, Dubinsky, Anisimov and Boyle (among others) yet looking specifically at Callahan and Dubinsky – even if they more than double their salaries there will be a lot of money left. This cap increase of course has a knock on effect throughout the line up. Chris Drury’s potential buy out becomes easier to absorb (making it more likely?), Wojtek Wolski and players such as Erik Christensen’s future may also be under threat. So much, so many players are affected by the final cap figure.

The Rangers have a big decision to make. If Sather and his team think the core is set and it ‘merely’ needs some top level talent added to it to become a serious contender in the East you may indeed see the likes of Drury jettisoned. With the extra cap space Drury’s departure creates, in addition to the cap space created by the truly awful circumstances around Derek Boogaard the Rangers may become very aggressive in free agency. Given Sather’s free agent dealings in the past however, that makes many fans nervous and for good reason when you think of Redden, Wade and Gomez, Scott to name a few. Of course the Rangers may not be active in free agency……. (Tumbleweed)

The Rangers are almost certainly going to go after Brad Richards. The extra cap space the aforementioned cap fall out creates could see Sather also go after a defenseman such as Kevin Bieksa, Christian Ehrhoff, Tomas Kaberle, James Wisniewski or Joni Pitkanen to name a few. Of course all this speculation about cap space then spirals out of control. Would the Rangers consider going after restricted free agents? Cap space, depth in the organisation and picks may allow Sather to deal for a star such as Shea Weber or an underperforming elite talent such as Zach Bogosian. The mind wanders with all this talk of spending money. All that is left is for the cap figure to be finalised and to watch what Sather does next. Nervous?