Teams haven’t been shy in shopping their cap space. NJD, Det and SJ have all been used as a broker to remedy cap issues to this point. The NYR have approximately $9 mil in space and are among those clubs willing to facilitate financially complex trades as well.
— Darren Dreger (@DarrenDreger) April 12, 2021
The Rangers accrued this cap space with shrewd taxi squad maneuvering all season. They also benefited from Tony DeAngelo’s removal and Brendan Lemieux’s trade, which freed up close to $2.5 million in cap space.
This is also likely the reason why the Rangers haven’t called up Morgan Barron from the AHL yet. The Rangers want their cap space to potentially add assets at the trade deadline.