What the potential salary cap range means for the Rangers

The NHL announced at the GM meetings that their salary cap projection for the 2020-21 season is somewhere between $84 million and $88.2 million depending on their negotiations with the NHLPA. (Seravalli)

The salary cap for this season is $81.5 million.

As of now, the Rangers have $67.1 million committed cap hits for next season from 15 players.





As of now, a salary cap of:

  • $84 million would give the Rangers $16.8 million in cap space
  • $86.4 million would give the Rangers $19.29 million in cap space
  • $88.2 million would give the Rangers $21 million in cap space

The Rangers pending UFAs are:

  • Jesper Fast, Greg McKegg, Micheal Haley

The Rangers pending RFAs are:

  • Ryan Strome, Phil Di Giuseppe, Brendan Lemieux, Tony DeAngelo and Alex Georgiev

All of the pending RFAs have arbitration rights.

The Rangers will have three buyouts count against their cap next season, Kevin Shattenkirk: $6.083 million, Ryan Spooner: $300,000 and Dan Girardi: $1.11 million.

Adam Rotter: The Brady Skjei trade was made for the sole reason of clearing up cap space and retaining as much flexibility as possible. The big focus of the Rangers cap space will be on how much of it, if any, goes towards long-term deals for Ryan Strome and/or Tony DeAngelo. Both are having career seasons and will get somewhere between $5 million and $6 million on their next deals. There are some around the league who wonder if their long-term future is with the Rangers, but the Rangers should have the space to keep them, and re-sign others, if they choose.

The other focus will be on how much more, if any, cap space opens up through buyouts of Marc Staal, Brendan Smith or Henrik Lundqvist. Each will be entering the final-year of their contracts so the buyouts will only be spread over two-years, but I think the Rangers would prefer to get out of the buyout business if possible. Lundqvist could also free up $8.5 million on the cap a year ahead of schedule if he decides to retire, but his future and Georgiev’s still seem up in the air for now. With a limited UFA class it’s unlikely the Rangers will have the cap space or desire to shop in there except for depth pieces.