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2021-22 Rangers

What Adam Fox’s extension means for the Rangers

With Adam Fox’s extension, the Rangers are slated, as of now, to have just under $11 million in cap space with 15 players under contract. (Cap Friendly)

Ryan Strome, Greg McKegg and Kevin Rooney are slated to be UFAs.

Sammy Blais, Kaapo Kakko and Alex Georgiev are pending RFAs.


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Following the 2022-23 season, Alexis Lafreniere, Filip Chytil and K’Andre Miller will be RFAs.

Adam Rotter: With Mika Zibaneajd and now Adam Fox signed the Rangers will return to being a cap team starting next season. There has been a lot of speculation that Kaapo Kakko could be an offer sheet candidate because of the tight cap situation and with Montreal and Carolina trading offer sheets the last couple of years it isn’t as crazy as offer sheet talk usually is.

It’s not that the Rangers won’t have the space to sign him, they will, but how much of their limited cap space will it take and what will it leave to fill out the rest of the roster? There is the Ryan Strome factor as well. He has always seemed like a goner, but how do they replace him and his chemistry with Artemi Panarin? If they don’t have the space for Strome they won’t have it for another top-six center. Filip Chytil will need to step up or be traded and his $2.3 million would defray some of the new center’s cap hit.

Also, who will back up Igor Shesterkin? Georgiev is also likely a goner and the Rangers will have to rely on Benoit Allaire resurrecting another career for around $1 million or so.

The Patrik Nemeth contract seems like it could be bought out for $1 million in savings next year, $2.5 million the year after and then $1 million in cap charges the two-years after, but by that point many think the cap will be rising again.

The last part of this is that this current Rangers team still has basically a full season ahead of it, hopefully with playoffs, before Chris Drury really has to deal with any of this. They had to get Fox done, they had to get Zibanejad done, especially if the cost for Eichel was also going to be prohibitive, and now they will have to figure out how to move forward until the salary cap starts to rise again.