Sunday, June 26, 2011

Rumor: Drury Leaning Towards Accepting Buyout

The back and forth in what will happen with Chris Drury continue.  It started with the Rangers planning to buyout Drury this month and save $3.33 million off the 2011-12 cap.  Last week it was reported that the Rangers would not be able to buy out the contract because of a degenerative condition in Drury’s knee and that the option would be to place him on long-term injury replacement (LTIR) this fall.

Today we are back closer to where we started as Larry Brooks of the New York Post is reporting that Drury is leaning towards accepting the buyout.
For after Drury suggested a week ago that he was going to apply for a designation of being medically unable to play next season because of a degenerative condition in his left knee, the captain is now leaning toward accepting a buyout, according to individuals familiar with the situation.

The deadline for buyouts is Thursday, but procedure dictates a player must be placed on, and go through, unconditional waivers after official notification of the intent to buy out. The Rangers would have to place Drury on waivers no later than Tuesday in order to comply with procedures.
Based on those requirements we will know one way or the other on Drury by Tuesday and then the speculation can stop.  If Drury is healthy enough and has the desire to try and continue his career in the NHL career, then he will accept the buyout and look to catch on with another team this season.