Tuesday, July 19, 2011

Rangers Lose $527K In Cap Space Due To Bonus Overages

Every dollar in cap space is critical for the New York Rangers right now as they look to sign both Brandon Dubinsky and Ryan Callahan long-term while making other roster decisions.  According to Larry Brooks of the New York Post the Rangers lost some of that space under the $64.3 million 2011-12 cap having encountered $527,000 in bonus overages last season.  That amount leaves the Rangers with $10.64 million under the cap which is plenty for Dubinsky and Callahan, but makes the rest of the roster get tight.  For example, if Tim Erixon makes the team out of camp that is another $1.75 million against the cap and that doesn’t even count a veteran defenseman if the Rangers do bring back Steve Eminger as was rumored earlier this afternoon.

The $527,000 could have been a lot worse for the Rangers as there was a potential of $3.8 million in bonuses from players on last year’s roster, but every dollar counts and this makes this slightly more difficult for New York.  The Rangers do have extra forwards right now and the alleviation of Erik Christensen through trade or demotion or Wojtek Wolski through buyout or trade would certainly give more breathing room under the cap.