Dan Girardi Being Bought Out

Moments ago, the Rangers announced that they would be buying out the remainder of Girardi’s contract.  I find the move a bit surprising considering that they had not asked him to waive his NMC to help facilitate either a move to Vegas or a trade elsewhere. That being said, he had to come off the books somehow, and it was going to be expensive in either assets, dollar,s or both.  In this case, just dollars, and a lot of them. Girardi’s buyout costs are as follows (via CapFriendly):

SEASON SALARY INITIAL CAP HIT ACTUAL COST SAVINGS BUYOUT CAP HIT
2017-18 $4,000,000 $5,500,000 $1,111,111 $2,888,889 $2,611,111
2018-19 $3,000,000 $5,500,000 $1,111,111 $1,888,889 $3,611,111
2019-20 $3,000,000 $5,500,000 $1,111,111 $1,888,889 $3,611,111
2020-21 $0 $0 $1,111,111 -$1,111,111 $1,111,111
2021-22 $0 $0 $1,111,111 -$1,111,111 $1,111,111
2022-23 $0 $0 $1,111,111 -$1,111,111 $1,111,111

His buyout hit in year 1 is nearly the exact amount of money the Rangers would save if the reports regarding Kevin Klein retiring prove correct. Years 2 and 3 will be very painful, but the last three are pretty manageable.

Girardi was a great story (undrafted free agent) and warrior for the franchise, but his blood and guts play clearly has taken its toll on him.  Feel free to hare some of your favorite Girardi stories and/or jubilation that he will be off the team.

Clean Slate

Last post was getting pretty full.  Recent Rangers’ related news items:

  1. Staal and Girardi were not asked to waive their no movement clauses prior to the expansion draft.
  2. Keith McCambridge was named head coach of the Hartford Wolf Pack.  He was an assistant coach for the Wolf Pack last season after spending the past five seasons as head coach of the St. John’s Ice Caps/Manitoba Moose.  Not many Jets prospects became NHL contributors under McCambridge’s tutelage. Whether that’s his fault or the Jets’ fault for bad drafting remains to be seen.
  3. Taylor Beck, who is the AHL forward we acquired at the trade deadline from Edmonton, has reportedly signed a one year deal in the KHL.

OK, boys, HAV at it.

Stupid Penguins.

Carp’s Penguins are just one win away from repeating as Stanley Cup Champions. If only the ping pong balls in 2005 had gone differently, but then again, our franchise wasn’t bankrupt, in peril of moving, and just purchased by one of the game’s most legendary players (and crybabies) to help him recoup millions in unpaid salary.

You might say it was…RIGGED.

Continue reading “Stupid Penguins.”