Rangers’ GM made ‘ruthless’ move to clear cap space

   
NHL: Stanley Cup Playoffs-New York Rangers at Florida Panthers
Credit: Sam Navarro-USA TODAY Sports

As the New York Rangers gear up for a pivotal offseason, general manager Chris Drury is making calculated decisions to strengthen the team’s championship aspirations. Managing the salary cap effectively is crucial for adding impact players, a strategy that Drury is currently executing.

Rangers’ Cap Space Management with Goodrow’s Waiver

May 26, 2024; Sunrise, Florida, USA; New York Rangers center Barclay Goodrow (21) celebrates after scoring against the Florida Panthers during the second period in game three of the Eastern Conference Final of the 2024 Stanley Cup Playoffs at Amerant Bank Arena. Mandatory Credit: Sam Navarro-USA TODAY Sports
Credit: Sam Navarro-USA TODAY Sports

In a tactical move, Drury recently waived veteran Barclay Goodrow, effectively clearing a $3.642 million cap hit from the team’s finances. Goodrow was under contract until the 2026–27 off-season, and this maneuver has opened up vital cap space that could be the difference in securing new talent.

Despite a disappointing regular season where Goodrow scored just four goals and tallied eight assists in 80 games, finishing with a -13 plus/minus, he excelled in the postseason by scoring six goals in 16 playoff games. This performance highlights the complexity of the decision to waive him.

Controversial Decisions and Team Dynamics

May 26, 2024; Sunrise, Florida, USA; New York Rangers center Barclay Goodrow (21) looks on after scoring against the Florida Panthers during the second period in game three of the Eastern Conference Final of the 2024 Stanley Cup Playoffs at Amerant Bank Arena. Mandatory Credit: Sam Navarro-USA TODAY Sports
Credit: Sam Navarro-USA TODAY Sports

The decision to waive Goodrow, who had a no-move clause that included 15 teams—one being the San Jose Sharks—was seen as “ruthless” by some, including New York Post reporter Larry Brooks. The Sharks claimed Goodrow off the wire, a move that underscores the Rangers’ focus on building a competitive roster without prioritizing sentimentality in player relationships.

“Drury and the hierarchy reached the conclusion that the Rangers needed to remove Goodrow’s $3,641,667 cap hit — through 2026-27 — from the ledger in order to compete for a championship. So they acted in cold blood.”

Larry Brooks of The New York Post

Looking Ahead: Rangers’ Off-Season Strategy

May 7, 2024; New York, New York, USA; Carolina Hurricanes center Sebastian Aho (20) takes a shot against New York Rangers goaltender Igor Shesterkin (31) in front of Rangers defenseman Ryan Lindgren (55) during the first overtime of game two of the second round of the 2024 Stanley Cup Playoffs at Madison Square Garden. Mandatory Credit: Brad Penner-USA TODAY Sports
Credit: Brad Penner-USA TODAY Sports

This offseason is ripe with opportunities for the Rangers, who are in dire need of an additional offensive threat. The team is also planning to extend contracts for key players such as Igor Shesterkin and Ryan Lindgren. The extra financial flexibility gained from Goodrow’s departure positions Drury to be more creative and less constrained in his approach to building the team for the upcoming season.