New York City, NY – The New York Rangers made a bold move by placing utility forward Barclay Goodrow on waivers as a strategic decision to address their cap space limitations. This decision marked the team’s first major change of the offseason, emphasizing financial flexibility over Goodrow’s contributions during the playoffs. Despite Goodrow’s value as a clutch performer in the postseason, the Rangers prioritized managing their salary cap with Goodrow’s $3.6 million annual price tag in mind.
Goodrow’s solid performance in the playoffs, including six goals and two assists in 16 games, highlighted his ability as a key player for the team. However, the financial constraints imposed by his contract led the organization to choose the route of placing him on waivers. This decision allows the Rangers to potentially clear his entire cap charge from their books if another team claims Goodrow.
With three years left on his current six-year contract, which includes a 15-team no-trade clause, Goodrow is now exposed to the waivers process. The Rangers can benefit from the cap flexibility that comes with this move, paving the way for potential roster adjustments in the future. The team has options to either send Goodrow to the minors, save money through a buyout, or explore trade possibilities to mitigate their financial obligations.
If Goodrow clears waivers, the Rangers have the option to send him to the minors and save $1.15 million in the short term. Alternatively, they could consider a buyout during the designated window after the Stanley Cup Final, with implications on their salary cap over the next few seasons. While a buyout presents some financial relief initially, it would result in dead-cap charges in subsequent years.
The Rangers’ decision to part ways with Goodrow underscores the complexities of managing a team’s roster amid salary cap constraints. By prioritizing financial flexibility, the organization aims to optimize their roster composition and navigate the evolving landscape of the NHL. As they look ahead to the offseason, the Rangers remain focused on maximizing their resources to position themselves for success in the competitive league.