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Rangers place Redden on waivers for purpose of buyout

TSN.ca Staff

1/16/2013 12:22:44 PM

With the new accelerated compliance buyout in mind, the New York Rangers placed defenceman Wade Redden on unconditional waivers on Wednesday for the purpose of buying him out.

Redden has played the last two seasons with the Connecticut Whale of the AHL but according to his agent Don Meehan, he would prefer to be playing in the NHL.

"Yes, (he) is anxious to resume play in the NHL," said Meehan on TSN Radio 1050's Cybulski and Company. "If the opportunity affords itself he'd very much like that."

The new policy adopted on Tuesday allows teams to buy out one player with at least a $3 million average salary and incur a full cap hit this season, but no cap hit in the future.

If Redden clears waivers on Thursday at Noon et, the Rangers will exercise their one accelerated compliance buyout.