Rangers officially buy out DeAngelo
The six-month saga between the New York Rangers and defenseman Tony DeAngelo has officially come to an end.
New York bought out the 25-year-old on Saturday, and he's now an unrestricted free agent.
The buyout for DeAngelo will go as follows, according to CapFriendly.
| Season | Initial cap hit | New cap hit | Annual cap savings |
|---|---|---|---|
| 2021-22 | $4.8M | $383K | $4.4M |
| 2022-23 | $0 | $883K | -$883K |
In February, former Rangers general manager Jeff Gorton announced that DeAngelo played his last game with the team.
The tumultuous situation came to a head due to a skirmish between DeAngelo and goaltender Alexandar Georgiev following the club's Jan. 30 overtime loss to the Pittsburgh Penguins. The franchise placed DeAngelo on waivers the following day.
DeAngelo went unclaimed and didn't suit up for another NHL contest during the 2020-21 season.
The Montreal Canadiens were reportedly interested in him in April, but he didn't accept. DeAngelo also reportedly rejected New York's offer to mutually terminate his contract - which would have allowed him to sign elsewhere as a free agent - opting to be bought out this summer instead.
New York signed DeAngelo to a two-year contract with an average annual value of $4.8 million beginning in the 2020-21 campaign. The blue-liner spent four seasons in the Big Apple.