Rangers waive Goodrow with 3 years left on deal

The New York Rangers have placed veteran forward Barclay Goodrow on waivers, per Sportsnet's Elliotte Friedman.

Goodrow has three years remaining on his contract with an annual cap hit of $3.641 million, and the Rangers are aiming to create cap space by making him available to other teams for free.

If Goodrow goes unclaimed, the Rangers could buy him out, which would save them $3.88 million next season. However, New York would incur $1.11 million in dead money for three years beginning in 2027-28, according to CapFriendly. The NHL's buyout window opens 48 hours after the Stanley Cup is awarded.

Goodrow has played a bottom-six role much of his career and posted 12 points in 80 games for the Rangers this season. The 31-year-old did have a strong playoff run, though, notching six goals in 16 appearances as New York reached the Eastern Conference Final.

Before signing a six-year deal in New York, Goodrow also won back-to-back Stanley Cups with the Tampa Bay Lightning.

The Rangers have approximately $9.2 million in cap flexibility this summer. The club's prominent restricted free agents are defensemen Ryan Lindgren and Braden Schneider, while star goaltender Igor Shesterkin is eligible for an extension as of July 1.