Rangers will not buy out Brad Richards' contract

Brad Richards will be with the New York Rangers for at least one more year. (USATSI)
Brad Richards will be with the New York Rangers for at least one more year. (USATSI)

More NHL offseason: Rumors | Top 50 Free Agents | Top 50 Prospects | Mock Draft

One of the big questions the New York Rangers had to answer this offseason was whether or not they would use one of their cap compliance buyouts on center Brad Richards.

After some internal debate, the team has decided it will not use its remaining buyout on Richards and that he will remain with the team heading into the 2013-14 season, the team announced on Friday.

The Rangers already used one of their two buyouts on defenseman Wade Redden. It's possible they could use their other buyout next summer.

Richards, 33, still has seven years remaining on the nine-year contract he signed with the Rangers in free agency before the 2011-12 season. His deal carries a salary cap hit of $6.67 million per season.

His offensive production has been steadily trending downward the past few seasons, which is to be expected of a player already into his 30s. Still, even though he's not the player he once was when he was one of the cornerstones of a Stanley Cup winning team in Tampa Bay, he can still provide quality play. He's the type of player who might have a bad contract but isn't necessarily a bad player. 

He scored 11 goals to go with 23 assists in 46 games for the Rangers in 2013.

CBS Sports Writer

Adam Gretz has been writing about the NHL and taking an analytical approach to the game since the start of the 2008 season. A member of the PHWA since 2015, he has spent more than three years covering... Full Bio

Show Comments Hide Comments
CBS Sports Shop
NHL Winter Classic
Our Latest Stories