Wade Redden to be paid to sit

[radoran]

http://tracking.si.com/2013/01/12/new-york-rangers-wade-redden-permission/

Report: New York Rangers permit Wade Redden to seek trade

The Rangers have given defenseman Wade Redden’s agent permission to speak to other NHL teams and arrange a trade, according to Larry Brooks of the New York Post.

Redden, who will not be invited to camp by the Rangers, has two years remaining on a six-year, $39 million deal and is not in the team’s plans after playing the last two years in the minors. The previous collective bargaining agreement allowed the Rangers to keep his $6.5 million cap hit off the books by assigning him to the AHL. The new CBA, however, will not allow teams to hide big salaries — after the first $900,000 — in the minors, thus forcing the Rangers’ hand.