Friday, August 10, 2007

Peca could join Rangers today

Michael Peca wants to jump aboard the Rangers' bandwagon. He expects to find out today whether the feeling is mutual.

Peca's agent, Don Meehan, told the Daily News last night that he has been talking to only the Rangers in recent weeks regarding a deal for the two-time Selke Trophy winner. And Meehan said he expected Rangers GM Glen Sather to inform him today whether the club wanted to slot in Peca, 33, as the checking center behind free-agent prizes Scott Gomez and Chris Drury.
The only way this can happen is if Peca comes in at a fairly low salary given the Rangers' cap situation. He's also still in discussions with Toronto, but the figures there aren't high either.

Peca's much like Danny Markov in that there aren't that many teams left looking for players with a substantial salary, and with training camps set to open in around four weeks, time's running out.

Thanks to John for the link.


At 1:09 p.m., August 10, 2007, Anonymous Anonymous said...

I bet the Rangers get to exceed the cap and are able to use other teams unalloted cap dollars.

At 1:17 p.m., August 10, 2007, Blogger Chemmy said...

I don't see how the Rangers have room to add Peca.

At 1:22 p.m., August 10, 2007, Anonymous Anonymous said...

Apart from the cap issues, its interesting to watch how the composition of the Ranger's 23 man roster has changed over the years.

After failing with big name talent, the Rangers reverted to a roster filled with young Euros.

Now it appears, with the signings in the past two years of Drury, Gomez, Avery, Shanahan, and now possibly Peca, Sather has reverted back to big name, middle aged North American players.

It will be interesting to see how Tom Rennie adjusts to this change. He is well suited to coaching young Euros. How will he fair coaching big name North American players? His past record is rather mixed on this score.

At 1:35 p.m., August 10, 2007, Blogger danae said...

The difference is the Rangers are now signing middle-aged players with character...ok, maybe except Avery.

At 2:02 p.m., August 10, 2007, Anonymous Frank said...

"I don't see how the Rangers have (cap) room to add Peca."

Actually they do, however the strategy is risky.

According to, the Rangers have 21 players signed at approximately $52 million. If they add Peca at $2 million this gives them a complete 22 man roster at $54 million.

To get under the cap they will trade Kasparatis away for "a bag of pucks" or assign him and his salary to the AHL, and replace him with Marc Staal or Girardi - for a NET salary saving of $2.2 million.

Then they will carry over Shanahan's $2.8 million of performance bonuses to 2008/09.

These two moves save $5 million taking this year's cap number down to $49 million vs. the $50.3 million maximum cap. This gives them enough wiggle room to cover short term injuries during the season - but they will have little room to add strength or depth at the trade deadline. Hence the risk of such a "tight" cap strategy.

Also, net year becomes a problem as the $2.8 million of Shanahan's bonuses will have to be paid then. If the cap increases only $3 or $4 million next year the Rangers will really be up against it.

However, Sather's strategy appears to be to take a run at the cup this year and worry about next year - next year!

At 2:19 p.m., August 10, 2007, Anonymous Anonymous said...

Cap is not going to go higher next year unless Canadian dollar keeps rising against greenback.

NHL is not creating new revenues but six Canadian teams are more profitable due to a CADs value.

Six Canadian teams account for 30% of NHL's total revenue.

BTW, Shanny and Jags were making fun of Renney almost daily during the season. And not behind his back but during practises and meetings.

At 3:13 p.m., August 10, 2007, Blogger Nick said...

How are the wings "up against the cap" w/respect to Markov? I think that it has more to do with the fact that Detroit doesn't need to go out of their way to sign Markov with their current lineup... Maybe if Chelios had retired...

At 3:21 p.m., August 10, 2007, Blogger James Mirtle said...

Putting Markov on a $3-million+ deal over a few years would put the Red Wings up in the $48.3-million range for payroll. That's not exactly 'comfortable' territory — especially if you want to add someone at the deadline.

At 4:17 p.m., August 10, 2007, Blogger mike said...

Sean Avery has plenty of character...and it's all nefarious.

At 8:31 p.m., August 10, 2007, Anonymous Anonymous said...

"According to, the Rangers have 21 players signed at approximately $52 million. If they add Peca at $2 million this gives them a complete 22 man roster at $54 million."

Can we kill this notion that the Rangers are at $52 million once and for all? It's been parroted as fact, and it couldn't be more wrong.

That set of calculations includes Kasparaitis - who will be playing with the Rangers only as an absolute last resort [read: if no one else can possibly suit up to play defense ... including Joe Stiff in the stands]. It also includes only 11 forwards - where's Anisimov [who likely will make the team by most accounts]? Where's Marc Staal [who will make the team long before Kasparaitis]? Where's Callahan [who some think will make the team]?

They're not included in that calculation ... yet a guy who clearly isn't going to make the roster is. Great logic.

Of course, how much cap space the Rangers really have going into Opening Night is completely dependent on what one thinks the roster will be when the season starts - which means one can show the Rangers have anywhere from no cap space to $9 million or more. But to believe they're currently over $50 million [and especially as high as $52 million] is so patently wrong, it's not funny. It's grossly inaccurate.

At 4:52 p.m., August 15, 2007, Anonymous paul said...

i think its a done deal... nhl line is reporting the rangers have signed peca for 1 year...


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