NHL

Drury's contract bought out by Rangers

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Updated Jun 29, 2011 5:07 PM ET
     
 

NEW YORK (AP)

The Rangers are buying out the final year of captain Chris Drury's contract, making the veteran forward an unrestricted free agent after four seasons in New York.

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The move announced Wednesday will give the Rangers some salary cap relief for the upcoming season and could help them sign long-coveted Dallas Stars center Brad Richards, who is expected to be the best available player in the unrestricted free agent market that opens Friday.

Drury will be given $3.333 million for the buyout that closes the five-year, $35.25 million deal he signed with the Rangers after leaving Buffalo as a free agent in 2007.

The buyout will leave the Rangers with a salary-cap hit of $3.717 million next season and $1.667 the following season, under the current collective bargaining agreement with the NHL and the players' association. That agreement is in effect for one more season.

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