UNSUPPORTED BROWSER
NHL

Report: Rangers buy out Brad Richards' contract

Photo: Rebecca Taylor/Getty Images

The 33-year old Richards had struggled to live up to his massive contract.

The rumblings had been heard for a while, but the Rangers finally bought out the remaining six years of Brad Richards' nine-year, $60 million contract, according to TSN's Pierre LeBrun. He will be paid more than $20 million over the next 12 years.

Richards' production fell in each of his three seasons in New York. He averaged 1.07 points per game in 2010-11, his final season with the Dallas Stars. But in three seasons with the Rangers, the 33-year-old averaged .80, .74 and .62 points per game.

For the second year in a row, Richards was demoted to the fourth line in the playoffs. The team also considered buying him out last summer, but ultimately decided against it.

The move helps free up cap space for the Rangers, who have several key players hitting the free agent market this summer.

More NHL

Close

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 4 easy steps:

  1. Click the Chrome menu on the browser toolbar.
  2. Select Bookmarks.
  3. Select Bookmark manager.
  4. Locate your current Sports Illustrated bookmark, click the Organize menu, then select Edit. You can now easily update the web address of your Sports Illustrated bookmark.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 2 easy steps:

  1. Click the Safari bookmark manager on the browser toolbar.
  2. This will open the Bookmarks Bar. In the Bookmarks Bar, select your Sports Illustrated bookmark and manually edit the Address field.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 3 easy steps:

  1. Click the Firefox bookmark manager on the browser toolbar.
  2. Select Show All Bookmarks.
  3. This will open the library window. In the Library window, select your Sports Illustrated bookmark and manually edit the Location field.

    Our updated web address is http://www.si.com.
Don't Show This Again