With one of the most loaded free agent classes in NHL history expected to be available on July 1st this summer, teams around the league are scrambling to find cap space wherever each can. As of now, the New York Rangers are expected to have around $20 million in cap space when free agency opens before signing any of its restricted free agents.
With New York rumored to be in the mix for both Columbus Blue Jackets Forward Artemi Panarin and San Jose Sharks defensemen Erik Karlsson, the team would need to be creative to get up to the roughly $25 million in cap space it’d require to sign the pair of all-stars.