Bobby Bevilacqua

Jeff Gorton should be applauded for his handling of the Rangers’ RFAs this offseason, but he still has some big decisions ahead. Photo courtesy of Getty Images.

Jeff Gorton and the Rangers have been very busy this week, signing almost all of their restricted free agents to new deals, and leaving valuable cap space open for the future. Gorton signed or re-signed Dylan McIlrath (article HERE), Magnus Hellberg (article HERE), JT Miller and Jesper Fast (article HERE), and Oscar Lindberg and Emerson Etem (article HERE).

What’s even better is that all of the players signed below what was their expected value. Oscar Lindberg, Emerson Etem, Jesper Fast and JT Miller signed for a combined cap hit of just $3.325 million. Now that’s great asset management.

If all of the listed cap hits are right, the Rangers have about $6.925 million left in free space. But that number, believe it or not, is realistically a bit higher. Also assuming that Dylan McIlrath ($600k) doesn’t make the team, and that Jayson Megna ($600k) is an AHL depth player, which is very likely, you can bump the Rangers available cap space to around $8.125 million. That’s a lot more than anyone thought the Rangers would have at this point. Read the rest of this entry →