Update 1/18: Well, Redden didn’t stay on the open market. This afternoon he inked a 1 year deal worth $800,000 with the St. Louis Blues. It’s unclear when Redden’s first NHL action in since the end of the 2009 season, but he will definitely not play in the Blues home opener.
Former Rangers traffic cone defenseman Wade Redden unsurprisingly cleared waivers this afternoon and late tonight it was reported that the Rangers have gone ahead and bought him out. This is an accelerated compliance buyout that teams are allowed 2 of in the next two seasons.
Redden’s cap hit of $5.6 million will count on against the Rangers cap this season, but he is no longer a member of the Rangers, and is free to seek employment with other clubs.
Rangers on the Fly 