Late Monday Night, TSN Reporter Bob McKenzie tweeted out the news that CBC and Rogers had secured the English-language rights to the NHL for 12 years. The deal, worth $5.232 billion, will have wide ramifications.
One of these ramifications can affect the Rangers in a major way this offseason.
As Sean Gentille of the Sporting News reports, there will be a trickle-down effect to the new deal, which would raise the salary cap ceiling by $3 million, in 2014-15.
This is welcoming news to the Rangers. Heading into next season, Derick Brassard, Mats Zuccarello, Chris Kreider, Michael Del Zotto, Justin Falk, and John Moore will all be restricted free agents, while Ryan Callahan, Dan Girardi, Anton Stralman, Brian Boyle, Taylor Pyatt, Benoit Pouliot, Dominic Moore, and (most importantly) Henrik Lundqvist will be unrestricted free agents.
Bottom line, even with the possibliity of amnestying Brad Richards, the Rangers are going to need every dollar they can get.
MSG and Blueshirts fans have been praying the cap would rise and it truly will. With that, it gives the Rangers a bit more breathing room when it comes to signing their most important players come this offseason, as well as the possible upcoming extensions needed for others like Derek Stepan, Carl Hagelin, and Marc Staal, in the future (the $3M gives a head start on another raise in the cap the following year).
So maybe Canada is not all bad for the Rangers (well…lets avoid road trips to Montreal just in case).