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New York Rangers: A deep dive into the salary cap situation

For what seems like the first time in the salary cap era, the New York Rangers actually have money to spend. They can make a splash on July 1 when the free agent market opens. Although this isn’t the greatest free agent class, there are some impact players available who could get the team into playoff contention while Henrik Lundqvist is still an elite goaltender.

The key question is the definition of the “rebuild.” If you look at the payroll for the roster that ended last season there is enough cap space to make some additions. The question is what is needed to improve a team that over the last six weeks of the season went 7-8-2.