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New York Rangers: Explaining how buyouts work

In most cases, life doesn’t have a do-over button or an eraser. Blow a negotiation at work that your company has to live with for years to come? You’ll hear about it until you retire or leave the job. However, the sports world is littered with non-real world solutions to mistakes. The New York Rangers could do worse than breaking out a magic eraser on its books.

Now, anytime someone vilifies a player for being overpaid, they’re letting ownership get away with a mistake. It’s not the player’s fault that an organization was willing to go above the market price to procure their talent.