Rangers Go Over

If the numbers here are correct, the Rangers are now about $1.7 million over the salary cap after they accepted Sean Avery's arbitration award today. The Rangers can stay in this position over the cap until October 1st when they must immediately get under the cap.

It doesn't look to be easy for the Rangers either as Shanahan chews up $5.3 million of cap space despite a $2.5 million salary because he's over 35 (his bonuses from last season apply towards this season's cap). Though as the Genius Manager in New Jersey has shown us, there is all sorts of chicanery that can be pulled to relieve pressure from the cap.