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NY Rangers trade Ryan Reaves for Minnesota Wild to remove cap > Minnesota

The move needed by the New York Rangers to clarify the salary cap came to fruition on Wednesday.

In many ways it was a best-case scenario.

Trading Ryan Reaves for the Minnesota Wild in exchange for a fifth-round pick in 2025 saw Rangers team president Chris Drury lose the veteran forward’s full cap hit of $1.75 million.

In an instant, the once capped blueshirts went from around $200,000 in cap space to just under $2 million. More importantly, they can amass over $6.6 million in cap space by the March 3 trading deadline, assuming they can maintain a 22-man roster, rather than being limited to the 23-man maximum, according to PuckPedia to expand

According to a person with knowledge of the situation who spoke to, part of the USA TODAY Network, Reaves requested the trade while the team was in Los Angeles earlier this week.