News: Ryane Clowe Signs With New Jersey

Ryane ClowePierre LeBrun tweets that the Devils have signed Ryane Clowe to a five-year deal with a cap hit of $4.85 million per season.

The Rangers will send a fifth round pick in 2014 to San Jose to complete their trade for Clowe. Had they re-signed Clowe, they would have sent their second round pick in 2014 to SJ.

Clowe said on TSN that it’s exciting for him to be a Devil. I went to NY and felt my game was coming around. I hit my stride in NY, I enjoyed it there. They had cap issues and I couldn’t go back there, but I had a great time and felt my game was coming back to me.”

THIS SECTION is all about Clowe.

1:15PM: Katie Strang says that there was mutual interest in Clowe returning but there was just no room to sign him.

Read: Ryane Clowe Is A Risky Free Agent

Ryane Clowe2At ESPN Insider, Craig Custance lists Clowe 15th in his free agent rankings and said that Clowe was very sought after at the trade deadline and that while durability is starting to become a concern, Clowe could be a very rewarding player for the team that signs him.

He notes that the Rangers would love to keep Clowe but their lack of salary cap space and keeping Brad Richards for this season has erased almost any chance of that.

Frank Provenzano, who spent the past six seasons as an assistant GM with Dallas, writes at ESPN that Clowe is one of the riskier free agents on the market because of his up and down season and that because of his past history as an effective player, he may be seeking more money than the contract Bryan Bickell (4 years and $16 million) just signed.

The Rangers have spent the past few days trying to trade the negotiating rights to Clowe.

Clowe, when he was being traded by San Jose, was reportedly looking for an eight year contract in the range of $34 million.

He suffered two concussions during his time with the Rangers but has been cleared by the doctors.

THIS SECTION has all the info on Clowe and his contract.

Buzz: The Rangers Are Trying To Trade Ryane Clowe’s Rights

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8:59PM: Katie Strang writes that there are many teams interested in acquiring Clowe’s rights and that the Rangers are likely looking for a pick in return.

8:27PM: According to Pierre LeBrun, the Rangers have told teams that they are willing to trade the negotiating rights of Ryane Clowe.

Clowe will become a UFA on July 5 and the Rangers don’t appear to have the cap space to sign him.

THIS SECTION is all about Clowe’s future.

Read: Where Brad Richards Leaves Ryane Clowe

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2:54PM: Pierre LeBrun spoke with Ryane Clowe who said that he isn’t sure what is going to happen with him and the Rangers. He said that Clowe loves NY but that the Rangers don’t have a lot of cap room.

9:29AM: In the NY Post , Larry Brooks writes that the Rangers will have around $2 million in cap space after they sign Mats Zuccarello, Carl Hagelin, Ryan McDonagh and Derek Stepan.

The Rangers are in this position because they have decided to keep Brad Richards and his cap hit of $6.67 million.

Because of this, Brooks says “say goodbye” to UFA Ryane Clowe.

 THIS SECTION is all about Clowe and his future.

Adam Rotter: The Rangers are going to have to be creative and make a move or two if they want to bring back Clowe. The money is going to be tight and the Rangers still need to add a defenseman or two, especially if they do decide to move Michael Del Zotto, but if Clowe wants to stay with the Rangers and understands the position the Rangers are in with their cap, they can make it work.

Buzz: Ryane Clowe Talks May Start Again

Ryane Clowe1Earlier this week it was reported that Rangers winger Ryane Clowe has been cleared of his concussion symptoms and Pat Leonard writes in the Daily News that the Rangers are expected to resume talks of a new contract with Clowe.

Leonard says that Glen Sather was waiting for Clowe to be cleared by doctors before talking about a new contract.

He adds that with his concussion issues this past season the Rangers are expected to ask Clowe for a discount on the cap hit he had last season of $3.625 million.

Clowe suffered a concussion in the Rangers win over Carolina on 4/25 and returned to the lineup for game four against the Capitals.

In game five, Clowe played 1:55 and didn’t return for the rest of the playoffs after taking a hit from Jason Chimera that also resulted in a concussion.

On breakup day, Clowe said “I’m open to negotiate to find a way to stay here. I enjoyed it here. You start to develop a bond with the team and the guys. I feel like this team has the nucleus and core and you have Hank in the net. Everyone wants to win in NY.”

A new contract for Clowe would cost the Rangers a second round pick in next years draft.

57% of readers want Clowe to return depending on the contract that he signs.

THIS SECTION is all about Clowe and a new contract.

Read: Signing Ryane Clowe Would Cost A Second Round Pick

Ryane Clowe1In the NY Post, Larry Brooks writes that the idea of signing Ryane Clowe comes down to more than just money.

He notes that Clowe had two concussions with the Rangers since being acquired and is believed to have suffered one in San Jose before the deadline.

The Rangers sent a second round pick and a third round pick in this year’s draft and if they re-sign Clowe then they have to send a second round pick in 2014 to San Jose. If the Rangers don’t re-sign Clowe then they send a fifth round pick to San Jose.

Brooks says that Clowe was struggling to keep up with the pace when he was healthy and that this price is “way too costly, by any measure.”

57% of readers want Clowe to return depending on the contract that he signs.

THIS SECTION is all about Clowe.