Ryan Rishaug reports that Darroll Powe and Arron Asham have been placed on waivers.
Powe and Asham are both signed for next season with a cap hits of $1.06 million and $1 million respectively.
The combined cap charge for both of them next season is $2.06 million and if the Rangers put both of them in the minors, via Larry Brooks in the NY Post, the team would only be charged with a combined total of $217,000 against the cap.
A player’s cap hit when he is sent to the minors on a one-way contract, via cap geek is, is the players cap hit minus the minimum salary + $375,000.
They have not been placed on waivers with the intention of a compliance buyout.