Update: 4:47PM:

Larry Brooks tweets that a player with a no-movement clause can elect not to go on waivers before being bought out.

So that should mean that the Rangers can still buy him out before Thursday at 5PM

Update: 3:41PM:

Jesse Spector has more on this at the Daily News

Update: 2:37PM:

From what I hear, an NHL player can be placed on 24-hour unconditional waivers tomorrow and, if not claimed, be eligible for buyout Thursday—
Steve Zipay (@stevezipay) June 28, 2011

Zipay also says “My understanding is that a player with a no-move clause must be notified 24 hours before a buyout and can accept or request a waiver”

Original Post: 12:39PM

Steve Zipay and Andrew Gross both tweet that the Rangers have not placed Chris Drury on waivers today.

This is a bit of a shock, at least to me.

Today was the deadline for the Rangers to put Drury on waivers to buy him out before Thursday’s deadline.

It was reported over the weekend that Drury was likely to accept the Rangers buyout.