Girardi could waive his NMC for the expansion draft in return for the Rangers not buying him out for 17-18. That's assuming G can make it through the season in one piece. McPhee is not taking that contract. If G is destined for long term IR,he can waive the NMC. Spend the next 3 seasons collecting his money. That's still a tough situation for the Rangers. They only benefit if they are at or near the upper limit.
true, then all the rangers would have to do is go to arbitration then buy him out during the 2nd buyout period.
Nobody will want that contract--G has been trending down for 3 years now, and he's only going to get worse. Even if he "rebounds" to 2013-14 levels, he's still horrible, and a cap nightmare.
The only other thing that could happen is the rangers could ask him to retire then provide him with a job within the organization. This gives Dan a sort of "life-after-hockey" outlook, and he's able to keep his family in NY.
Otherwise, if the Rangers buy him out Dan is forfeiting 33% of his remaining money, and I can't see him getting another contract AND moving his family just to play one more year in the NHL only to be demoted to the minors.