Staal + Smith
[TABLE="class: brtb_item_table"][TBODY][TR][TD]Season[/TD][TD]AAV[/TD][TD]Cap Penalty[/TD][TD]Net Savings[/TD][/TR]
[TR][TD]2019-20[/TD][TD]$10,050,000[/TD][TD]$3,870,833[/TD][TD]$6,179,167[/TD][/TR]
[TR][TD]2020-21[/TD][TD]$10,050,000[/TD][TD]$6,845,833[/TD][TD]$3,204,167[/TD][/TR]
[TR][TD]2021-22[/TD][TD]$0[/TD][TD]$2,345,833[/TD][TD]-$2,345,833[/TD][/TR]
[TR][TD]2022-23[/TD][TD]$0[/TD][TD]$2,345,833[/TD][TD]-$2,345,833[/TD][/TR][/TBODY][/TABLE]
Shattenkirk
[TABLE="class: brtb_item_table"][TBODY][TR][TD]Season[/TD][TD]AAV[/TD][TD]Cap Penalty[/TD][TD]Net Savings[/TD][/TR]
[TR][TD]2019-20[/TD][TD]$6,650,000[/TD][TD]$1,483,333[/TD][TD]$5,166,667[/TD][/TR]
[TR][TD]2020-21[/TD][TD]$6,650,000[/TD][TD]$6,083,333[/TD][TD]$566,667[/TD][/TR]
[TR][TD]2021-22[/TD][TD]$0[/TD][TD]$1,433,333[/TD][TD]-$1,433,333[/TD][/TR]
[TR][TD]2022-23[/TD][TD]$0[/TD][TD]$1,433,333[/TD][TD]-$1,433,333[/TD][/TR][/TBODY][/TABLE]
Buying out Staal or Smith alone doesn't get you the 2019-20 savings that buying out Shattenkirk does. Buying out both Staal and Smith gives you the most 2019-20 savings, but one reason the Rangers may have chosen against this is Dolan's out of pocket expense. Buying out Shattenkirk cost Dolan $5,733,333 in real dollars. Buying out Staal and Smith would have cost Dolan $9,383,333. Buying out Shattenkirk also hurts less in years three and four.
Source: CapFriendly