He wasn't assigned to the AHL this season, allowing the Rangers to avoid paying him. He hasn't played a game since last spring. No NHL in 3ish years, no hockey in about a year, old, inconsistant and expensive? Baaaaaad idea.
Even after his likely buyout this summer, I just don't think he's earned anything more than an tryout at the September training camp. This season, he's not worth ANYTHING in a trade, even a bag of pucks is an over payment for him. NYR will simply bury him in the AHL again, since they'll have about 5.4 million left in cap space to sign Del Zotto. The Sens are unlikely to claim him on waivers, if waivers work the same way as last CBA, since it's counter to the type of budget they've been on for the last couple of years.