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Rangers buy out Wade Redden

Updated: January 17, 2013, 7:13 PM ET
By Katie Strang | ESPNNewYork.com

NEW YORK -- Defenseman Wade Redden has been bought out by the New York Rangers, the team announced Thursday.

Redden cleared waivers earlier in the day.

Due to completing the accelerated compliance buyout on Redden, the 35-year-old is now an unrestricted free agent.

Before the buyout went into effect, the Rangers had to notify (in written format) both Redden and his agent, Don Meehan, of their intent.

According to a source, "several" teams have expressed interest ...

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