Why Rangers’ complex Patrick Kane trade isn’t done yet, and what the holdup is

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Why Rangers’ complex Patrick Kane trade isn’t done yet, and what the holdup is
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Answering the questions surrounding the Rangers’ complex pursuit of Blackhawks star Patrick Kane.

A: It looks like Wednesday when the Rangers play next in Philadelphia.A: The Rangers cannot officially complete a trade with Chicago until they have cleared enough cap space to accommodate the remaining portion of Kane’s annual $10.5 million charge.A: This has been a complicated, multi-layered, extended and ongoing process in which management has been counting pennies over the last week.

The Rangers sent defenseman Braden Schneider down to AHL Hartford after Sunday’s game to create cap space.A: It is presumed that the details of the two interlocked deals necessary to make this happen have already been hammered out by general manager Chris Drury. The Rangers have to send assets both to Chicago and the third-party team in order to complete the trade.Q: What could that look like?

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