Monday morning continues to see some more minor depth signings, as the Rangers signed unrestricted free agent forward Tim Kennedy to a new contract. Kennedy, who had an arbitration case settled and signed, had that deal bought out by the Sabres, since they couldn't walk away from it, signs this new 1-year deal with the Rangers for $550,000.In 2010 with the Sabres, Kennedy scored 10 goals and added 16 assists in 78 games, ranking him 225th among forwards in scoring, which would equate to a depth pick in my draft. What needs to be taken into consideration before making Kennedy into a sleeper pick for your hockey pool team's depth is whether or not he makes the team, since the Rangers are rocking some serious depth up front and are now considered to be over the salary cap ceiling, according to my list.
| Forwards | Defense | Goalies |
| Marian Gaborik | Michael Del Zotto | Henrik Lundqvist |
| Vaclav Prospal | Dan Girardi | Martin Biron |
| Alexander Frolov | Michal Rozsival | |
| Brandon Dubinsky | Steve Eminger | |
| Ryan Callahan | Matt Gilroy | |
| Chris Drury | Wade Redden | |
| Sean Avery | ||
| Artem Anisimov | ||
| Tim Kennedy | ||
| Erik Christensen | ||
| Todd White | ||
| Brandon Prust | ||
| Brian Boyle | ||
| Derek Boogaard |
The 22 players on the table above now come in at an annual cap hit of $59.9 million, which is $500,000 over the ceiling and they still have to deal with Marc Staal, who is a restricted free agent this Summer. The Rangers situation does not reflect well upon them at the moment and they will likely have to find some deals to help ease the pressure on their budget. Of course, the thought that still lingers in the minds of many is that Wade Redden may find himself as the odd-man out in this situation, ranking at the bottom of the blueline pack with the highest cap hit.
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