I was a huge advocate of the Rangers going after Mark Streit when he was a UFA back in 2008. Unfortunately, Glen Sather didn't confer with me and decided to sign Wade Redden for 6-years, $39 million instead, while Streit ended up going to the Islanders for 5-years, $20.5 million. The rest is horrific history for the Rangers.
Now that the 35-year old Streit has rejected the Islanders best offer of 3 years, $4.75 million per and will be headed to free agency again, Rangers fans have already begun dreaming about the former Islanders captain quarterbacking the Rangers dormant power play.
Arthur Staple at Newsday says that Streit, who has 141 career power play points, could command a 4-year deal averaging $6 million per.
…so after passing on Streit for cheap in his prime, we want Sather to overpay him as he enters the twilight of his career? Makes sense.
…would Streit upgrade the Rangers power play? Absolutely, but so could I, so that's not saying much. I know a Richards buyout would open up additional cap space to sign him, but this has pre-lockout Sather signing written all over it.
…you also have to remember that the Rangers would be signing Streit to an over 35 contract, meaning even if he decided to retire or was put on LTIR he would count fully against the cap.
…bottom line, no thanks. A better option could be Ian White, who found himself in Mike Babcock's doghouse in Detroit this past season and could be had for cheap. The 29-year old White had 10 power play points during 2011-12 season and just finished a contract worth $2.875 million per.