When the clock struck high noon, it didn’t look like the Rangers would do anything significant on July 1. By the conclusion of Canada Day, team president and general manager Chris Drury had dramatically changed the roster.
The first move was met with criticism. The Rangers traded Kalle Vaisanen and a 2028 fourth round pick to the Bruins for goalie Joonas Korpisalo. The 32-year-old Korpisalo won 14 games in Boston where he served as the backup to Jeremy Swayman. Signed through 2027-28 with a $4 million cap hit, the Bruins picked up $1 million in salary to complete the deal. That saved the Rangers some money.
The reason it’s a questionable trade is due to the status of Dylan Garand. He was signed for two years at $875,000 per season. The first year is a two-way deal. However, if he can’t beat out Korpisalo for the backup job, Garand is no longer waiver exempt. If he does win the job, then Korpisalo could be placed on waivers. The Rangers would be on the hook for $1.77 million if he clears.
Following that perplexing move from Drury, he made a dull signing by giving center Joe Veleno a one-year deal worth $1.2 million. A former Red Wings first round pick in 2018, the 26-year-old Veleno moves to his third team in less than two years.
After putting up a career-best 12 goals and 16 assists for 28 points in 2023-24 for the Red Wings, he dropped to five goals and five helpers in 56 contests before he was dealt to the Canadiens for the remainder of 2024-25. Following a disappointing 2025-26, Veleno wasn’t qualified by Montreal making him a free agent.
A defensive-minded checking pivot who improved in the faceoff dot by winning 51.6 percent last season, Veleno is a six-foot-one, 201-pound center who finishes checks. For a player who had over 55 percent of starts in the defensive zone, his 47.6 CF at five-on-five wasn’t bad. If the plan is to have him center the checking line, then it looks like the Rangers are comfortable starting 2026-27 with Noah Laba as their third line center.
When they signed him for only a year, it left open the possibility for something much bigger to happen. At the time they inked Veleno, the mood on Rangers Twitter/X was very somber. Especially when the Islanders signed Matias Maccelli for $2.2 million over one year. Like most people, I was hoping the Rangers would get Maccelli. But he chose the Islanders.
For a while, it didn’t feel like anything else would happen to change the mood. Things sure changed in a hurry by late afternoon.
Drury Overhauls the Blue Line
The first hint that something was happening came when there were reports that the Rangers and Canucks discussed a deal involving defenseman Marcus Pettersson. While that was happening, a stunning turn of events led to Vincent Trocheck getting moved to the Mammoth. When the news hit, nobody could believe it. What would the return be for a valuable veteran center who Drury kept holding out on? My guess of either Barrett Hayton or Jack McBain and a first round pick was way off.
Instead, the Rangers sent Trocheck to Utah in exchange for defenseman Sean Durzi ($6 million AAV thru 2027-28), 2o-year old center prospect Cole Beaudoin, and a 2027 conditional third round pick.
The trade largely hinges on Beaudoin, who starred for Canada at the World Junior Championships. In seven games, he had three goals and four assists. A Mammoth 2024 first round pick (24th overall), Beaudoin is a left-handed center who can play responsibly. Listed at six-foot-two, 211 pounds, he has good size and defensive instincts. In 2025-26, he paced the Barrie Colts (Ontario Hockey League) in scoring with 33 goals and 55 assists for 88 points. Beaudoin followed that up with 10 goals and 19 assists for 29 points in the OHL Playoffs.
By filling an organizational need in getting the Mammoth to part with Beaudoin, Drury did well.
Durzi is a second pair right-handed defenseman who automatically should upgrade the Rangers’ blue line. A strong skater who can contribute offensively, the 27-year-old Durzi is the kind of player who can help support Adam Fox. For so long, Fox has had to shoulder the offensive load. He’s a player I liked on the Kings before they foolishly gave him away to the Mammoth [Arizona Coyotes] three years ago.
Following the Trocheck blockbuster with Utah, Drury wasn’t done. After Pettersson agreed to waive his no-movement clause to come to New York, the Rangers sent the Canucks a 2030 top-10 lottery protected first round pick.
Any time you swing a deal for a 30-year-old veteran who has five years of term left on their contract, there’s always a risk factor. By all accounts, Pettersson is a good skating left-handed defensive defenseman who can play in a shutdown role. He’s mostly used in the defensive zone, as evidenced by his starts for the Canucks topping over 60 percent the past two years.
Rangers head coach Mike Sullivan had him in Pittsburgh for seven seasons. He knows Pettersson quite well. That probably was a big factor in Pettersson deciding to accept a trade to the Rangers. He has a $5.5 million AAV with trade protection that doesn’t expire until the conclusion of 2030-31. His full NMC becomes a 15-team no trade list by 2029.
Once Drury added Pettersson in addition to Durzi, someone had to go. It was either going to be Braden Schneider or Will Borgen. Drury decided quickly by swinging another deal with the Bruins by sending Borgen to Boston in exchange for a 2027 second round pick and a 2028 conditional third round pick.
It all came together very fast. As soon as Pettersson was acquired, Borgen was sent packing. Drury had to cut some salary. He was able to offload Borgen’s $4.1 million AAV and recover two draft picks.
Not long ago, Borgen came back from Seattle for Kaapo Kakko. A solid defensive defenseman who played physically, it was obvious that he became the odd man out once Durzi was brought in.
By changing the look of the back end, Drury has improved a key area that was a disaster the past two seasons. Along with the selection of Alberts Smits at fifth overall last Friday, the Rangers look set up better on the blue line.
If we were projecting the lineup, it would look like this:
Gavrikov-Fox
Pettersson-Durzi
Smits-Schneider
Robertson
With Drew Fortescue signed to a two-way deal, they don’t have to rush him. They can properly develop the 21-year-old 2023 third round pick at Hartford in the American Hockey League.
If Smits doesn’t make the roster out of training camp, he can be reassigned. The Rangers still have Urho Vaakanainen under contract for $1.55 million through next year. He’ll likely be placed on waivers.
The Rangers qualified Vincent Iorio. Along with Schneider, he remains unsigned. It’ll be interesting to see what happens with Schneider. A 24-year-old right defenseman who made $2.2 million, Schneider is due for a significant raise. If they’re committed to him, the question becomes how much for. Given the way the market is due to the rising cap, he could wind up with similar money to former teammate K’Andre Miller (7.5 million AAV). His game isn’t comparable to Miller, who’s a better skater and stronger defensively.
Time will tell what happens with Schneider, who’s arbitration eligible.
Rangers Add Bjorkstrand
Needing to fill another hole on the roster, the Rangers took a flyer on forward Oliver Bjorkstrand by signing him for a year at $4.5 million AAV. His contract includes a 15-team no trade list.
The 31-year-old Bjorkstrand can drive play due to his fast skating which can create offense in transition. Once a consistent 20-goal scorer for both the Blue Jackets and Kraken, he fell off with the Lightning last season. He had a dozen goals with 20 assists for 32 points. Nine of his 12 goals came on the power play due to his lethal shot. He’ll definitely get time on the second unit.
A one year gamble on a streaky player isn’t much of a risk. They could always flip him at next year’s trade deadline. Hopefully, they’ll get a motivated Bjorkstrand, who’s playing for a contract. He needs to get back to 20 goals and at least 40 points.
Given who’s currently on the roster, it looks like he’ll start in the top six. That means probably with J.T. Miller. Most of the forwards shoot lefty. Bjorkstrand is a rare right shot. Hopefully, they get the good version.
Grading Drury
All in all, the much maligned Drury had a good day. Here was my summary.
If you consider that the Wolf Pack will be much improved thanks to the additions of prospects Liam Greentree and Nathan Aspinall, there’s a lot to like about what Drury’s done over the past few days. Tomas Chrenko was my favorite draft pick. Taken late in the third round, he’s a skilled offensive center who impressed for Slovakia at the WJC. Hockey insiders were happy with Ben Macbeath in the second round. Another left defenseman who’s worth keeping track of.
Considering all the questions I had entering the draft up to where they are now, I am going to give Drury a B+ for the off-season thus far. I didn’t want to give him an A. Remember, he took Smits over Chase Reid. We’ll see how Smits pans out.
It’s nice to actually be pleasantly surprised for a change. We’ll see what else happens this summer.
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