Rangers Trade Kreider, Add Carey Terrance and Cap Space

The New York Rangers traded veteran forward Chris Kreider and a fourth-round pick to the Anaheim Ducks in exchange for prospect Carey Terrance and a third-round pick, clearing $6.5 million in cap space for each of the next two seasons and nearly $15 million in offseason flexibility. Kreider, a longtime Rangers leader and one of the franchise’s all-time top goal scorers, waived his no-trade clause to join Anaheim, which is seeking veteran leadership to end a seven-year playoff drought. Carey Terrance, a 20-year-old center and former Erie Otters captain, is known for his goal-scoring and international experience and is expected to begin his pro career in the minors for New York. The trade represents a major strategic shift for both franchises, with Anaheim adding experience and scoring, while the Rangers focus on youth and financial flexibility after a disappointing season. Both teams publicly expressed gratitude for their departing players and optimism for the future. The move is regarded as bittersweet for Rangers fans due to Kreider's legacy.