Shattenkirk has two years remaining on the four-year, $26.6-million pact he inked with the Rangers on July 1, 2017. The deal carries a cap hit of $6.65 million.
The 30-year-old is owed $6.6 million in base salary in 2019-20 and $2 million in base salary - with a $2-million bonus - in 2020-21, according to CapFriendly.
Because Shattenkirk has a no-movement clause in his contract, the Rangers aren't required to place him on unconditional waivers before buying him out.
Shattenkirk collected 28 points in 73 games with New York this past season after posting 23 in 46 contests during his first campaign with the Rangers in 2017-18.
The former member of the Colorado Avalanche, St. Louis Blues, and Washington Capitals averaged only 18:56 in ice time for New York in 2018-19, ranking fifth on the club among blue-liners.
The NHL is famous for its parity come playoff time.
Over the last four years, we've seen a team win back-to-back championships, an expansion franchise make the final, and a pair of clubs win their first-ever titles. All bets are off in the spring, but that doesn't mean some teams aren't built for success better than others are.
We looked at four key factors for all 32 organizations - including Seattle - and predicted each team's chances of winning a Stanley Cup during the next three seasons. In this edition, we focus on the Pacific Division.
Note: The 32 teams in the exercise were given combined Stanley Cup odds that total 300 percent - 100 percent per year.
Seattle: 0.1 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★★★
☆☆☆☆
☆☆☆☆
★★☆☆
Beginning play in 2021-22, Seattle will be around for only one season of the three-year window. The NHL's newest franchise will have a much more difficult time competing in its inaugural season than the Vegas Golden Knights did, as general managers will be better prepared for the expansion draft this time.
Los Angeles Kings: 0.8 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★☆☆
★★☆☆
★☆☆☆
★★☆☆
Despite boasting a former Selke Trophy honoree in Anze Kopitar and former Norris Trophy winner Drew Doughty, the Kings need a lot of help. There are a handful of decent prospects coming through the pipeline, but only 2019 fifth overall pick Alex Turcotte projects to have an immediate impact in the NHL. The Kings are in the infancy stages of their rebuild and it's going to take plenty of time before they make a return to relevancy.
Anaheim Ducks: 0.9 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★★☆
★☆☆☆
★★☆☆
★★☆☆
The Ducks are in an unfamiliar state. After being competitive for the better part of the last 15 years, the club is entering a rebuilding stage. The kids - Trevor Zegras, Sam Steel, Troy Terry, Max Jones, Max Comtois, and Jacob Larsson - aren't quite ready to grab the torch and run with it, and the veteran core isn't good enough anymore to continue to carry the load. John Gibson, Hampus Lindholm, and Rickard Rakell remain building blocks, but Anaheim is more than three years away from a return to glory.
Arizona Coyotes: 2 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★☆☆
★☆☆☆
★★★☆
★★☆☆
The Coyotes will be in the Central Divison in three years, but we still included them in the Pacific for this exercise. Arizona battled more injuries than any other team did last season and still finished just four points out of a playoff spot. There's reason to believe the Yotes will snap their seven-year playoff drought in 2019-20, but it seems unlikely they'll make a run at the Cup. Phil Kessel was a great addition up front, but it speaks volumes that he's the team's top forward by a landslide. The Coyotes will need Clayton Keller to explode onto the scene if they are going to take the next step,
Edmonton Oilers: 3 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★☆☆
★★★★
★★☆☆
★★☆☆
The Oilers have the crown jewel in Connor McDavid and we're still giving them just a three percent chance, which shows how much work Ken Holland needs to do to clean up Peter Chiarelli's mess. Swapping Milan Lucic for James Neal was a good start, but this team is still missing an answer between the pipes, mobility on defense, and depth scoring. Holland needs to find cheap, effective wingers so McDavid and Leon Draisaitl can carry their own lines, which will give the team its best shot at a Stanley Cup.
Vancouver Canucks: 5 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★☆☆
★★★☆
★★★★
★★☆☆
The Canucks' young core of Elias Pettersson, Bo Horvat, Brock Boeser, and Quinn Hughes is one of the most enviable groups in the league. The biggest concern for Vancouver is the decision-making of GM Jim Benning. He's been excellent when it comes to the draft but has handed out some egregious, long-term contracts to undeserving players who could handcuff the team over the next three seasons, thus capping the potential of this promising club.
Calgary Flames: 12 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★☆☆
★★★☆
★★★☆
★★☆☆
Last season may have been Calgary's best chance at a Cup for the foreseeable future. Mark Giordano had a career year, Matthew Tkachuk was on the last season of his entry-level contract, and the team received stellar goaltending in the playoffs from Mike Smith. With Johnny Gaudreau, Sean Monahan, Elias Lindholm, and Tkachuk leading the way up front and four promising defensemen who are no older than 22, the Flames will be competitive. Questions remain, though. Is David Rittich the answer between the pipes? Or, at the very least, can he get hot in the spring? Only time will tell.
San Jose Sharks: 18 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★★☆☆
★★★★
★★☆☆
★★★★
Much like the Flames, the Sharks' real opportunity to win it all was last year, as Erik Karlsson was on a team-friendly deal, Joe Pavelski was still on the roster, and Timo Meier was severely underpaid. The window is far from closed, though, especially considering the majority of this group is still in their prime. Martin Jones is the X-factor. If he can return to his pre-2018 form and both Karlsson and Brent Burns are healthy, look out.
Vegas Golden Knights: 20 percent
Cap Flexibility
Cornerstone Players
Ascending Talent
Coaching/Management
★☆☆☆
★★★☆
★★★☆
★★★★
After making a handful of minor moves this offseason, the Golden Knights have escaped salary cap purgatory. They're barely under the limit, but the entire core is locked up long term - most of them on team-friendly contracts thanks to Nevada's lack of state tax. Cody Glass, the first draft pick in franchise history, should make his NHL debut this season and could have a substantial impact during the next three years, which could potentially push this team over the top. The only question is, how many more years of elite play does Marc-Andre Fleury, 34, have in the crease?
Girard has one more year remaining on his entry-level contract. The extension will kick in for the 2020-21 season and keep him in Colorado through the 2026-27 campaign.
Girard was acquired by the Avs in the three-team trade in November 2017 that sent Matt Duchene to the Ottawa Senators and Kyle Turris to the Nashville Predators. He was a second-round pick by the Preds in 2016.
The 21-year-old tallied 27 points in 82 games last season. Girard, who stands just 5-foot-10 and 162 pounds, excels at skating and moving the puck.
Colorado's blue line is filled with promising young players, including 2019-20 Calder Trophy favorite Cale Makar, 2019 fourth overall pick Bowen Byram, and Girard.
The New Jersey Devils have avoided arbitration with restricted free-agent defenseman Will Butcher, agreeing on a three-year contract with an average annual value of $3.73 million, the team announced Wednesday.
Butcher was a fifth-round draft pick of the Colorado Avalanche in 2013. However, he never signed with the Avs, and after a storied NCAA career at the University of Denver, he agreed to join the Devils as a college free agent.
The 5-foot-10 blue-liner was an effective player in his first two NHL seasons. He tallied 44 points in 81 games as a rookie and followed that up with 30 points in 78 games last season, although the Devils plummeted to near the NHL's basement.
Calgary's city council voted 11-4 in favor of the Flames' new arena project Tuesday, according to The Canadian Press' Donna Spencer.
City lawmakers, Calgary Sports and Entertainment Corporation (the entity that operates the club), and Calgary Exhibition and Stampede Limited agreed to fundamental terms and conditions for the development and construction of a new facility to replace Scotiabank Saddledome last week.
The new sports and entertainment event center carries an estimated construction cost of $550 million, which will be split 50-50 between the city and the team.
Hextall replacing Fenton would be an ironic twist considering Fenton's predecessor in Minnesota, Chuck Fletcher, replaced Hextall as Philadelphia Flyers GM last year.
The former Vezina Trophy winner served as the Flyers' general manager from May 7, 2014, to Nov. 26, 2018, making the playoffs twice.