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The Rangers paid $850,000 for Garand a night off

James Reimer, 38, returns on a one-year deal because Dylan Garand is sliding with Igor Shesterkin out for the season.

Marcus Lind·Salary Cap & Contracts Analyst·3 min read
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Illustration of a worn goaltender blocker and glove on a bench beside a rolled contract in a dim arena tunnel

The number: .869. That's Dylan Garand's save percentage over his last five starts, per NHL data, and it's the real reason the Rangers handed a 38-year-old an NHL contract on Sunday.

James Reimer signed for one year at $850,000. On paper it's a depth move. In practice it's the Rangers admitting the plan for life after Igor Shesterkin was one 24-year-old and a prayer, and the prayer has a .900 save percentage.

How they got here

Shesterkin went down with a season-ending lower-body injury on Oct. 9 in Washington, six games in. He was stopping .927 through five appearances, per NHL data, which is roughly what you pay $11.57 million a year for.

Garand has started eight straight since. He's 4-4-1 with a 2.65 goals-against average and a shutout. That's a fine line for a kid getting his first long run. The trend is the problem: .900 overall, .869 over the last five. Joonas Korpisalo has been out since the preseason, so there was nobody to give him a night off who scared anyone.

Reimer earned the call. He signed a tryout in Hartford on Oct. 15, then stopped all 35 Providence shots on Friday. Spencer Martin went down to Hartford, and Reimer comes up for the four-game homestand that starts Monday against Los Angeles.

Contract card

  • Term: one year (2026-27)
  • AAV: $850,000, prorated from the signing date
  • Structure: one-way, no bonuses or trade protection listed
  • Cap hit, share of the $104 million ceiling: about 0.8%
  • The comparables: Reimer's own last three deals, all one-year UFA contracts: $850,000 in 2025-26, $1 million in 2024-25, $1.5 million in 2023-24. Martin carries the same $850,000.
  • Verdict: fair, and close to free. The risk is all on the ice, none on the sheet.

Cap sheet

  • Space before Sunday: about $4.4 million on the cap sites, with an LTIR pool of roughly $5.1 million from Shesterkin and Joseph Veleno
  • Goalie money: about $16.3 million across Shesterkin, Korpisalo, Garand and Martin before Reimer
  • Contracts: 48 of 50 with Reimer
  • Retained slots: all three open

What it buys

Reimer isn't the answer to a season-long hole. He was .886 in 14 games for Ottawa last season. His career mark is .909 over 539 games, and he's 38. What he buys is rest. A starter in his first long run who is sliding after eight straight needs nights off, and the Rangers can now give him some without dressing a goalie nobody trusts.

The bigger point is the sheet. With Shesterkin on LTIR and three retained slots open, New York has room to chase a real goalie if Garand keeps sliding. This deal doesn't close that door. At $850,000, it barely touches it.

What I'd watch

The next five Garand starts. If he's back near .900, Reimer is a backup who mostly opens the bench door. If the number stays in the .860s, this $850,000 signing turns out to be the first step toward a much bigger goalie bill before the deadline.

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