Welcome back to the NHL, Wade Redden.

One of the concessions the league made to the players in its latest proposal was accepting a one-time compliance buyout prior to the 2013-14 season. The buyout will not count against a team’s salary cap, meaning teams like the Rangers can finally rid themselves of ugly contracts like Redden’s. (Note: The buyout will still count against the players’ share, which might be an issue for the union).

The Leafs are actually in a fairly envious position; only two players are signed beyond four years—Mikhail Grabovski, their best two-way forward, and James van Riemsdyk, who is only 23.

Unlike in Anaheim, Brian Burke has done a good job creating cap flexibility. The bad deals, like Tim Connolly and Matthew Lombardi, are both done after this season.

The roster isn't without its fixable mistakes, however. The two players who are most frequently cited as buyout candidates are Mike Komisarek and John-Michael Liles.