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Top 10 Most Overpaid NHL Players

3. Wade Redden, NY Rangers ($6.5 million per season)

Eyebrows were raised in 2008 when the Rangers not only signed Redden -- who struggled in his final two seasons in Ottawa -- to the same salary cap hit he earned with the Senators but also to a five-year term. Redden is one of the highest-paid defensemen in the league but to date he hasn't performed like one. Rangers GM Glen Sather has a history of overpaying for talent and Redden's contract is arguably his most expensive blunder. -- Spector (AP Photo/Tom Mihalek)

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