For everything on Malone since he signed, CLICK HERE.
Malone was on a two-way contract and will now earn a salary based upon the $100,000 AHL contract he is on.
Malone played in 6 games for the Rangers this season, recorded 0 goals and 0 assists, was a minus four, had 4 PIM, 6 shots on goal, 14 hits, 2 blocked shots, 3 giveaways and 10:01 per game.
Adam Rotter: This isn't officially the end of Malone and the Rangers, he could get called up again, but it likely is. It was a risk worth taking as he is a big body and physical player but he couldn't seem to play at the pace that the Rangers like to play at.
From the Rangers: "Malone has recorded six shots on goal and has been credited with 14 hits in six games with the Rangers this season."