Matthew Coller of Biz of Hockey says that this reported move would be beneficial to the Rangers.
...Matthew and I have continued to correspond on this issue over the past few days and some more information should be expected, or more details in the coming weeks about it. When it comes down to it, maybe there is a whole big plan in place, straight down from the NHL, to return the Whalers to the NHL. It seems a little far fetched but so does the Rangers folding or stopping play on a team they own to have there minor league players play somewhere else.
That is unless they are losing money on it, money speaks and makes all decisions.