The New York Rangers made a substantial move Saturday, acquiring veteran defenseman Bryan McCabe from the Florida Panthers, the Rangers announced Saturday. In return, the Panthers get Tim Kennedy and a third-round 2011 draft choice. The 35-year-old McCabe is in the final season of a five-year, $28.75 million contract, earning $4.15 million this season, although his cap hit for the year is $5.75 million. He'll be an unrestricted free agent July 1. "Bryan McCabe adds an established veteran presence to our young defensive corps," Rangers general manager Glen Sather said in a statement. "He can help provide offense with his strong shot on the power play, and his versatility allows him to play either the left or right side effectively. "Bryan also brings outstanding leadership qualities, having served as team captain for Florida for the past two seasons." Read more: http://sports.espn.go.com/new-york/nhl/news/story?id=6161597