The Associated Press

The ''King'' of Madison Square Garden has been deposed. The New York Rangers have bought out the contract of star goaltender Henrik Lundqvist, parting ways with one of their greatest players in franchise history after 15 mostly spectacular seasons. ''Few players have been as important to the Rangers franchise as Henrik Lundqvist, and we are incredibly grateful for all he has done for our organization,'' said James L. Dolan, executive chairman, MSG Sports.