Updates on  Derek Stepan, Cody Franson,and Cory Emmerton, while the Senators and Capitals potentially face some roster moves.

NEW YORK POST: Larry Brooks reports no progress in the Rangers contract impasse with RFA center Derek Stepan.  The Rangers are reportedly offering $2.9 million per season on a two-year deal, while Stepan seeks $3.5 million per season.

No change in Cody Franson's contract impasse with the Leafs.

No change in Cody Franson’s contract impasse with the Leafs.

TORONTO STAR: Kevin McGran reports the Maple Leafs and defenseman Cody Franson remain far apart in their contract standoff. Franson acknowledged the cap crunch the Leafs currently face, adding he’s “trying to make it happen for both sides.” He’s believed seeking a one-year, $3 million contract.

SPECTOR’S NOTE: In both cases, lack of cap space explains why both players remain unsigned. The earliest their respective situations could be sorted out is toward the end of next week, when both clubs could clear some cap space via trade, waivers or demotions.

DETROIT FREE PRESS: Helene St. James reports the Red Wings will have to shed three players by the end of this month to reach the roster maximum of 23. St. James suggests center Cory Emmerton could avoid the cut because of his skills and affordable salary.

SPECTOR’S NOTE: Emmerton was a fixture in this summer’s trade rumor mill, but the addition of Daniel Cleary and a nagging back injury to Darren Helm suggests the club could look elsewhere to shed salary and create roster room.

KUKLA’S KORNER: cited an interview by Ottawa Senators GM Bryan Murray with The Team 1200, noting the club has “more players on the roster on non-waiver exempt one way contracts (defenceman Eric Gryba and forwards Stephane da Costa, David Dziurzynski and Mike Hoffman) than they have open spots.” Murray could trade one of them, targeting teams with injuries, for a “soft pick”.

CSNWASHINGTON.COM: Chuck Gormley reports if prospect Tom Wilson makes the Washington Capitals roster, they’ll have to shed  $628,462 to fit Wilson’s $1.3 million rookie salary under their payroll. “The only viable options at forward would be to trade or place on waivers Jason Chimera [1 year, $1.75 million], Mathieu Perreault [1 year, $1.05 million] or Jay Beagle [2 years, $900,000 per]”, writes Gormley.

SPECTOR’S NOTE: Of that trio, I suspect Perreault could be the odd man out.