The Rangers sent back three draft picks in the deal: a second- and third-round pick in 2013, and a conditional second-rounder in 2014, a source said. The 2014 conditional pick to San Jose becomes a second-rounder if Clowe re-signs or the Rangers win two playoff rounds. Otherwise, it becomes a fifth-round selection.
"We are extremely pleased to be able to acquire Ryane," Rangers general manager Glen Sather said in a statement. "He is a unique combination of size, skill and toughness. His strong leadership and character make him a tremendous addition to our organization on and off the ice."
Clowe was approached Tuesday to waive his no-trade clause, and ultimately was given the choice between Vancouver and New York, his agent Kent Hughes confirmed to ESPNNewYork.com. In the driver's seat for the deal, Clowe made his preference known and gave the Sharks authorization to complete the deal with New York.
"I put a lot of thought into coming here," Clowe said Wednesday. "Obviously with the no-trade, you get that and the benefit of kind of thinking about it for a while and seeing where you fit in. I thought it would be a real good fit here.
"I've been watching [the Rangers'] games a lot the last couple of weeks, and I've always liked how they've played. I think they got a lot of good players -- good core -- and I think I'll fit in real well. Obviously coming down to the deadline, there were some options of where I was going to go, but I think New York was my first choice."
Clowe is expected to be in the lineup Wednesday when the Rangers host the Penguins at Madison Square Garden.
Although Clowe's production leaves something to be desired -- the 30-year-old winger has yet to score his first goal of the season -- the Rangers like his gritty style of play. That has been an element conspicuously absent from the Rangers' game of late with the Blueshirts sorely missing some of the more rugged and versatile middle-of-the-lineup players who bolstered their lineup last season.
"I wish I had a real answer for [having no goals]," Clowe said. "I'm not sure. I don't think I was playing a real good game out of the start from the lockout, and as a bigger guy, I have to move my feet and skate and it took a little time to get going.
"Then I got frustrated, I wasn't scoring, and it built up into 15-20 games. But I felt like I put that behind me and just started to play my game. ... I know the goals will come. I feel fortunate that I feel like I can make an impact on the game even when I'm not scoring. I feel I can bring that to the team."
The Rangers also are in dire need of goals. New York is last in the league with a paltry 2.26 goals per game.
Clowe's four-year, $14.5 million contract expires at the end of this season, but he does not necessarily have to be a true rental. He might have a good opportunity to re-sign -- a possibility the Rangers are open to as well.
"I'd love to be here and be a part of this and be here for a while," Clowe said. "What happens, I don't know. The next month is going to be a sprint to the finish here, so I got to make sure my game is where it needs to be. ... I don't think I feel too much pressure. I think it's more excitement right now -- coming in here, coming to New York, getting an opportunity to play with this team and at MSG. That's all exciting stuff."
The Rangers were previously interested in veteran defenseman Dan Boyle, but Sharks GM Doug Wilson's asking price and Boyle's cap hit might have been prohibitive. To add his $6.67 million cap hit (he is signed through 2013-14), the Rangers would need the Sharks to take back salary as well.
With a 4-2 win over the Winnipeg Jets on Monday night, the Rangers retained their hold on eighth place in the Eastern Conference standings. They host the first-place Pittsburgh Penguins at Madison Square Garden on Sunday.
Clowe was drafted by San Jose in the sixth round of the 2001 NHL draft. He ranks ninth on the Sharks' all-time points list with 271 (101 goals, 170 assists) in 423 NHL games.
ESPNNewYork.com's Matt Ehalt contributed to this report.