Maloney was drafted 14th overall by the New York Rangers in the 1974 NHL Amateur Draft. He played 657 career NHL games, scoring 71 goals and 246 assists for 317 points, as well as compiling 1154 penalty minutes. He was also the youngest player to serve as Captain for the New York Rangers and captained them to the 1979 Stanley Cup Finals. That same year, Maloney, along with Phil Esposito and other Ranger teammates, recorded a song called the Hockey Sock Rock as a fundraiser for the Juvenile Diabetes Research Foundation.\n', '

On December 6, 1984, the Rangers traded Maloney and Chris Renaud to the Buffalo Sabres in exchange for Steve Patrick and Jim Wiemer.\n', '

Maloney played with his brother Don Maloney while with the Rangers.\n', '

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