As the NHL Trade Deadline looms, things are heating up in New York - and Artemi Panarin is right at the center of the storm. The veteran winger, still one of the league’s most dangerous offensive weapons, is reportedly eyeing a contract extension worth around $50 million. That’s the number being floated in recent trade talks, and it’s a clear signal: if a team wants to land Panarin, they’ll need to pay up - both in assets and in dollars.
The buzz started when the Rangers made the surprising move to sit Panarin recently, a decision that immediately raised eyebrows around the league. Sitting a player of Panarin’s caliber this close to the deadline?
That’s not nothing. It sparked speculation that a deal could be imminent - though, as of now, Panarin is still wearing a Rangers sweater.
But make no mistake: New York is at a crossroads. The team has announced a retooling phase, and with Panarin’s contract set to expire after the 2025-26 season, the writing’s on the wall.
He won’t be re-signing in the Big Apple. That makes him the team’s most valuable trade chip - and a player who could reshape the playoff race if he lands with a contender.
According to reports, Panarin is seeking a deal similar to the one Kirill Kaprizov signed - a hefty commitment that reflects his elite production and star power. And even though nothing is guaranteed, that $50 million figure has become a focal point in ongoing discussions.
Let’s not forget just how impactful Panarin has been since arriving in the NHL. He broke in with the Chicago Blackhawks in 2015, making an immediate splash and earning the Calder Trophy as the league’s top rookie.
After two seasons in Chicago, he was dealt to Columbus, where he continued to shine before hitting free agency and signing with the Rangers. Since then, he’s been the heartbeat of New York’s offense - leading the team in scoring every season across his seven-year tenure.
At 34 years old, this next contract could be Panarin’s last big deal - and he knows it. The question now is which team is ready to step up.
It’s not just about acquiring a top-tier winger; it’s about being ready to extend him long-term while managing the cap and keeping the rest of the roster intact. That’s a tall order, but for teams on the cusp of contention, Panarin could be the kind of player who pushes them over the top.
For now, he remains a Ranger. But with the deadline approaching and negotiations intensifying, the clock is ticking. Panarin’s future may not be in New York - but wherever he lands next, he’s going to make an impact.