Panarin open to extension if traded — The Fourth Period
As the New York Rangers navigate the trade waters involving star winger Artemi Panarin, some teams are curious if he would be willing to sign an extension as part of a trade ahead of the March 6 trade deadline.
Panarin, 34, is in the final year of a seven-year, $81.5 million contract and is eligible to become an unrestricted free agent in July. He owns a full no-movement clause and will have a significant say in here he ends up this season.
With some teams interested in exploring an extension, the belief around the Rangers and Panarin suggests he would also be open to that possibility.
Moving Panarin with an extension would certainly increase the return for him and help the Rangers maximize the package they would receive – as would retaining up to 50 percent of his cap hit for the balance of this season.
Panarin, who ranks atop TFP’s Trade Watch List, is believed to be looking for a four- or five-year contract, though some teams may only be interested in a three-year pact. His next AAV may also dictate term, as he could earn between $10 million and $12 million on his next deal.
The Los Angeles Kings, Carolina Hurricanes, Dallas Stars, Florida Panthers, Minnesota Wild and Washington Capitals are among the teams linked to Panarin, while some speculation has also connected the Anaheim Ducks and Detroit Red Wings, among others.
It is unclear when a move may be imminent – be it before the Olympic roster freeze or the trade deadline – but a trade prior to the Feb. 4, 3pm ET freeze would allow Panarin more time to be acclimated to his new team and city.
In 51 games with the Rangers so far this season, Panarin has registered 19 goals and 37 assists for 56 points.
