Overview
- Sportsnet’s Nick Kypreos reports Panarin told the Rangers he will not take a pay cut, effectively halting negotiations.
- The 34-year-old winger is in the final season of a seven-year, $81.5 million deal and would headline the 2026 free-agent class if unsigned.
- Panarin has seven points in 14 games and is scoreless in six straight, while New York owns the NHL’s lowest goals-per-game rate and is 0-5-1 at home.
- Puckpedia data cited in reports shows the Rangers with under $3 million in cap space and more than $75 million committed toward a projected $104 million 2026-27 cap.
- Pierre LeBrun reports no significant extension talks and no active shopping, with scenarios discussed that include playing out the season or a trade if results worsen, and insiders linking potential interest from the Hurricanes and Wild.