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Rangers Pivot to Midseason Retool as Panarin Is Informed No Extension

The last-place club will target youth, draft picks and cap space before the March 6 deadline.

Overview

  • GM Chris Drury told fans the shift is a retool around core players and prospects, not a rebuild, and cautioned that popular veterans may leave.
  • ESPN reports Drury held candid meetings with the leadership group and then the full team before releasing the letter.
  • Multiple outlets report Artemi Panarin was told he will not receive an extension and the team will seek a trade, but his full no‑movement clause gives him control.
  • The Rangers are at the bottom of the Eastern Conference after a five-game losing streak, with Igor Shesterkin and Adam Fox currently out with lower‑body injuries.
  • Sources say New York plans to shop players ahead of March 6, with names cited including pending UFAs Jonathan Quick, Carson Soucy, Jonny Brodzinski and Conor Sheary, while trade protections and tight cap space complicate moves.