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Rangers Slow-Play Panarin Extension as Star Enters Contract Year

New York is prioritizing cap flexibility for a potentially loaded 2026 free-agent market.

Overview

  • Elliotte Friedman reported the team and Artemi Panarin discussed a Kopitar-style, team-friendly structure earlier in the offseason.
  • Vince Mercogliano says the Rangers are in no rush and would move forward now only if the price comes down.
  • Panarin, 33, is unsigned entering the final season of the seven-year deal he signed with New York in 2019.
  • The approach reflects positioning for possible 2026 headliners such as Connor McDavid and Kirill Kaprizov.
  • Despite a decline from 120 points in 2023-24 to 89 last season, Panarin remains viewed as elite and would draw strong interest if he reaches free agency.