The latest on Artemi Panarin and Evander Kane, plus updates on the Flames, Maple Leafs, and Predators in today’s NHL Rumor Mill.

THE LATEST ARTEMI PANARIN RUMORS

SPORTSNET: Elliotte Friedman reports hearing that New York Rangers winger Artemi Panarin seeks a contract extension worth $50 million before signing off on a trade.

“He is going to try and hit a contract home run, even though he’s 34 years old,” Friedman said. Panarin is earning an annual average value of $11.6 million on his current deal, which expires on July 1.

New York Rangers winger Artemi Panarin (NHL Images).

Friedman said several teams reportedly have varying degrees of interest in Panarin. The Colorado Avalanche are interested, but not in an extension. Ditto the Dallas Stars unless they pivot away from re-signing RFA-eligible winger Jason Robertson.

The Los Angeles Kings are wondering if this is the right time to give up future assets. Panarin would love to join the Florida Panthers, but Friedman doesn’t know if they’ll move heaven and earth to get the playmaking winger.

The Minnesota Wild made a big splash by acquiring Quinn Hughes and might be willing to make another, but Friedman wondered how much they have left in the bank to do so.

Friedman believes the Washington Capitals are a serious suitor, citing their willingness to sign Panarin to an extension. He also mentioned the Seattle Kraken, who seek a high-end forward and are reportedly willing to move young center Shane Wright.

Other clubs with potential interest include the San Jose Sharks, Carolina Hurricanes, Anaheim Ducks, Detroit Red Wings, Vegas Golden Knights, Utah Mammoth, New York Islanders, and Philadelphia Flyers.

THE MONTREAL GAZETTE: Stu Cowan was asked if the Canadiens should kick tires on Panarin. He believes they should and will, pointing out that Canadiens president of hockey operations Jeff Gorton signed the winger to his current contract when he was general manager of the Rangers.

Cowan believes Panarin’s age and the Rangers’ asking price would be concerns. Nevertheless, he thinks the playmaking winger could be a good fit on the Canadiens’ top line.

SPECTOR’S NOTE: Panarin turns 35 in October, the first season of his new contract. It’s doubtful he’d get anything longer than five years, meaning he’d get $10 million annually on that type of deal. Even with the salary cap rising significantly over the next two seasons, spending that much on a winger heading into his late-thirties is not a wise investment of salary-cap dollars. That will likely scare off most of the rumored suitors.

Based on recent reports, the Avalanche, Ducks, and Stars are out unless Panarin is willing to be a rental player. It’s unlikely that the Rangers will trade him to the Islanders. This isn’t the same thing as sending a depth defenseman like Carson Soucy to the Isles.

The Golden Knights recently acquired Rasmus Andersson and want to re-sign him as a replacement for the permanently sidelined Alex Pietrangelo, so it’s unlikely they’ll have sufficient cap space or tradeable assets to land Panarin. The Wild seek a scoring forward, but their preference is a first-line center.

Panarin is the type of player a Stanley Cup contender acquires. The Flyers and Canadiens aren’t there yet. He’s too old and too expensive for those rebuilding teams, and he might not be interested in joining them.

The Capitals might be willing to do it if this season proves to be Alex Ovechkin’s last, but it would still be a risky investment, given his age and the associated expense. Understandably, the Kraken would be interested, but surely they can find young and more affordable options elsewhere.

The Mammoth could be intrigued by Panarin because he’s a superstar who could generate excitement in their new market, but his asking price could be a deal breaker. The same applies to the Sharks, who have some rising young stars that will soon require new contracts.

COULD THE STARS ACQUIRE EVANDER KANE?

THE DALLAS MORNING NEWS: Lia Assimakopoulos recently cited reports claiming the Stars and Colorado Avalanche have inquired about Vancouver Canucks winger Evander Kane.

The Stars are seeking a top-six left winger. Kane has a history with Stars head coach Glen Gulutzan. It’s also believed the Canucks could be willing to retain part of Kane’s $5.125 million AAV.

However, Kane’s character could come into question given his off-ice issues in recent years. They also wouldn’t have the cap space to acquire him without salary retention by the Canucks.

Assimakopoulos believes Calgary Flames winger (and Plano, Texas native) Blake Coleman might be a better option for the Stars.

WHO COULD THE FLAMES TRADE NEXT?

CALGARY SUN: Kent Wilson looked at which Flames players could be next on the trade block after the club recently shipped out Rasmus Andersson to the Vegas Golden Knights.

Wilson believes Nazem Kadri could draw interest despite the recent decline in his production. The 35-year-old center could want to be moved to a contender, though his age and his contract could be sticking points. He’s signed through 2028-29 with an AAV of $7 million.

Winger Blake Coleman and recently-acquired defenseman Zach Whitecloud could be highly coveted. They both have Stanley Cup experience and have term left on their contracts. It could take a strong offer to pry them away from the Flames.

MCMANN, LAUGHTON COULD DRAW INTEREST

SPORTSNET: Elliotte Friedman believes the Toronto Maple Leafs’ 5-2 loss to the Seattle Kraken on Thursday could send the club into sell mode in the trade market. The loss left the Maple Leafs sitting second-last in the Eastern Conference.

Friedman believes talks about Maple Leafs players will intensify, but doesn’t know if there will be any movement before the Olympic trade freeze goes into effect on Feb. 4. Forwards Bobby McMann and Scott Laughton could draw interest in the trade market. Both are UFA-eligible on July 1.

Some observers might wonder about Auston Matthews’ future with the Maple Leafs. He’s eligible for UFA status in 2028. Friedman doesn’t believe the Leafs are at the stage yet where Matthews could request a trade.

SPECTOR’S NOTE: McMann and Laughton could bring in draft picks that help the Maple Leafs restock their prospect pool.

THE LATEST ON THE PREDATORS

SPORTSNET: During Friday’s episode of “32 Thoughts: The Podcast”, Elliotte Friedman reported the Nashville Predators are open to trading forwards Michael Bunting and Michael McCarron, and defenseman Nick Perbix.

Friedman stated that the New York Islanders attempted to acquire Bunting, but a deal couldn’t be reached. They opted instead for winger Ondrej Palat from the New Jersey Devils.

EDMONTON JOURNAL: David Staples wondered if the Oilers might look at acquiring one of those players.