NHL Rumor Mill – March 15, 2025
NHL Rumor Mill – March 15, 2025
Updates on the Rangers and Jets in today’s NHL Rumor Mill.
THE ATHLETIC: Peter Baugh recently looked ahead at possible offseason moves by the New York Rangers.
The Rangers have a projected $84 million invested in 17 active roster players for 2025-26, leaving them with less than $11 million in cap space. With restricted free agents K’Andre Miller and Will Cuylle due for new contracts, it won’t leave much room to take a big swing in the free-agent market this summer.

New York Rangers winger Chris Kreider (NHL Images).
Baugh believes the Rangers must move players out if they’re going to make substantial roster changes this summer. Chris Kreider is the obvious trade candidate, though moving his $6.5 million cap hit won’t be easy given his 15-team no-trade list and disappointing performance this season.
The Rangers could trade Miller if he proves too expensive to re-sign, but that would risk letting a high-upside player get away. Trading Mika Zibanejad or Artemi Panarin would free up even more cap space, but they have full no-movement clauses.
Baugh also wondered if a rival club with plentiful cap space, like the Chicago Blackhawks, might attempt to sign away someone like Cuylle with an offer sheet.
SPECTOR’S NOTE: Panarin might draw more interest than Kreider or Zibanejad because he has a year left on his contract. He has a hefty $11.6 million AAV but will earn $8 million in actual salary next season, with $7 million of that a signing bonus.
Panarin’s production is down compared to the last three seasons but he has 69 points in 64 games. He could be of interest to a Cup contender seeking additional scoring punch. Still, he’d have to agree to a trade and the Rangers would probably have to retain part of his cap hit.
So, what say you, Rangers fans? What moves should your team make to free up cap space for meaningful change? Let us know in the comments section below.
DAILY FACEOFF: The Athletic’s Murat Ates discussed Neal Pionk’s future with the Winnipeg Jets. The 29-year-old defenseman is UFA-eligible this summer with 37 points in 65 games this season. His production cooled off lately before he was sidelined by a lower-body injury.
Ates said Pionk is comfortable with the state of negotiations between his agent and Jets management. He expects the Jets want to retain him to keep their second-pairing defense core intact. Pionk skates alongside Dylan Samberg, who’s a restricted free agent this summer.
SPECTOR’S NOTE: Pionk is completing a four-year contract with an AAV of $5.875 million. It could cost around $7.5 million annually to keep him in Winnipeg. As a right-shot, puck-moving defenseman, he could draw lots of interest if he tests the free-agent market on July 1.




