New York Rangers Trade Artemi Panarin to the Los Angeles Kings
New York Rangers Trade Artemi Panarin to the Los Angeles Kings
ESPN’s Adam Schefter and Emily Kaplan report the New York Rangers have traded winger Artemi Panarin to the Los Angeles Kings in exchange for a conditional 2026 third-round draft pick and prospect forward Liam Greentree.
SPECTOR’S NOTE: That’s not much of a return for a player of Panarin’s caliber, but the Rangers didn’t have much choice. The 34-year-old winger has a full no-movement clause, and Mollie Walker of the New York Post reports the Kings were the only team he wanted to go to and the only club the Rangers had to work with.

New York Rangers trade winger Artemi Panarin to the Los Angeles Kings (NHL Images).
Walker reports that the conditional third-round draft pick can become a second-round pick if the Kings win a playoff round and a conditional fourth-rounder in 2028 if they win two playoff rounds.
Panarin was reportedly seeking a contract extension before waiving his no-movement clause. TSN’s Pierre LeBrun reported there’s no extension yet, but the two sides are working on it.
Recent reports claimed Panarin was seeking a $40 million or a $50 million extension. Either one guarantees he would get at least $10 million annually. That’s a bit of a pay cut from his current $11.642 million annual average value, but still a hefty price to pay for a playmaking winger who turns 35 in October.
(UPDATE: ESPN’s Emily Kaplan reports sources claim the Kings and Panarin have agreed to a two-year extension worth an AAV of $11 million.)
The Kings are among the lowest-scoring teams in the league, which is hampering their efforts to secure a playoff spot in the Western Conference. Panarin should provide a welcome boost to their offense in the short term, especially with team captain Anze Kopitar recently returning from injury.
Over the long term, however, Panarin won’t be able to fill Kopitar’s skates as a center, and locking him up to an expensive, lengthy deal will take a big chunk out of their projected $26 million in cap space for 2026-27. That could complicate efforts to land a potential replacement for Kopitar.

