The Artemi Panarin saga is over because the New York Rangers have traded him to the Los Angeles Kings for prospect Liam Greentree and a conditional third spherical decide.
Coniditions on the Third-round decide heading to #NYR within the Artemi Panarin commerce:
If the #LAKings win a playoff spherical this yr, it turns into a 2nd-rounder
If the #LAKings win two playoff rounds this yr, additionally they obtain a 2028 4th-round decide
— Chris Johnston (@reporterchris) February 4, 2026
The Rangers are retaining 50 p.c of Panarin’s wage $8 million wage. His cap hit was $11,642,857.
Shortly after the commerce, the 34-year-old Panarin signed a two-year contract extension with the Kings for $22 million, an $11 million cap hit.
The Kings have acquired Artemi Panarin for Liam Greentree and a conditional third-round decide, league supply confirms. @emilymkaplan and @AdamSchefter had been first.
The Kings had been the workforce Panarin’s camp needed to go to in the long run, I am instructed. No probability for a bidding warfare.
— Peter Baugh (@Peter_Baugh) February 4, 2026
Greentree was drafted twenty sixth general within the first spherical of the 2024 draft by the Kings. In 34 video games with the Windsor Spitfires of the OHL, the 6′ 3″ ahead has 23 objectives and 22 assists.
Many groups had been concerned within the course of, together with the Washington Capitals, Florida Panthers, Detroit Pink Wings, San Jose Sharks, Carolina Hurricanes, Dallas Stars, Colorado Avalanche, Vegas Golden Knights, Seattle Kraken, and Utah Mammoth. There have been others who inquired however didn’t have an opportunity of buying and selling for him, provided that the participant had a no-movement clause and managed the place he needed to go.
There had been noise surrounding Artemi Panarin as he was held out of the lineup for trade-related causes final week, forward of a home-and-home sequence with the New York Islanders. The Rangers introduced he could be out of the lineup for roster-related causes up till the Olympic Roster Freeze on Wednesday, February 4th. It has been the aim from the participant and workforce sides to get this performed earlier than the Roster Freeze.
Nevertheless, this was a sophisticated take care of layers. The Rangers knew, going again to final summer time, that Panarin needed to check free company in the summertime of 2026. Whereas they tried to barter a deal, they didn’t wish to rush into an extension with a 34-year-old participant looking for a four- or five-year deal at his present AAV of $11.7 million. The Rangers weren’t keen to do this.
We all know the Rangers had excessive expectations this season of constructing the playoffs. However given his standing as a pending unrestricted free agent, how the season performed would decide all the pieces for Panarin. As soon as GM Chris Drury despatched out the letter informing the followers of a retool with fan favorites on the transfer, the writing was on the wall for a Panarin commerce.
Since signing as a member of the New York Rangers in July 2019, Artemi Panarin has recorded 607 factors (205 objectives and 402 assists) in 482 video games with the franchise. He averaged 1.26 factors per sport and recorded one remaining help in a 4-3 comeback victory over the Boston Bruins on Madison Sq. Backyard ice.
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