Artemi Panarin (Getty Images) Artemi Panarin has been the face of the New York Rangers since arriving in 2019 on a seven-year, $81.5 million contract. But as the superstar forward enters the final year of that deal, his future in New York is far from guaranteed. NHL insider Frank Seravalli suggested that if the Rangers fail to reach the postseason in 2025-26, management could be forced to put their highest-paid player on the trade block.
Rangers face difficult decision with Artemi Panarin’s contract and performance
Now 34, Artemi Panarin is not expected to command the same $11.6 million AAV he currently carries, though his offensive pedigree still makes him one of the league’s elite. Just last season, he came off a 120-point campaign with 49 goals, proving he can still dominate. However, his most recent year was a step back, with 89 points and a -9 rating — his lowest output in a full season as a Ranger.
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That inconsistency has fueled speculation about his long-term role. Seravalli explained the situation bluntly: “I could for sure see that happening if the New York Rangers are out. But I’m going to tell you this, I don’t think the Rangers are going to be out. I have the Rangers as a playoff team.”
A possible extension could reshape New York’s roster core
Cap space will play a major role in the Rangers’ decision. With just under $30 million projected for 2026, re-signing Panarin to a double-digit AAV extension would commit the team to a veteran-heavy top six. Alongside Mika Zibanejad, Vincent Trocheck, and J.T. Miller — all in their 30s with multiple years left on their contracts — New York would be doubling down on experience over youth.Seravalli believes that outcome remains likely if Panarin produces. “I’ve got lots of faith in Artemi Panarin, and I think there’s a deal on the table that makes sense for both sides or will be at some point during this upcoming season,” he said.Also Read: Winnipeg Jets captain Adam Lowry shocks fans with stunning recovery from hip surgery ahead of scheduleFor now, Panarin’s performance may determine whether the Rangers build around him once more — or cash in on his value before time runs out.