Nevertheless, the interest is there, and with the way GM Bill Zito and the Panthers operate, nothing is impossible. Panarin carries an $11.6 million cap hit, which would make him the highest-paid player on the Panthers roster. The Rangers would likely retain part of Panarin’s salary in most trades; the most they could retain is 50 percent, which would still leave Panarin costing them $5.8 million against the salary cap.Â