As the NHL trade deadline on March 6 approaches, speculation surrounding Artemi Panarin's future with the New York Rangers has intensified. After Rangers' General Manager Chris Drury communicated the team's plan to retool and not offer Panarin a contract extension, the organization began exploring trade options for the star winger.

Panarin, who carries a full no-movement clause, holds significant control over his destination. The Rangers are aiming to work with Panarin to find a suitable team before he becomes an unrestricted free agent this summer when his seven-year, $81.5 million contract expires.

Several teams have emerged as potential landing spots for Panarin. The Anaheim Ducks are considered a strong contender, with factors such as ample cap space, a promising young team, and a prior working relationship between General Manager Pat Verbeek and Chris Drury. Moreover, the presence of Joel Quenneville, Panarin's former coach from his time with the Chicago Blackhawks, could further incentivize a move to Anaheim. Other teams linked to Panarin include the Washington Capitals, Los Angeles Kings, Dallas Stars, Tampa Bay Lightning, Vegas Golden Knights, and New York Islanders.

The Rangers are reportedly seeking a substantial return for Panarin, potentially mirroring the package the New York Islanders received when they traded Brock Nelson to the Colorado Avalanche. That trade yielded Cal Ritchie, a first-round pick, and a conditional third-round pick. Sportsnet's Elliotte Friedman noted that this is the Rangers' "starting point" in negotiations. Given Panarin's status as a highly skilled offensive player, the Rangers are aiming to capitalize on his value to acquire valuable assets for their retooling efforts.

However, Panarin's no-movement clause complicates matters, potentially limiting the Rangers' leverage in trade negotiations. While the Rangers ideally want to create a bidding war, Panarin's control over his destination may force them to accept the best offer from his preferred teams.

Elliotte Friedman reported that Panarin is seeking a contract that could take him to the end of his NHL career, in the range of 4-5 years at $10-12 million per year. Any acquiring team would need to consider the financial implications and long-term commitment required to secure Panarin's services.

With the trade deadline fast approaching, the Rangers face the challenge of finding a trade partner that meets both their demands and Panarin's preferences. The coming weeks will be crucial in determining where the star forward will continue his NHL career.