The New York Rangers have reportedly decided to part ways with star forward Artemi Panarin, and the San Jose Sharks have emerged as a potential suitor. The Rangers held Panarin out of their lineup on Wednesday for "roster management" purposes, signaling their intent to trade him. With the NHL trade deadline looming on March 6th and a roster freeze in effect from February 4th to 22nd for the Olympics, time is of the essence.
Panarin possesses a full no-movement clause, granting him significant control over his destination. He is reportedly willing to waive this clause for a trade to a team where he can sign a contract extension, indicating he seeks a long-term commitment rather than a short-term rental. According to Sheng Peng of San Jose Hockey Now, Panarin would be open to signing an extension with the Sharks.
The Sharks' interest in Panarin might come as a surprise, considering their rebuilding status. However, the emergence of 19-year-old Macklin Celebrini as a dominant force has accelerated their timeline. Celebrini's outstanding performance, with 78 points in 51 games, has propelled the Sharks into playoff contention. Adding Panarin to a top line with Celebrini and Will Smith could create a formidable offensive trio and provide invaluable experience to the Sharks' young core.
Several factors connect Panarin and the Sharks. San Jose's General Manager, Mike Grier, previously worked under Rangers' GM Chris Drury. Ryan Reaves, a player known to be close with Panarin, is also on the Sharks' roster. The Sharks also have multiple expiring contracts and two first-round picks in the 2026 draft, which could be attractive assets for the Rangers.
A potential trade could involve the Rangers retaining a portion of Panarin's $11.6 million annual salary to facilitate a deal. In return, the Sharks could offer a combination of draft picks, prospects, and expiring contracts. A package centered around the Sharks' first-round pick in 2026, along with a prospect like William Eklund or Shakir Mukhamadullin, might entice the Rangers. Alternatively, the Rangers might target players like Mario Ferraro or Henry Thrun to bolster their defensive depth.
While the fit seems promising, challenges remain. The Sharks' priority is arguably on defense, while the Rangers may prefer acquiring younger, cost-controlled assets. Ultimately, whether a trade materializes depends on both teams' willingness to compromise and find a mutually beneficial arrangement. If the deal goes through, Panarin would bring his elite playmaking and scoring ability to San Jose, potentially accelerating the Sharks' return to contention.
