The Los Angeles Kings recently finalized a trade to acquire Artemi Panarin from the New York Rangers, subsequently signing the star winger to a two-year, $22 million contract extension. While the move is seen as a significant win for the Kings and General Manager Ken Holland, the relatively short term of the extension has raised eyebrows around the league. Although Panarin's age, 34, could be a factor, some believe the Kings have a larger strategy in mind.

NHL insider Greg Wyshynski of ESPN has suggested that the Kings' decision to limit the extension to two years is a calculated move to maximize cap flexibility in the summer of 2028. This is when superstars Connor McDavid and Auston Matthews could potentially become unrestricted free agents. Wyshynski hinted at this possibility in a tweet, implying that the Kings might want to have ample cap space available to pursue these high-profile players.

McDavid, currently with the Edmonton Oilers, is under contract until the end of the 2027-28 season. Matthews' contract with the Toronto Maple Leafs also expires at the same time. While it's speculative, the Kings may be positioning themselves to make a strong push for either player should they become available.

Ken Holland's familiarity with McDavid from his time as the Oilers' GM adds another layer of intrigue to this theory. Holland's successful track record and connection with McDavid could give the Kings an edge in any potential negotiations.

The Kings' acquisition of Panarin signals a clear intention to compete for the Stanley Cup now. Holland stated that the team is focused on competing and not interested in a long-term rebuild. Securing Panarin, a proven goal-scorer, undoubtedly enhances their chances.

However, the two-year extension suggests a dual strategy: contending in the present while keeping an eye on future opportunities. By avoiding a long-term commitment to Panarin, the Kings maintain the financial flexibility to pursue other top players in the near future.

Elliotte Friedman of Sportsnet reported that Panarin had a more lucrative offer from the Seattle Kraken, a four-year deal with an average annual value exceeding $14 million. Despite this, Panarin chose to sign with the Kings. This suggests that other factors, such as the desire to play in Los Angeles, also played a role in his decision.

Ultimately, the Kings' motive behind the two-year extension for Panarin may be a combination of factors. While Panarin's age and the team's desire to win now are certainly relevant, the potential to pursue McDavid or Matthews in 2028 cannot be dismissed. This calculated approach reflects a long-term vision, balancing immediate competitiveness with future possibilities.