The New York Rangers are reportedly interested in acquiring Buffalo Sabres forward JJ Peterka, who is a restricted free agent (RFA) this offseason. While some suggest an offer sheet might be the way to go, a trade would ultimately be a more beneficial approach for the Rangers.
Peterka, 23, has emerged as a promising young talent for the Sabres. This past season, he showcased his offensive abilities by scoring 27 goals and 41 assists for 68 points in 77 games. His performance placed him second in team scoring, primarily playing on the top line. Over his NHL career, Peterka has accumulated 67 goals and 83 assists for 150 points in 238 games. Drafted 34th overall in the 2020 NHL Entry Draft, Peterka's consistent improvement makes him an attractive target for teams seeking to bolster their forward ranks.
Recent reports indicate the Rangers' strong interest in Peterka, with NHL analyst Elliotte Friedman speculating that the team is preparing an offer sheet for the young forward. However, there are several reasons why a trade would be a more strategic move for the Rangers.
One key factor is the compensation required for an offer sheet. If the Rangers were to sign Peterka to an offer sheet worth under $7 million per season, they would need to surrender a first-round pick and a third-round pick. If the offer sheet exceeds $7 million, the compensation increases to a first-round, a second-round, and a third-round pick. The Rangers currently do not possess their 2026 second-round pick, complicating matters. Acquiring that pick would be necessary to make a competitive offer sheet, adding another layer of complexity to the process.
Furthermore, even if the Rangers were to offer a contract that Buffalo couldn't or wouldn't match, the Sabres could simply match the offer sheet. Buffalo currently has over $23 million in cap space and needs to re-sign Peterka, Jack Quinn, Ryan McLeod, Bowen Byram, and Devon Levi this offseason.
A trade, while potentially requiring a significant package of players or prospects, allows the Rangers to negotiate directly with the Sabres and potentially retain more of their draft capital. The Sabres have reportedly expressed interest in players who can contribute immediately, rather than focusing solely on future assets. This could open the door for the Rangers to construct a trade package centered around established players and promising prospects who fit the Sabres' timeline.
Moreover, a successful trade avoids the potential for strained relations between the Rangers and Sabres. An offer sheet, especially if matched, could create animosity between the two franchises, potentially hindering future negotiations. A trade, on the other hand, allows both teams to address their needs and maintain a professional working relationship.
Given Peterka's age and potential, the Sabres would likely demand a significant return in any trade. However, the Rangers have the assets to make a compelling offer. By exploring trade options, the Rangers can potentially acquire Peterka while preserving valuable draft picks and avoiding the complexities and potential pitfalls of an offer sheet.