Exactly one week after the Rangers pulled Artemi Panarin from the lineup for āroster managementā purposes, the inevitable happened.
As predicted, he was moved before the NHL Olympic roster freeze ā shipped to the Los Angeles Kings in exchange for a conditional 2026 thirdāround pick, a 2028 fourthāround pick, and prospect Liam Greentree. The Rangers are also reportedly retaining 50% of Panarinās salary for the remainder of the season.
Trade details:
ā Frank Seravalli (@frank_seravalli) February 4, 2026
To #GoKingsGo:
Artemi Panarin (50% retained)
To #NYR:
Liam Greentree
Cond. 2026 3rd Rd Pick
Cond. 2028 4th Rd Pick
Panarin camp only presented LA as option. Panarin is expected to complete contract extension shortly with Kings, they had substantive talks leadingā¦
For Rangers fans ā myself included ā who had no idea who Liam Greentree was before today, here are the essentials: Greentree is a 20āyearāold, 6ā3ā right winger weighing 191 pounds. He was selected 26th overall by the Kings in the first round of the 2024 NHL Draft.
You can read more about the Rangers' newest prospect here.
Even with Greentreeās rĆ©sumĆ©, this return leaves Rangers fans wanting more. A player of Artemi Panarinās stature typically commands a firstāround pick, a top prospect, and an NHLāready roster piece. That didnāt happen here.
Maybe Panarinās trade value wasnāt as high as we assumed. Or maybe the swarm of āinsidersā didnāt know nearly as much as they claimed.
Because according to Rangers beat writer Mollie Walker, the Kings were the only team Panarin was willing to waive his noāmove clause for. That report gained even more credibility when Panarin immediately signed a teamāfriendly twoāyear extension worth $11 million per season ā a deal his agent almost certainly negotiated with Los Angeles before the freeze.
This two-year deal that Panarin signed with the Kings is a bit of a head-scratcher. Why couldnāt Artemi Panarin have signed this deal with the New York Rangers? The prevailing thought was that he wanted a long-term, big-money contract with the Rangers, and that was what made trading Panarin an easier pill to swallow. There seems to be a story behind the scenes here that we are not privy to.
The fact of the matter is that āThe Letter 2.0ā absolutely shaped and shifted the trajectory of the Breadmanās thinking about trying to work things out with Chris Drury and the New York Rangers. In my opinion, this was his last straw and highly influenced his decision toward accepting his fate away from the Rangers.
Furthermore, another carrot dangling in front of any potential Artemi Panarin trade was the Rangers opportunity to poach a 2026 first-round pick from a desperate team. This draft is supposed to be loaded with talent, and obtaining a pick in that draft for a player of Panarinās pedigree should have been paramount. But that simply didnāt happen.
ARTEMI PANARIN IS AN LA KING. š
ā LA Kings (@LAKings) February 4, 2026
Full release š°š² https://t.co/2pUOAa8SPk pic.twitter.com/u5NwmyQ7m5
Now more than ever before, Chris Drury needs to win Vincent Trocheck trade
Given the light return, it now becomes imperative for Chris Drury to maximize whatever he can get for Vincent Trocheck to balance the scales. And Trocheck, with his versatility and extremely manageable $5.625 million AAV, could be a sneaky differenceāmaker for any playoff contender.
Weāll see how Trocheckās situation unfolds as we approach the postāOlympic deadline on March 3. The Rangersā trade spotlight now swings toward him, lighting up the sky like the Bat Signal for every wināhungry NHL GM to chase.
There are plenty of teams in the hunt for Trocheckās services, and itās incumbent on the Rangersā muchāmaligned general manager to squeeze every last drop of juice from this orange to make any of this worth it.
Panarin, meanwhile, dramatically boosts the Kingsā roster and gives a jolt to a power play that desperately needs him. Los Angeles has one of the worst power plays in the league, scoring just 25 goals on 158 opportunities.
This truly marks the end of an era. He was arguably the most productive freeāagent signing in Rangers history: 205 goals, 402 assists, and 607 points in 482 games. He left an indelible mark on the franchise and delivered countless memories and gameābreaking performances ā the kind that linger for years, even if, to borrow from Sam Rosen, ānot a lifetime.ā Aside from Henrik Lundqvist, who was born and raised a Ranger, Panarin will go down as one of the greatest Blueshirts ever to leave without winning a Stanley Cup here.
I sincerely wish him well in Los Angeles and hope he brings the Kings even half the joy he gave the Blueshirts faithful. And when he returns to The Garden on March 16, heāll be met with a deafening ovation from the fans he thrilled for so many years.
