The big trade we expected to see before the NHL’s pre-Olympic trade freeze actually happened. The New York Rangers traded star forward Artemi Panarin to the Los Angeles Kings. The Rangers retained half of Panarin’s cap hit.
Following the trade, Panarin agreed to a two-year extension with the Kings that has an $11M cap hit.
In return, the Rangers will receive forward prospect Liam Greentree and two draft picks. As Mollie Walker of the New York Post outlined on Twitter, the picks are “a conditional 3rd that can become a second if the Kings win 1 playoff round (would be better of two Kings 3rds) and a conditional fourth-rounder in 2028 if the Kings win 2 playoff rounds.”
Greentree, 20, was the 24th overall pick in the 2024 NHL Draft and was considered the Kings’ top prospect. He’s currently playing with Blackhawks prospect AJ Spellacy in Windsor of the OHL.
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