Overview
- Los Angeles landed Panarin just before the Olympic roster freeze, with New York retaining 50% of his salary in a deal that sent prospect Liam Greentree and a conditional 2026 third-round pick to the Rangers.
- The conditional pick becomes a second-rounder if the Kings win one playoff round, with an additional 2028 fourth-rounder conveyed if they win two.
- Panarin signed for two years and $22 million with a full no-move clause, a structure heavy on signing bonuses ($20 million total) and a $1 million base salary each season.
- The 34-year-old said he only wanted the Kings and refused to be a short-term rental, citing fit and immediate term as requirements.
- The Kings expect Panarin to boost 5-on-5 scoring and the power play; he is slated to practice on Feb. 18 and make his debut Feb. 25 against the Golden Knights.