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Kings Land Artemi Panarin on Two-Year, $22 Million Deal After Trade With Rangers

Panarin chose Los Angeles over richer offers, using his no‑move clause to secure a two‑year extension.

Overview

  • Los Angeles acquired Panarin from New York for prospect Liam Greentree and a conditional draft pick, with the Rangers retaining 50% of his salary.
  • Team officials project Panarin to practice through the Olympic break and make his Kings debut on Feb. 25 against the Golden Knights.
  • Panarin said he "never wanted to go anywhere else," joking he would have returned to Russia if a Kings deal had not materialized, and multiple reports say he declined longer, richer terms from Seattle.
  • General manager Ken Holland framed the move as a push to improve immediately, with analysts expecting Panarin to lift the offense and power play and provide a confidence boost across the roster.
  • Rangers coach Mike Sullivan said New York will replace Panarin’s production by committee as the club enters a retooling phase following the deal and recent struggles.