In a shocking twist that has sent shockwaves through the NHL, insider Elliotte Friedman has revealed major uncertainty surrounding Artemi Panarin’s future with the New York Rangers — and the implications could redefine the team’s long-term trajectory.

According to Friedman, contract talks between Panarin and Rangers management have hit a wall, with the star winger reportedly unwilling to take a hometown discount to remain in New York. The revelation comes just weeks before the regular season, throwing the team’s plans into chaos and leaving fans wondering whether the Rangers are on the verge of losing their franchise cornerstone.

To make matters more dramatic, Minnesota Wild GM Bill Guerin has emerged as a serious contender should Panarin hit free agency. The Wild, who recently secured fellow Russian phenom Kirill Kaprizov with a massive extension, are believed to be exploring ways to reunite Panarin and Kaprizov — two dynamic playmakers with the same agent. The potential pairing has the hockey world buzzing, with analysts calling it a “game-changing move” that could instantly elevate Minnesota to contender status.
Panarin, 33, remains one of the most electrifying forwards in the league, coming off another dominant season where he posted 92 points. However, his projected market value — reportedly hovering around $10.4 million annually for four years — has created hesitation within the Rangers’ front office. By the end of such a deal, Panarin would be nearing 38, leaving the organization wary of cap inflexibility as younger stars like Jason Robertson and Kyle Connor become available next summer.
Adding fuel to the fire are conflicting reports about Panarin’s health. While team officials insist he’s fully recovered from last season’s undisclosed injury, whispers from league insiders suggest lingering issues may complicate negotiations. The lack of clarity has only deepened the uncertainty surrounding his status heading into the new campaign.
For the Rangers, this situation couldn’t come at a worse time. After finishing 11th in the Eastern Conference last season and missing key playoff expectations, the team is desperate to reestablish itself as a powerhouse. Losing Panarin — or being forced into an unfavorable contract — could derail that vision entirely.

As the clock ticks down, one thing is clear: the stakes have never been higher. Will the Rangers double down on Panarin and risk long-term cap strain, or will they pivot toward a younger core and let one of the league’s brightest stars walk away?
Fans are demanding answers, and the NHL world is watching — because this could be the decision that defines the Rangers’ next decade.