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NHL RumorsNHL Trade Deadline

NHL Rumors: New York Rangers, Los Angeles Kings, and the Toronto Maple Leafs

Mark Easson 02/05/2026
3 Min Read
The New York Rangers didn't have leverage, the LA Kings will need a centerman, and the Toronto Maple Leafs will need to weigh some decisions.
New York Rangers left wing Artemi Panarin (10) attempts a shot defended by Toronto Maple Leafs defenseman Oliver Ekman-Larsson (95) during the second period at Madison Square Garden. Mandatory Credit: Dennis Schneidler-Imagn Images
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The New York Rangers didn’t have much leverage, and the LA Kings will need to find a center this offseason

TSN: Pierre LeBrun said the Los Angeles Kings’ main priority this offseason will be to find a center to replace Anze Kopitar, who will be retiring after the season.

Artemi Panarin’s agent, Paul Theofanous, had indicated to the Rangers in the final hours before the 3 PM trade freeze that the Kings would be the only team that Artemi would waive his no-movement clause for.

“But the big part here and the reaction from other NHL teams was, wow, only a two-year extension. How did the Kings get that done? That’s the topper here for LA: it’s not a four-year extension. It’s not a five-year extension. It’s two years times $11 million a year. And that’s the real cherry on the sundae for the LA Kings. Makes a whole lot of sense for them.”

NHL Trade: New York Rangers Trade Artemi Panarin to the Los Angeles Kings

Chris Johnston adds that Panarin’s no-movement killed any leverage the Rangers had, which is why the return seemed underwhelming – Liam Greentree, and conditional 3rd and 4th round picks.

Moving Panarin now gives Rangers GM Chris Drury more time to focus on trading some other players.

The Toronto Maple Leafs will weigh the contract asking price vs the potential trade return

TSN: The Toronto Maple Leafs will take the Olympic break and the next three weeks to gauge the interest in their pending UFAs and some others, according to Darren Dreger. GM Brad Treliving will also talk to some of the agents for their UFAs to get an idea of numbers, if possible, and weigh that against any potential trade return. Some other Canadian teams will be doing the same.

NHL Rumors: Rangers, Sharks, Capitals, Panthers, Lightning, and Blue Jackets

“So it’s not just Toronto. I mean, Toronto has a lot going on right now. Certainly, we’ll have a lot coming out of the break. But you look at Winnipeg, you look at Calgary, you look at Vancouver, all Canadian clubs with big decisions to be made.”

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TAGGED:Artemi PanarinLos Angeles KingsNew York RangersToronto Maple Leafs
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2025-26 Critical Dates

Feb. 1: NHL Stadium Series at Raymond James Stadium (Lightning vs. Bruins)
Feb. 4-22: Trade Freeze
Feb. 6-16: Teams can’t practice
Feb. 6-24: Olympic break
Feb. 11-22: Olympic Games in Milan
Feb. 25: NHL resumes
Mar. 6: NHL Trade Deadline (3 p.m. ET)
Apr. 16: Regular Season Ends
Apr. 18: Stanley Cup Playoffs begin
TBA: 2026 NHL Draft Lottery
June 21: Last possible day for 2026 Stanley Cup Playoffs
June 26-27: 2026 NHL Draft
July 1: Free agency begins (12 p.m. ET)

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