Tuesday, July 2, 2019

What the Panarin Signing Means For the Rangers


Now this is what I call an off season. Since hiring John Davidson to be their President of Hockey Operations, the Rangers have been on quite a roll.

First they acquired defenseman Adam Fox from the Carolina Hurricanes for a second round pick. Next they fleeced the Winnipeg Jets out of defenseman Jacob Trouba for what amounted to Neal Pionk and the same first round pick they received for Kevin Hayes at last year's trading deadline. Then with their own number one pick they drafted Kaapo Kakko, the player everyone agrees is going to be a star in this league.

For most organizations, that would be a pretty good haul. But Davidson and company weren't done. On the first day of free agency, they signed Artemi Panarin - arguably the best player on the board - to a 7 year $81.5 million dollar contract. The cap hit comes out to $11.6 million per year, meaning the Rangers will have to do some pruning in order to sign their other players and still remain under the salary cap. As of this moment they have just over $8 million in cap space and they still need to sign their RFAs: Trouba, Brendan Lemieux, Pavel Buchnevich and Tony Deangelo. Assuming Trouba gets $7 million - he was making $5.5 last season - Buchnevich gets $3 million and Lemieux and Deangelo each get a million, that puts the Rangers $4 million over the cap. With the deadline for buyouts expiring this past Sunday, trades are the only option available to G.M. Jeff Gorton.

So who goes? The smart money's on Chris Kreider who, at $4.6 million against the cap, is scheduled to be an unrestricted free agent after this season and, apart from Panarin and Mika Zibanejad, is the team's most marketable player. He could easily fetch a first round pick. But ask yourself this question: Does this team really need another first round pick or bodies that can help them win? I submit the latter. With that in mind, I think Gorton should do everything possible to keep Kreider. Players who can score between 25 and 30 goals a season don't grow on trees. In fact, the Rangers just ponied up $81 million to get their hands on one.

Yes, I know Kreider can be an enigma. He had 20 goals halfway through last season and just 8 the rest of the way, but part of that slump was due to the fact that Mats Zuccarello, his line mate, had been dealt at the trade deadline. I'd hate to give up on him only to see him become a star elsewhere. Will he demand a huge pay raise? Of course, but keep in mind, the Rangers are currently carrying $3.6 million in dead cap space courtesy of the Dan Girardi buyout two years ago. Next year, that number goes down to $1.1 million. That's a net gain of $2.5 million, all of which can go to Kreider.

If I were management, I'd try to get what I can for Vladislav Namestnikov, who at $4 million against the cap, has been a bust since he came here as part of the Ryan McDonagh deal with the Tampa Bay Lightning. Even if all they get is a second or third round pick, it's worth it. I'd much rather move an underperforming player than one who could play an integral part in a resurgent team looking to make its first post season appearance in three years.

But apart from the cap concerns, Panarin is the most significant acquisition this team has made in quite some time. He isn't just a scorer, he's a complete player who makes others around him better. He was clearly the best player for the Columbus Blue Jackets last season and he led the team in playoff scoring with 11 points in 10 games. He's Rick Nash, if Nash had been a clutch player. Don't be surprised if head coach David Quinn doesn't have Zibanejad centering a line with Panarin on the left and Kakko on the right.

And now for the sixty-four thousand dollar question. Does Panarin get the Rangers into the playoffs? That depends on whether the "kids" develop the way everybody hopes they do. Filip Chytil and Lias Andersson - both centers - will be entering their second NHL season and one of them has to blossom in order for this team to have a legitimate second line. Brett Howden and Ryan Strome will likely center the third and fourth lines. If Kreider stays, his presence will greatly enhance the team's chances of a post-season spot.

One thing's for certain: this year's Rangers will be a lot more entertaining to watch than last year's, and the following year will be even better. As this core grows up and begins to establish itself, we could be looking at a truly solid team for years to come. Once Henrik Lundqvist and Marc Staal are gone in two years, this will be one of the youngest teams in the league.

The group of players that Glen Sather assembled over a decade ago came close a couple of times to drinking from Lord Stanley's Cup. Maybe with Davidson at the helm this time around, lady luck might shine her light on this organization and bless it with a championship or two.

1994 is getting to be a long time ago.