Trade Deadline Primer: New York Rangers

With the All-Star break in the rearview, the trade deadline looms large and is now just a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with the New York Rangers.

The New York Rangers have once again found themselves in a rare position atop the standings, while still having the cap space to make a splash at the Trade Deadline. They clearly enjoyed this position last season, making seven different trades between the start of February and the March 3rd deadline. That included their acquisitions of Vladimir Tarasenko, Tyler Motte, and Patrick Kane. But their building didn’t lead to much, with New York losing in the first round of the 2023 Stanley Cup Playoffs. Their busy deadline last season has limited the assets they have to work with this year, though New York are still undeniable favorites to add to their roster once again.

Record

37-16-3, 1st in the Metropolitan Division.

Deadline Status

Buyers

Deadline Cap Space

$4.383MM on deadline day, 0/3 retention slots used, 45/50 contracts used, per CapFriendly.

Upcoming Draft Picks

2024: NYR 1st, NYR 2nd, NYR 4th, NYR 5th, NYR 6th
2025: NYR 1st, DAL 4th, NYR 5th, MIN 5th, NYR 6th, NYR 7th

Trade Chips

Despite the Rangers undergoing a dramatic coaching change this summer, they’re on pace to score just two fewer goals and allow 10 more goals than they did last year. And they’re achieving that scoring in a very similar manner – through dominate performances from Artemi Panarin and his top-line co-leads being offset by productive second-liners and a strong defense. Their outlook for the playoffs is largely similar to what it was this time last season, and thus the Rangers need to be prepared to leverage draft capital as their main bargaining piece once again. First-round draft picks have been the starting point in a lot of trade rumors, as well as both the Elias Lindholm and Sean Monahan deals, and that’s certainly where teams will start talks with the Rangers, who still have their top selections in each of the upcoming three draft classes. New York will need to be ready to part with at least one of those selections at the Deadline.

If they’re steadfast on keeping first-round picks, the Rangers’ trade negotiations will have to start with their prospect pool. New York has plenty of promising defensive prospects, including hard-hitting, two-way defenders in Matthew Robertson and Brandon Scanlin. Neither player has scored much this season – boasting 19 and 14 points respectively – but they’ve each earned NHL attention thanks to their long reach and ability to shut down play in their own zone. They are each awaiting their NHL debut as well, which could entice other teams looking to bank on unrealized potential. The Rangers also boast a trio of highly-discussed forward prospects in Brett Berard, Ryder Korczak, and Adam Sýkora. Berard likely offers the most value of this group, largely thanks to his 16 goals and 31 points in 47 games as an AHL rookie this season, but the less-productive rookies  Sykora and Korczak could serve as secondary options in negotiations. New York could also dangle 6’8″ forward Adam Edstrom who, unlike the aforementioned trio, has already made his NHL debut. Regardless of how they go about it, future capital will be the focus of any Rangers deal.

Team Needs

1) Prioritize Depth First – The Rangers threw off the chemistry of their top-six last season, bringing in two high-end wingers in Kane and Tarasenko that each demanded their own ice time. They should be hesitant to make that mistake again this year, with Vincent Trocheck and Alexis Lafrenière serving well as supports to the team’s stars. It’s depth scoring that will really turn the tides for the Rangers, who don’t currently have a bottom-six forward with 20 or more points. Bringing in proven talents like Scott Laughton or Adam Henrique to fill the role left open by Filip Chytil would provide New York with a much-needed punch down their lineup, while also lifting up low-scoring bottom-six pieces like Kaapo Kakko or William Cuylle. Both Henrique and Laughton also offer leadership qualities that would go a long way towards blending the lineup ahead of playoffs, rather than eating away at the ice time of top producers. Both players fit within New York’s cap space, with Henrique making $5.825MM and on an expiring contract, while Laughton makes $3MM through the end of the 2025-26 season.

2) Don’t Be Afraid To Make A Splash – A focus on adding cohesive depth shouldn’t distract the Rangers from shooting for the stars. Former-Ranger Pavel Buchnevich is reportedly available for the right return, which could be as much as two first-round picks. That’s a steep price to pay for a 28-year-old player set to become a free agent in 2025 but Buchnevich’s point-per-game scoring and familiarity with Madison Square Garden may make it worth it. There is a vacant spot on New York’s productive second-line, currently being manned by Jimmy Vesey, who has just 18 points in 54 games this season. Replacing his spot with Buchnevich would fill the Rangers’ top-six with dangerous scorers, without overcommitting to too many stars like the team did last season. It would also give the Rangers much more room to rotate different talents into their bottom-six, able to feature efficient forwards like Jonny Brodsinski or Cuylle or focus on heavy-hitting and grit through the likes of Matt Rempe and Adam Edstrom. Depth has proven to be the X-factor to countless Stanley Cup winners, and earning this degree of flexibility on top of adding a high-end scorer would add tremendous value to the Rangers lineup. Buchnevich is set to make $5.8MM through the end of next season, meaning the Rangers would likely have to part with a lineup piece in order to remain cap-compliant. Acquiring Buchnevich could also eat away at the short list of assets New York is prepared to trade. But the potential rewards of bringing in such a potent winger could be too great to ignore for a Rangers team sat on the cusp of greatness.

Photo courtesy of USA Today Sports Images.