Hugo Ollas

12:26 p.m.: Fox, Shesterkin, and Sheary are off LTIR/IR with winger Brett Berard heading to AHL Hartford and goaltender Hugo Ollas heading to ECHL Bloomington in the corresponding moves, the team announced. Both had been recalled as practice players over the Olympic break.

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11:03 a.m.: The Rangers will activate defenseman Adam Fox and winger Conor Sheary from long-term injured reserve and goaltender Igor Shesterkin from standard IR before tonight’s game against the Flyers, head coach Mike Sullivan told reporters (including Vince Z. Mercogliano of The Athletic). New York has one open roster spot, but will need to open two more before formalizing the moves.

While there will be plenty of starpower re-entering the Blueshirts’ lineup after the Olympic break, it will likely impact the outcome of their season very little. A 2-8-0 slide in their last 10 heading into the pause left them with a 22-29-6 record, leaving them as the only Eastern Conference team below .500 and in an eight-point hole for last place. They have virtually no chance of making the playoffs, but do currently boast 10.4% odds of locking up the first overall pick for the second time in seven years, per MoneyPuck.

Still, getting a pair of household names back in the lineup will make the stretch run far more tolerable for an offensively woeful Rangers team, especially after they offloaded leading point-getter Artemi Panarin in a blockbuster with the Kings at the beginning of the month. Without him, the Rangers have just six names who have crossed the 25-point mark this season with 25 games remaining on the schedule.

One of them is Fox, who’s bounced back in a big way this season after an underwhelming 2024-25 campaign. Of course, underwhelming by the 28-year-old’s standards still meant finishing 12th in Norris Trophy voting, but the 5’11” righty has now reclaimed his place among the few most impactful rearguards in the league – despite what his pre-injury snub from Team USA’s Olympic roster may otherwise indicate.

Various upper-body and lower-body issues have limited Fox to 30 appearances this year, with the latter one costing him 12 games before the break. He’s still managed four goals and 24 assists for 28 points, ranking eighth among NHL defenders with 0.93 points per game. That’s been complemented by Fox having the most offensively-involved season of his seven-year career, averaging 5.30 shot attempts per game, while also recording career-highs in actual (56.4) and relative (11.7) Corsi For percentage at 5-on-5.

Behind him, the Rangers’ right-shot depth is uninspiring. William Borgen is a fine bottom-four shutdown piece, but can’t handle top-pair minutes. Youngster Vincent Iorio was claimed off waivers from the Sharks prior to the break to ease the strain, but he only managed to get into one contest before the schedule paused. They’ve elevated Braden Schneider into top-pairing duties with Vladislav Gavrikov in Fox’s absence this year, but that pairing has controlled just 42.5% of expected goals at 5-on-5 compared to Gavrikov and Fox’s 57.9% mark. That all makes Fox the Rangers’ most valuable skater, at least after Panarin’s departure, by a rather significant margin.

No single player is more tied to the Rangers’ success than Shesterkin, though, as it has been virtually since he entered the league. The 2022 Vezina Trophy winner and Hart Trophy finalist steps back into the starter’s crease after sustaining a lower-body injury against the Mammoth on Jan. 5.

Last season, the 30-year-old didn’t receive any Vezina votes for the first time since his rookie season. That correlated with the Blueshirts missing the postseason for the first time in four years. It’s unclear how his more limited playing time this season due to injuries will impact his standing, but like Fox, he’s had a bounce-back year when healthy.

The 6’1″ Russian is no longer putting up the electric .930+ save percentages we saw early in his career – no one is anymore, for that matter – but his .913 mark and 2.45 GAA are both considerable steps up from last year. He owns a 17-12-4 record through 34 starts and still ranks fifth in the league with 15.5 goals saved above expected, according to MoneyPuck. On a per 60 basis, his 0.464 mark ranks fourth among goalies with at least 30 appearances.

Without Shesterkin, the Rangers have fallen apart with a 5-17-2 record. Aging backup Jonathan Quick has only managed a .890 SV% in 19 starts and one relief appearance, while third-stringer Spencer Martin has a .863 SV% and 4.13 GAA in four starts and two relief appearances. In their 13 games without Shesterkin heading into the break, they only won twice and allowed 4.62 goals per game.

As for Sheary, the 33-year-old winger has had a negligible impact in a bottom-six role after converting a professional tryout in training camp into a two-way deal. Despite averaging 14:35 of ice time per game, his highest deployment in three years, he’s scored just once while adding eight assists for nine points in 37 games.

Dating back to the 2023-24 campaign with the Lightning, the two-time Stanley Cup champion now has just five goals in his last 99 games. After spending most of last season in the AHL, he seems destined to return to a minor-league role next season after failing to make a positive impression in New York. Nonetheless, the Rangers’ dearth of bottom-six forwards and continued injuries to Adam Edstrom and Matt Rempe will mean he returns in a third-line role tonight with Noah Laba and Brendan Brisson. He hasn’t played since sustaining a lower-body injury against the Capitals on New Year’s Eve.

Image courtesy of Brad Penner-Imagn Images.