Trade Deadline Primer: New York Rangers

With the 4 Nations Face-Off break approaching, the trade deadline looms large and is about 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.

This Trade Deadline may not mean more for one team than for the New York Rangers. They’ve been among the most active teams this season, dealing away Jacob Trouba, Filip Chytil, and Victor Mancini in deals that landed them J.T. Miller and Urho Vaakanainen. Their early returns have proven more promising than many expected, but it hasn’t been enough to pull the Rangers up from their slide down the standings. They enter mid-February in firm competition for the Eastern Conference wild cards with four other teams. The Rangers have scored the second-most and allowed the 10th-most goals in the league since the start of January and could be poised to lean into their inconsistent year with an overhaul at the deadline.

Record

27-24-4, 5th in the Metropolitan Division

Deadline Status

Buyer

Deadline Cap Space

$16.48MM on deadline day, 0/3 retention spots used, 47/50 contract spots used, per PuckPedia.

Upcoming Draft Picks

2025: SEA 3rd, ANA 4th, MIN 5th, SEA 6th, NYR 6th, NYR 7th
2026: NYR 1st, NYR 3rd, NYR 5th, NYR 6th, VAN 7th

Trade Chips

A deadline with such high stakes will inevitably force the Rangers to make some more tough decisions. Many of their core veterans have looked out of touch with their prime or out of sync with each other for nearly the entire season. That precedent is head-manned by former 50-goal scorer Chris Kreider, who entered the year on the heels of three dazzling seasons. Kreider scored 52 goals and 77 points in 81 games of the 2021-22 season and succeeded with 36 and 39 goals in the following two years. After nine years of finding his footing at the top flight, Kreider seemed to finally be blossoming into the routinely great goal-scorer he showed the potential to be. But that flame has fizzled out, and Kreider stands with just 16 goals and four assists through 47 games this season – an 82-game pace of 28 goals and 35 points. That monotonous scoring will put him at the top of the list as New York looks like a place where they may be able to bolster their lineup.

Close behind Kreider will be longtime linemate Mika Zibanejad, who’s also struggled to find ground all season. Zibanejad has a commendable 11 goals and 37 points in 55 games on the year, but his stat line is marred by a -24 – and his ice time has fluctuated between as little as 13 minutes and as much as 24 minutes through points this season. He’s been hard to trust and endured an eight-game scoring drought through December. Zibanejad likely holds the upper hand over Kreider when it comes to New York’s chopping block, given his boost in scoring and 53.1 faceoff percentage. However, questions emerging on year three of his eight-year, $68MM contract could be enough to send Zibanejad – and his $8.5MM annual cap hit – packing for the right return. The Fourth Period’s David Pagnotta has reported multiple times that Zibanejad is willing to waive his no-move clause for the “right situation.”

New York faces a similar competition on their blue line as well, where both Ryan Lindgren and K’Andre Miller have failed to inspire much of anything. The duo has 15 points in 50 games and 13 points in 49 games, respectively, and each boasts negative plus-minuses. Lindgren has served as the handcuff to Norris Trophy winner Adam Fox through parts of the last three seasons, while Miller has gained a boost in minutes in the wake of Trouba’s departure. Both players fill a strong role, but neither has found the offense needed to support one of the NHL’s lowest-scoring blue lines. Rangers defenders have combined for just 18 points on the year. That’s fewer goals than Cale Makar (22), and one higher than Zach Werenski (17), have managed on their own this season.

The Rangers still stand in an advantageous position with any looming moves. While Kreider has had a down year, his scoring precedent and 862 career games will still command a high price. The cost will be even more to afford one of Zibanejad, Miller, or Lindgren – who each fill roles that will need to be immediately replaced should the Rangers want to stay competitive. That sets New York up for a potentially lucrative swap of roster players that are bolstered by their lack of any retained contracts.

Team Needs

1) Offensive Defensemen: Acquiring another scoring defenseman will be about more than improving their blue line’s collective goals. New York superstar Fox scored a career-high 17 goals last season, bolstered by each of Erik Gustafsson, Miller, and Braden Schneider contributing their own handful (eight, six, and five respectively). But with no downhill jump behind him this year, Fox has fallen to just four goals in 40 games. He’s maintained the year with a dazzling 40 assists – fifth-most among NHL defenders – but Fox is still set to snap his three-year streak of 70-point seasons when this year ends.

He needs another creator to help lift the defense-first Rangers, which could point the team toward Chicago Blackhawks defender Seth Jones. Jones and his lofty contract have been on and off the trade block over the last few seasons – but his lack of belonging in Chicago has become glaring this year. He leads the Blackhawks blue-line with 26 points in 38 games and leads the lineup with an average of 24:38 in ice time. Those marks will leave a humongous hole in Chicago’s lineup should Jones get moved, but the right price could land the all-offense, no-defense defender on a playoff contender.

Should New York prefer a hardier future bet, with a cheaper price tag than Jones’ $9.5MM cap hit, they could also turn towards recent Buffalo Sabres acquisition Bowen Byram. It’s hard to think Buffalo moves Byram without a substantial return, rooted in plenty of future capital. That could be a tough price for New York’s desolate prospect pool, but the return would be an all-out scorer capable of playing top-pair minutes. Byram has 29 points in 54 games this season and averages 23 minutes of ice time each game. He’s already been moved once and would become the second-youngest defenseman on New York’s blue line with a move. That could be the exact kind of lucrative bet the Rangers need to pull back into serious playoff contention.

2) Wing Depth: If not a defender, the Rangers need to use this Deadline to figure out their flanks. Their wingers have been incredibly inconsistent this year. Aside from Artemi Panarin – who leads the team with 57 points in 53 games – the Rangers’ most reliable winger has arguably been William Cuylle, who’s scored a career-high 29 points in 55 games from the team’s third line. Cuylle sits just three points behind former first-overall pick Alexis Lafreniere in scoring, and ahead of both Kreider and summer addition Reilly Smith. With the latter three all losing ground this season, the Rangers desperately need someone to right the ship in their top six.

That could make them a golden landing spot for red-hot Pittsburgh Penguins winger Rickard Rakell, who’s managed 25 goals and 45 points in just 56 games this year. That’s already 11 more points than Rakell managed last season, but still 21 shy of his 69-point career-high from 2017-18. He’s been a routine goal threat, capable of maintaining his scoring through changing lineup roles and mid-season trades. Rakell’s hot year will likely demand a package beginning with a first-round pick. That’ll be a tough pill to swallow for the Rangers, but they’re falling in the playoff race to the Columbus Blue Jackets – and a lofty trade could be exactly what’s needed to spark a slouching lineup.

Images courtesy of USA Today Sports.