The big fish of NHL Free Agency has landed in the Big Apple. Reports circulated minutes before the opening window that elite winger Artemi Panarin is signing with the New York Rangers. At the time, there were no financial details...until now.
According to David Pagnotta of the Fourth Period, the deal is believed to be seven years, worth a total of $84 million.
Less than 24 hours ago, it appeared to be a three-team race between the Rangers, New York Islanders, and Columbus Blue Jackets for Panarin's services. The Blue Jackets tried to send an eight-year offer his way, rumored to be worth $13 million annually, but Panarin declined.
The belief is that Panarin left some money on the table in order to sign with the Rangers, whom have been linked to the former Blue Jackets and Chicago Blackhawks forward for the past year.
Still, around $12 million in annual salary isn't a bad discount, as Panarin's presence will accelerate the Rangers rebuild at ridiculous pace.
"Bread Man" got his bread.