Panarin Rejects Kraken’s $56M Offer

Panarin Rejects Kraken’s $56M Offer

In a surprising turn of events, Artemi Panarin has rejected a lucrative offer from the Seattle Kraken worth $56 million over four years. The offer included an average annual value (AAV) exceeding that of NHL star Leon Draisaitl, reported to be $14 million. Instead, Panarin opted for a trade to the Los Angeles Kings, securing a two-year, $22 million extension.

Panarin’s Decision to Join the Kings

Sources indicate that Panarin discussed his potential move exclusively with the Kings on Wednesday, making his preference clear to the New York Rangers. The Rangers subsequently traded him to Los Angeles in exchange for prospect Liam Greentree and conditional draft picks.

Seattle Kraken’s Stance

Kraken general manager Jason Botterill confirmed their interest in Panarin, revealing ongoing talks with his agent, Paul Theofanous. Botterill expressed the franchise’s commitment to enhancing the team’s competitiveness, noting, “We won’t comment on discussions with agents/players.”

Current Standings and Player Performance

As the season unfolds, the Kraken maintain their position in the Pacific Division, currently sitting third, three points ahead of the Kings. In terms of individual performance, Panarin has accumulated 19 goals and 57 points across 52 games this season. Meanwhile, the Kraken’s leading scorer, Jordan Eberle, has managed 20 goals and 38 points in 54 games.

Key Statistics

  • Artemi Panarin’s rejected offer from Kraken: $56 million over four years
  • Average annual value (AAV) surpasses Leon Draisaitl’s $14 million
  • Panned trade details: Two-year, $22 million extension with Kings
  • Goals and points: Panarin – 19 goals, 57 points in 52 games
  • Kraken’s leading scorer: Jordan Eberle – 20 goals, 38 points in 54 games

This decision marks a significant moment in Panarin’s career and the ongoing transactions within the NHL. As the trade deadline approaches, both teams will look to solidify their rosters for the remainder of the season.