Trade grades: What can Brett Kulak do for the Avalanche?
Ryan S. Clark, Kristen Shilton and Greg Wyshynski
created: Feb. 24, 2026, 3:33 p.m. | updated: Feb. 24, 2026, 10:44 p.m.
Open Extended ReactionsThe 2025-26 NHL trade season continues now that the Olympics -- and the Olympic roster freeze -- are over.
(OK, probably two, considering the team Panarin really wants to play for, the Florida Panthers, didn't have anywhere near the cap space flexibility to welcome him to the South Beach party.
The way the Panarin trade derby worked: Rangers general manager Chris Drury opened the process to teams that were willing to trade for him and extend him, which is what Panarin wanted.
He has 57 points in 52 games on a terrible team this season, after 89 points in 80 games last season.
How did both general managers perform in what is easily the biggest trade of the season to this stage?
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