Here's an interesting development as we approach the NHL Draft: Artemi Panarin has informed the Blue Jackets that he's not ready to consider an extension "at this time" and because of that, Columbus is testing the market for the Russian winger, according to Elliotte Friedman of Sportsnet.
Blue Jackets general manager Jarmo Kekalainen responded to the report shortly after in a statement released by the team:
"Artemi is an elite National Hockey League player. Our position has been that we want him to be a Blue Jacket for many years and that has not changed. He has a year left on his contract, so there is plenty of time to work towards that end. Should anything change moving forward, we will address it at that time and any decision we make will be in the best interest of our club.”
Ironically, Panarin was traded to Columbus on the afternoon of last year's draft as part of a blockbuster package that sent Brandon Saad back to Chicago. It shook up the hockey world, and has the potential to do so again.
Panarin is set to become an unrestricted free agent in 2019, but is free to sign an extension with Columbus on July 1. Clearly, that doesn't seem to be in the cards right now and it's why the Blue Jackets have to put out feelers. They can't risk losing him for nothing.
On the flip side, Panarin has every right to test the open market. He has one year left on his contract that carries a $6 million cap hit. He's due for a hefty raise, will be 27 years old next summer — the prime of his hockey career — and will certainly be looking for a long-term deal after accepting a bridge contract with the Blackhawks.
Speaking of whom, should his former team explore bringing him back to Chicago now that he's on the market?
Every general manager should and will do their due diligence and call for an asking price, Stan Bowman included. Those conversations might start with Alex DeBrincat or Nick Schmaltz, and if that's the case, you say thanks but no thanks and move on.
The Blackhawks have the Nos. 8 and 27 picks in this year's draft as possible ammunition, but the Blue Jackets are ready to take that next step. They were up 2-0 in their first-round series before losing four straight to the eventual Stanley Cup champion Washington Capitals. It's unlikely they'd be looking to center a potential deal around draft picks.
The only way you even consider it from the Blackhawks perspective is if Panarin is guaranteed to sign a long-term extension at a price you're comfortable with, but that's one of the main reasons why they traded him in the first place.
To cap it all off, trading for Panarin wouldn't even address the Blackhawks' biggest need and that's a Top 4 defenseman. Those don't grow on trees. The Blackhawks will have the cap space to sign a player like James van Riemsdyk to patch up their top 6. You can't say the same for the free-agent blue line group.
So while it may certainly be fun for Blackhawks fans to come up with possible trade scenarios to get Panarin back in an Indianhead sweater, it just doesn't make great sense for a variety of reasons.