Artemi Panarin involved in trade rumors again

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One reaction to the head-spinning series of trades that sent Mike Hoffman to the Florida Panthers was that the trade market for big-time forwards dried up considerably. Would the Montreal Canadiens see less interest in Max Pacioretty with Hoffman off the table and the Panthers no longer shopping, for example?

Well, we might not need to worry about the market drying up, depending upon how one very interesting situation plays out.

Sportsnet’s Elliotte Friedman reports that the Columbus Blue Jackets are “testing the market” for Artemi Panarin after Panarin revealed that he’s not yet ready to discuss a contract extension.

Panarin, 26, can become an unrestricted free agent after his $6 million cap hit expires following the 2018-19 season. One can absolutely understand why Panarin would want to maximize his value during the summer of 2019. Despite earning a Calder Trophy in 2015-16 and basically being a star since he entered the NHL following a strong KHL career, Panarin’s been in a tough spot when it comes to leverage, whether it be during his Chicago Blackhawks days or now with Columbus.

So it makes a lot of sense that Panarin wants the freedom to “test the market” himself.

It also is sensible that Columbus wants to gauge its financial future regarding Panarin and others.

The 2019 summer stands as a terrifying obstacle for the Blue Jackets, as Sergei Bobrovsky stands alongside Panarin as a pending UFA who could be in line for a big raise (even more than Bob’s current cap hit of $7.425M).

If that isn’t enough to make you mutter a “yikes,” consider that superstar defenseman Zach Werenski and coveted backup Joonas Korpisalo are both slated to become RFAs next off-season.

To recap: the Blue Jackets don’t know how much it would cost to retain Panarin, Bobrovsky, and Werenski after next season.

/insert another yikes.

By just about every measure, Panarin proved that he wasn’t merely Patrick Kane‘s running mate during his first season in Columbus. Panarin’s 82 points weren’t just a career-high, they also topped all Blue Jackets scorers by 25 points.

(Seth Jones came in second with 57. You have to reach all the way down to rookie Pierre Luc-Dubois’ 48 points to find the next highest-scoring Blue Jackets forward. Yeah.)

Oh yeah, Panarin was also a force during Columbus’ series against the Washington Capitals, scoring an overtime game-winner that oozed swagger:

That skill and swagger will come at a cost, and maybe the Blue Jackets would be forced to cut their losses via a trade? If Panarin is truly available, then any contender should go big to try to land him. His skills and affordable $6M cap hit make him a true game-changer.

Of course “testing the market” doesn’t mean that the Blue Jackets are likely to make a move. This could be more like dipping a toe in the water rather than diving in the deep end.

Blue Jackets GM Jarmo Kekalainen provided the response you would expect:

“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.”

Still, it’s fascinating to imagine all of the possibilities. Could the Vegas Golden Knights absorb some of Columbus’ other cap worries to grease the wheels? Might the Penguins improbably move Phil Kessel in some sort of mega-trade? Maybe the San Jose Sharks would get in on the star winger, or could it be the offense-needy Blues? (Remember, Vladimir Tarasenko campaigned enthusiastically for Panarin before he signed his first NHL deal.)

It’s all a lot of fun to think about, as people arguably still don’t realize how great Panarin is.

Well, it’s fun to get your imagination going unless you’re a fan of the Columbus Blue Jackets. Then you’re fearful that your team’s first true “gamebreaking” forward might just break your heart.

James O’Brien is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @cyclelikesedins.