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NHL trade rumours: Artemi Panarin to the Oilers? Insider believes there’s a chance if he wants to chase a cup
Edmonton Oilers Artemi Panarin
Photo credit: Sam Navarro-Imagn Images
Michael Menzies
Feb 2, 2026, 20:00 ESTUpdated: Feb 2, 2026, 20:50 EST
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Could the Edmonton Oilers have eyes on Artemi Panarin?
Insider Dave Pagnotta joined Oilersnation Everyday on Monday and was asked about the Artemi Panarin trade situation. He says that Panarin wants a chance at the Stanley Cup, but also wants an extension. 
Over the weekend, Pagnotta started to hear that if things didn’t work from an extension side with a trade, he would consider being a rental for top echelon teams. 
Enter, the Oilers?
“I don’t want to freak anybody out here. I do believe that if there is an opportunity to chase a Stanley Cup as a pure rental, if no other options present themselves,” said Pagnotta.  
“I think Colorado, Dallas, and Edmonton would be teams that he would consider accepting a deal to as a rental to chase a cup. I think the primary goal is to do that, but link in with an extension. Those are three teams that can’t.”
Teams that remain very interested are Carolina, Los Angeles, and Florida, with Pagnotta labeling destinations like Detroit and Washington as unlikely. 
What a trade package looks like could be similar to Brock Nelson’s swap from the New York Islanders to the Colorado Avalanche. That deal included a first and third round pick, plus top prospect Cal Ritchie, and a contract dump of Oliver Kylington. 
A Panarin deal would likely require the New York Rangers to retain 50 per cent of his $11.6 million cap hit if going to a cup contender. For the Oilers, they would have to include contracts back the other way for the pending unrestricted free agent.
Panarin has scored 19 goals and 57 points this season. 
“Full transparency, I don’t know if these two teams have spoken to the degree in which this would escalate into something in the next 48 hours,” said Pagnotta. 
“Just to reiterate – the word that I got over the weekend was those are three teams, Colorado, Dallas, Edmonton, that, if it was strictly a rental opportunity, and the other opportunities aren’t there for him in terms of extension, that I think those are the three teams that he would be willing to chase a Stanley Cup with for the duration of this season.” 
Michael Menzies is an Oilersnation columnist and has been the play-by-play voice of the Bonnyville Pontiacs in the AJHL since 2019. With seven years news experience as the Editor-at-Large of Lakeland Connect in Bonnyville, he also collects vinyl, books, and stomach issues.

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