Before losing two franchise pillars (defenseman Adam Fox and netminder Igor Shesterkin) to injury, the New York Rangers “had been aggressively trying to trade for reinforcements,” the Athletic’s Vince Z. Mercogliano reported yesterday.
Citing multiple league sources, Mercogliano reported that the Rangers “have been pushing hard” to acquire veteran winger Kiefer Sherwood from the Vancouver Canucks, but have found the Canucks’ reported asking price of at least a first-round pick to be “prohibitive.”
The Rangers aren’t alone in their interest in Sherwood. Not only is he one of the league’s more popular trade candidates, but earlier this week, we covered reports coming out of Vancouver that the Canucks made a renewed push to try to sign the pending UFA to a contract extension.
Per CHEK and The Athletic’s Rick Dhaliwal, the Canucks made a four or five-year offer to Sherwood with an AAV north of $4MM.
With Sherwood looking increasingly likely to be traded at some point before the March 6 trade deadline, Mercogliano’s report is one of the first coming from a rival team showing clear motivation to acquire Sherwood.
On paper, it’s easy to see why New York might be interested in the veteran winger.
While new Rangers head coach Mike Sullivan and his staff have done a great job patching up the Rangers’ defense, something that was a glaring issue last season, their renewed focus on strong team defense appears to have come at the cost of the club’s offensive attack.
The Rangers rank No. 22 in the NHL in goals scored this season, and have played more games than all but one team below them. They have scored just six more goals than the St. Louis Blues, who rank last in the NHL in goals scored.
The addition of Sherwood, whose 17 goals this season would lead the Rangers, not only would provide the Rangers with a much-needed scoring boost, but he’d also bring a level of physicality and aggression that could benefit the Rangers’ forward group.
But while New York would certainly improve its immediate competitive fortunes by acquiring Sherwood, it’s fair to question whether such a move is in the franchise’s long-term best interests. The team is hardly the only club interested in acquiring Sherwood, a fact that is likely to enhance the Canucks’ odds of receiving their desired first-round pick asking price. Even if the cost is ultimately more in the second-round range, that’s still a valuable draft asset.
Should the Rangers, who sit outside of the playoff picture looking in and are missing two key players to injury, spend that kind of asset for immediate scoring help, especially when that scoring help is a pending UFA?
While New York likely wants to maximize its chances to win while Fox and Shesterkin (and other veterans such as Mika Zibanejad and J.T. Miller) are in their prime, it might not be wise to spend such an expensive asset on Sherwood. For as many positive qualities as he has as a player, he’s not the kind of addition that will suddenly make a middling Rangers team into a true Stanley Cup contender.
New York could badly use an infusion of young talent with upside onto its roster. Their prospect pool was ranked No. 21 in the NHL in August by Elite Prospects, but some key names look increasingly unlikely to become true NHL difference-makers, such as No. 4 prospect Brennan Othmann.
The Rangers do hold two first-round picks and a second-rounder thanks to the offseason’s K’Andre Miller trade, but given where the Rangers are in their competitive cycle, one could argue the Rangers would be better off making those picks instead of trading them for a 30-year-old pending UFA.
New York doesn’t have the easiest road back to true Stanley Cup contention, and the debate regarding their interest in Sherwood is a prime example of why. For what it’s worth, it does appear that the injuries to Fox and Shesterkin may have altered New York’s outlook on this season. Mercogliano cited two additional league sources who “believe some degree of selling is an increasingly likely outcome for the Rangers” this season.
If that ends up being the case, the Rangers could go a long way towards replenishing their stable of draft picks and prospects, especially if they end up trading pending UFA Artemi Panarin, their leading scorer. Panarin carries a full no-move clause on his contract, so any effort to trade him would need to come with the player’s direct involvement and sign-off.
If the Rangers are concerned with trying to win a Stanley Cup during what remains of the prime years of Shesterkin, 30, it could be that taking a small step back in 2025-26 is the best way to take a more substantial leap forward for 2026-27 and beyond.
Photos courtesy of Timothy T. Ludwig-Imagn Images