As of late January 2026, the New York Rangers find themselves in a turbulent period defined by a front-office shift toward “retooling” rather than contending. Here are the key storylines and upcoming schedule for the week of Jan. 25 – Feb. 1, 2026.
General manager Chris Drury has confirmed the organization is entering a “retool” phase rather than a full rebuild. This signals that while the team is looking to remain competitive in the near future, the current roster mix is no longer viewed as a championship contender as constructed. This announcement has immediately shifted the focus from playoff positioning to asset management.
Trade Rumors Heating Up
With the trade deadline approaching and the retool announced, several key names are in the rumor mill:
Artemi Panarin is now in the final year of his contract with no extension in place and has become a massive trade watch candidate. Rumors have linked him to contending teams like the Los Angeles Kings or Edmonton Oilers.
Veteran center Vincent Trochek is reportedly being shopped, with the Minnesota Wild, Buffalo Sabres, and his former team, the Carolina Hurricanes, emerging as potential suitors.
Despite the team’s struggles and his own difficulties in his first year as captain, reports indicate that J.T. Miller is “untouchable.” He has a full no-movement clause (NMC) and reportedly has no intention of waiving it.
Speculation has surfaced regarding a “change of scenery” trade for Alexis Lafrenière, with some rumors floating a swap for the Seattle Kraken’s Shane Wright, though insiders have pushed back on the likelihood of this specific deal.
Performance Slump & Historic Lows
The Rangers are currently struggling to find consistency, sitting 8th in the Metropolitan Division with a record hovering around 21st to 31st. Recent performances have been concerning, including a 3-1 loss to the San Jose Sharks and a crushing 10-2 defeat to the Boston Bruins earlier in the month.
Rangers Schedule Jan 25 – Feb 1
| Date | Time (ET) | Opponent | Venue | TV / Notes |
| Mon, Jan 26 | 7:00 PM | Boston Bruins | Madison Square Garden | MSG |
| Wed, Jan 28 | 7:00 PM | @ New York Islanders | UBS Arena | TNT, HBO Max |
| Thu, Jan 29 | 7:00 PM | New York Islanders | Madison Square Garden | MSG |
| Sat, Jan 31 | 3:30 PM | @ Pittsburgh Penguins | PPG Paints Arena | ABC |
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