Rangers’ odds to win 2020 Stanley Cup cut in half after landing former Blackhawk Artemi Panarin

Artemi Panarin
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The New York Rangers’ chances to win the 2020 Stanley Cup doubled with the acquisition of left wing Artemi Panarin, an odds adjustment in Las Vegas implies.

The Rangers, listed at 60/1 odds at the Westgate SuperBook as of Monday morning to win next season’s NHL title, were adjusted to 30/1 upon news on the first day of free agency that Panarin was headed to Madison Square Garden.

Conversely, the Columbus Blue Jackets – with whom Panarin spent the last two seasons following a 2017 offseason trade from the Chicago Blackhawks – saw their futures odds lengthen from 40/1 to 60/1. The Blue Jackets tried to keep Panarin, one of this offseason’s most coveted free agents, offering him an eight-year, $96-100 million deal, or $12-12.5 million per season, The Athletic reported Sunday night.

Panarin, 27, reportedly accepted a less valuable deal with the Rangers, agreeing to $81.5 million over seven years, or $11.6 annually, per Hockey Night in Canada’s Elliotte Friedman.

The New York Islanders, as recently as Sunday, were considered the favorites to land Panarin, but their Stanley Cup odds remain unchanged at 30/1. The Florida Panthers, another Panarin suitor, are also unchanged, at 20/1.

More: NHL betting coverage