The Los Angeles Kings have officially signed star forward Artemi Panarin to a two-year contract extension, according to a report from Pierre LeBrun. The agreement is worth a total of $22 million, carrying an average annual value (AAV) of $11 million per season.
The extension ensures that Artemi Panarin remains under contract with the Kings for the duration of the new deal, solidifying his place as a cornerstone of the franchise's offensive core. Since arriving in Los Angeles, Panarin has been a primary contributor to the team's scoring efforts, consistently ranking among the league's top playmakers. The $11 million AAV reflects his high-end production and his importance to the Kings' championship aspirations.
Per LeBrun, the agreement was completed recently, securing the elite winger for two additional seasons. No further details regarding the specific structure of the contract, such as potential signing bonuses, no-move clauses, or performance incentives, have been disclosed by the team or the player's representation at this time.
This significant financial commitment by the Los Angeles Kings highlights their dedication to maintaining a competitive roster in the Western Conference. Panarin's ability to drive play and create scoring opportunities makes him one of the most valuable assets in the NHL today.
This is a developing story. Check back for updates.
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