Miller is eligible to receive an offer sheet when the free agency window opens Tuesday, which could become a factor in the Rangers’ timeline. It would presumably come in at around five years between $6 million and $7.021 million per.

The New York Rangers agreed to a JT Miller trade during the 2024-25 NHL season, acquiring the star forward from the Vancouver Canucks. On Tuesday, the Rangers officially satisfied the terms of the deal by sending a pick to the Pittsburgh Penguins, per hockey insider Pierre LeBrun.

The Rangers are sending their first-round pick in the 2025 NHL Draft to the Pittsburgh Penguins, via the Vancouver Canucks, to complete January's trade for J.T. Miller.