Columbus will literally be entering Tavares territory here with Panarin.
They are a playoff team, at least a team that should contend for a spot, how do you move him at the deadline if you are right in the battle for the playoffs??? How do you send him packing when you know the return will likely be younger players/prospects and picks?
I have to believe Columbus gives him one more contract offer at camp, and if he doesn't sign it, they need to move him in the first few months of the season. Get what games out of him you can, and move him while you still have a market. Come trade deadline/playoff time, the 5-6 teams this guy likely will want to go to, half could be bottom feeders and will not be parting ways with their first round pick including us...
In my opinion, they have to move Panarin if he doesn't sign at the start of the year, while there still is a market, while they are a ways away from any playoff talk...if not, how on Earth can you justify trading him with a team fighting for the playoffs? And if they don't trade him, they are NYI part 2...