Thursday, July 2, 2026

Stars’ $96M Rantanen Bet Paying Off Big at Other Teams’ Expense

Rantanen reportedly accepted a trade to Dallas and a subsequent contract because he wanted to “jam it down Colorado’s throat.”

Jerome Miron-Imagn Images

Revenge is a dish best served on ice for Mikko Rantanen. The Stars forward has had second helpings as one of the Stanley Cup playoffs’ best players, capping off a turbulent—and ultimately lucrative—season.

In late January, the Avalanche unexpectedly moved Finnish-born Rantanen, who’d played with Colorado since he was drafted as the 10th pick in 2015. The 28-year-old entered this season in the final year of his six-year, $55.5 million contract with Colorado, set to become an unrestricted free agent on July 1.

He and the Avalanche could not come to terms, with Rantanen reportedly asking for an eight-year extension valued around $112 million, a sum that would have eclipsed Hart Trophy–winning teammate Nathan MacKinnon’s $12.6 million average annual value and put Colorado on the back foot ahead of upcoming negotiations with standout defender Cale Makar.

When talks stalled, Rantanen was traded to the Hurricanes in January—but after making clear he would not re-up with Carolina, he was quickly flipped to the Stars, where he signed an eight-year, $96 million contract, $2 million per season less than his reported ask in Colorado. Sportsnet reported that he would have stayed in Colorado for the same offer. The move got bad blood flowing: Upon landing with the Avalanche’s bitter division rivals, Rantanen reportedly said, “Do you know why I’m going to Dallas? Because I want to jam it down Colorado’s throat.”

Rantanen has since gotten exactly what he wanted. 

In the first round of the Stanley Cup playoffs against Colorado, he had 12 points, 11 of which came in the final three games—including a hat trick and an assist in Game 7, when the Stars staged a stunning comeback on Avs home ice to take the series in storybook fashion. Then, in Wednesday’s opening second-round game against the Presidents’ Trophy–winning Jets, Rantanen notched another natural hat trick—becoming one of only four players to score multiple career hat tricks in one period in the playoffs.

Dallas is seeing green: The Finn has made the Stars the current favorites to win the Stanley Cup, even as defenseman Miro Heiskanen is still out of the lineup with an injury, and Jason Robertson has just returned to play after his own injury absence. Rantanen is also among the top players favored to win the Conn Smythe Trophy, the playoff MVP award.

Regardless of whether they bring home the Stanley Cup on this run, the Stars, who have lost in the Stanley Cup Final once and in the conference finals twice since 2020, are set up as well as nearly any team going forward. Along with extending Rantanen’s contract through the 2032–2033 season, Dallas has also locked forward Wyatt Johnston into a five-year, $42 million deal through 2029–2030. In October, goaltender Jake Oettinger signed an eight-year extension at $66 million, which runs through the end of the 2032–2033 season.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Alex Ovechkin Will Return to Washington for One More Season

The one-year contract extension is based heavily on an appearance incentive.

Bobby Bonilla Day Would End With MLB Owners’ Proposal

MLB team owners are seeking to outlaw future contracts with deferred money.
Apr 2, 2026; Sunrise, Florida, USA; Florida Panthers goaltender Sergei Bobrovsky (72) acknowledges the fans after the game against the Boston Bruins at Amerant Bank Arena.

Free Agents Set to Reap Rewards of NHL Record Salary Cap

Attention will be focused on Sergei Bobrovsky and John Carlson, among others.
podcast thumbnail mobile
Front Office Sports Today

7/2/26 – Celtics Trade Jaylen Brown, World Cup Ratings Smash Records, Serena Knee Scare, Bobby Bonilla Day

0:00

Featured Today

ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
Jun 11, 2026; Portland, Oregon, USA; WNBA Commissioner Cathy Engelbert meets with the working media before Portland Fire against the Las Vegas Aces at Moda Center.

Cathy Engelbert Responds to Alyssa Thomas’s Callout

Thomas received a Flagrant 2 foul and one-game suspension last week.
June 29, 2026

Unrivaled Lands Two International Stars Amid Project B Battle

Unrivaled also signed Canadian forward Bridget Carleton.
Jun 30, 2026; London, United Kingdom; Serena Williams of the United States returns a shot during her match against Maya Joint of Australia on day two at All England Lawn Tennis and Croquet Club.
June 30, 2026

Serena Williams Loses in Return to Singles at Wimbledon

It was her first singles match since the 2022 US Open.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
June 25, 2026

Tracy McGrady Buying 80% of ABCD as He Revives Legendary Camp

McGrady is bringing back a piece of basketball history.
June 23, 2026

Greg Olsen: NFL Franchises Interested in Hosting Tight End U

The annual summer summit is in its sixth year.
June 23, 2026

Giannis Antetokounmpo Finally Traded to Miami

The Heat and Bucks struck a deal late Monday night.
Apr 18, 2026; Raleigh, North Carolina, USA; Carolina Hurricanes defenseman Jalen Chatfield (5) checks Ottawa Senators left wing Brady Tkachuk (7) during the second period in game one of the first round of the 2026 Stanley Cup Playoffs at Lenovo Center.
June 22, 2026

Tkachuk Is Latest Star Player on Canadian Team to Move South

The former Senators captain will now play with his older brother.