The New York Rangers traded their 2025 NHL Draft pick to the Pittsburgh Penguins, fulfilling a trade condition.

The New York Rangers have traded their 12th overall pick in the 2025 NHL Draft to the Pittsburgh Penguins, completing the J.T. Miller trade condition. This move gives the Penguins back-to-back first-round picks at Nos. 11 and 12. The Rangers chose to forfeit this year's pick to protect a potentially more valuable 2026 first-rounder, as their offseason strategy hinges on navigating the salary cap and making strategic roster decisions.