New York won the Presidents' Trophy last season, setting team records with 55 wins and 114 points. It reached the Eastern Conference Final. This is the second time the Rangers have failed to qualify for the playoffs the season after winning the Presidents' Trophy; they finished 34-39-11 in 1992-93 after going 50-25-5 in 1991-92.

The Rangers were finally eliminated Saturday evening after a 7-3 loss to the Hurricanes at Lenovo Center, but the team realistically lost their season in November and have been headed toward this colossal letdown for the entire 2024-25 campaign. Facing elimination for a second game in a row was one too many.

Seth Jarvis had a goal and two assists and the Carolina Hurricanes eliminated New York from playoff contention, beating the Rangers 7-3 on Saturday