During the regular season, the Rangers led the Patrick Division with 85 points and qualified for the NHL playoffs.
In the first round of the playoffs, the Rangers defeated the New York Islanders four games to one and earned a berth in the Patrick Division Finals.
The new name was chosen in honor of the company's leading subsidiary, the Paramount Pictures film studio.
Divisions: PTK – Patrick, ADM – Adams bold – Qualified for playoffs; p – Won Presidents' Trophy
[8] New York's picks at the 1989 NHL Entry Draft in Bloomington, Minnesota at the Met Center.