Islanders Contract Extensions Future Implications
The Islanders announced four contract extensions yesterday that have huge future implications. Let’s take a look at all four and analyze how they affect the team for years to come.
Kyle Palmieri- four-years, $20 million
The Smithtown, N.Y. native will be residing on Long Island for the next four years. His contract is the priciest of the four, coming in at $5 million a year with a full no-trade clause for the next two years and a modified 16-team no-trade list the two after.
Was it an overpay and is it a risk? Yes. Palmieri struggled last year – he recorded 10 goals and 11 assists in 51 games – but the 2009 first-round pick has the potential to be a top-line winger when healthy and playing at his best.
What makes the move confusing is Islanders’ general manager Lou Lamoriello’s decision to leave Jordan Eberle unprotected in the Expansion Draft. Eberle had three years left on his contract at $5.5 million per season, but was a staple on the top-line next to Mathew Barzal and had 12 more points last year.
But all in all, Palmieri – who was acquired alongside Travis Zajac from the Devils at The Trade Deadline last season – would have likely gotten similar money on the open market, so it is a good contract for a good player with moderate risk long-term.
Anthony Beauvillier- three-years, $12.45 million
Beauvillier is a budding star. A three-year bridge deal is a great compromise for both the team and player.
“I knew it was going to get done,” Beauvillier said. “I’m very excited to be here long-term. There’s no where else I’d rather play.”
There is very little risk in this signing for the Islanders. He will surely outplay his average annual value and be an effective top-six player on the team for years to come.
The only concern could be the contract not being long enough. If Beauvillier continues the hot start to his career, he could be over a $6 million per year player at the end of the deal.
Ilya Sorokin- three-years, $12 million
Sorokin made his NHL debut Jan. 16 against the Rangers. While it was rocky, all has been well since then. He was 13-6-3 with a 2.17 goals-against average, a .918 save percentage and three shutouts in 22 games in the 2021 regular season. The 2014 third-round pick won four playoff games, securing a 2.79 GAA and .922 save percentage.
Now, he is an Islander for at least the next three years – on a great contract for all sides.
Sorokin gets no trade protections and will be an unrestricted free agent when the contract concludes. In terms of pure talent, Sorokin is likely the best of the group. By the end of his contract, he could be one of the best goaltenders in hockey, making this a steal for Lamoriello.
Casey Cizikas- six-years, $15 million
The contract is the longest of the four, but has the lowest cap hit. For one of the best fourth-line centers ever to play the game, this is a fantastic value. Cizikas could have gotten much more money on the open market, so this is a good deal – albeit a long one – for Lamoriello.
“I didn’t want to play with anybody but these guys. These guys are my family,” Cizikas said. “I’m going to die an Islander, that’s the way to put it.”
With no trade protections, the six-year term is less risky. While Cizikas wants to die an Islander, the team could move him if the appropriate situation arises. Is it rare to sign a fourth-line forward for six years? Sure, but Cizikas means so much to this team.