Kyle Palmieri has signed a new two-year contract with the New York Islanders, as one of the better options among free agent scoring wingers is now off the market.
Palmieri's contract carries a $4.75 million average annual value. He's coming off a 4-year, $20-million deal with the Islanders that was signed in September 2021. According to PuckPedia, the new deal has a full no-trade clause in the first year with a modified 16-team no-trade list for the 2026-27 season.
Palmieri, a 34-year-old Long Island native, scored 48 points (24 goals, 24 assists) in 82 games with the Islanders last season. He has scored more than 20 goals in seven of his past 10 NHL seasons.
In 900 career games with the Islanders, New Jersey Devils and Anaheim Ducks, Palmieri scored 527 points (270 goals, 257 assists). He scored 32 points (18 goals, 14 assists) in 68 Stanley Cup playoff games.
The Islanders also signed defenseman Adam Boqvist to a one-year contract. He had 14 points in 35 games last season between the Florida Panthers and the Islanders, who claimed him on waivers in January.
New York has had a noteworthy offseason thus far. They won the NHL draft lottery for the first time since 2009, earning the first overall pick in next month's entry draft. They also replaced general manager Lou Lamoriello with Tampa Bay Lightning executive Mathieu Darche, who was named the Islanders' GM and executive vice president.
A source tells ESPN that the framework of the contracts was agreed to before Darche took over as general manager, but he had the final call on whether to go ahead with the deals.
