After a stunning 2018-19 NHL season that saw them reach Round 2 of the Stanley Cup Playoffs, the New York Islanders have some big work ahead of them this summer as they not only work to add some firepower to their lineup, but also keep some of their most important players in place.
Forwards Anders Lee, Jordan Eberle, and Brock Nelson — three of the team’s top-five scorers this season — as well as Vezina Trophy finalist Robin Lehner are all eligible for unrestricted free agency this summer. That is a lot of big names to keep while also maintaining enough flexibility under the salary cap to build around them.
On Thursday, they made sure at least one of those players will remain with the team when they announced a six-year contract extension for Nelson.
Financial terms of the deal were not disclosed by the Islanders, but it is reportedly worth $6 million per season according to The Athletic’s Arthur Staple.
The 27-year-old Nelson is coming off of a career-year that saw him score 25 goals (second best on the team) and finish with 53 total points (third on the team).
Originally a first-round pick (No. 30 overall) by the Islanders in 2010, Nelson’s career has been about as steady and consistent as a player can be. He has missed just 12 games since entering the NHL during the 2013-14 season (with 10 of those coming during his rookie season) and has been a lock for at least 20 goals and 40 points every season. You know he is going to be in the lineup and you know pretty much exactly what you are going to get from him offensively.
Is that level of production worth $6 million per year? It might be pushing it and it might be a slight overpay from a team standpoint, but the Islanders didn’t really have many other options here. If they had let Nelson walk they would have needed someone to replace him and there weren’t many (if any) realistic options on the free agent market that are going to outperform Nelson for a better price, and they only have five draft picks in their 2019 class to use as trade chips.
With Nelson’s contract now completed, the Islanders have 17 players under contract for the 2019-20 season at a total salary cap hit of $53.7 million. Assuming an $83 million salary cap that still leaves them with more than $29 million in cap space to fill out the remainder of their roster.
Mathew Barzal, who has one-year remaining on his entry-level contract, will also be eligible to sign a new contract on July 1.