Islanders agree to new terms with Josh Bailey
The New York Islanders and restricted free agent Josh Bailey have agreed on a new five-year contract to keep the 23-year-old center in New York.
A source told ESPN New York that this new deal is worth $16.5 million, although the team did not disclose the financial details of the contract. The Islanders selected Bailey ninth overall in the 2008 draft.
“Josh has become an important member of the young core of the players we have in our dressing room,” Islanders general manager Garth Snow said in a release. “We’re excited to come to terms with him on a deal that will ensure he is a member of this team as we solidify ourselves as consistent playoff contenders.”
According to USA Today, this new contract buys out the Ontario native’s first three years of unrestricted free agency. Despite a slow start this past year, Bailey finished with 11 goals and 8 assists in the lockout shortened season, helping the Islanders reach the playoffs for the first time since 2007.
During his five-year career, all with the Islanders, Bailey has 58 goals and 81 assists over 329 career games.