Trade-deadline primer for the New York Islanders

With the All-Star break in the rearview, the trade deadline looms large and is now just a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with the New York Islanders.

The New York Islanders have already made their big splash of the new year, hiring legendary goaltender Patrick Roy to take over for Lane Lambert, who was in his second year with the team. Roy has provided energy and spunk to an Islanders team that needed a jolt. He’s also boosted the ice time of key players like Mathew Barzal and Noah Dobson, helping give the team clear leaders to follow. Unfortunately, Roy hasn’t seen the on-ice results just yet. New York is 3-3-3 under their new brass, which also features new coach Benoit Desrosiers, and has seen a dip in their scoring, averaging an even 3.00 goals-per-game under Roy, a step down from the 3.13 goals-per-game they averaged since the start of December under Lambert. This lack of improvement has kept the Islanders on the outside of the Eastern Conference playoff race, six points behind the second wild card, currently held onto by Detroit. The Islanders will look to bring in whatever help they can at the looming trade deadline but it seems the real difference-maker may have to come from within.

Record

22-18-14, 5th in the Metropolitan Division.

Deadline Status

Conservative Sellers

Deadline Cap Space

$0.0M on deadline day, 0/3 retention slots used, 45/50 contracts used, per CapFriendly.

Upcoming Draft Picks

2024: NYI 1st, NYI 2nd, NYI 4th, NYI 5th, NYI 6th
2025: NYI 1st, NYI 2nd, NYI 3rd, NYI 4th, NYI 5th, NYI 6th, NYI 7th

Trade Chips

The Islanders are bound by the cap this Deadline, and unlikely to make any move if they can’t clear out space first. There are plenty of options for high-cap hits that they could move out, though each would likely need a hefty sweetener attached that New York might not be able to pay. Jean-Gabriel Pageau may be the most likely cap clearance. The 31-year-old centerman makes a hefty $5M through the end of the 2025-26 season but has just 22 points and a -11 through 54 games this season to show for it. Pageau has served a proud role as a middle-six centerman for the Islanders, and scored a commendable 13 goals and 40 points last season, but decreased production this year could make the cap space more valuable than Pageau’s role. The same could be said about newcomer Pierre Engvall, whose $3M cap hit is slightly less daunting and whose role as a middle-six winger is slightly easier to fill. Engvall has just 17 points in 48 games this season, bringing his point totals with the Islanders up to 26 across a combined 66 games. He’s looked strong at times but may better fit on a contender looking to add depth. Teams could also be flattered by Engvall’s long-term contract, with the 27-year-old winger signed through the next seven seasons.

Unfortunately, New York doesn’t boast much future capital to make any cap clearance work. The team does have both their first and second-round picks in the next two drafts, and general manager Lou Lamoriello has shown little hesitancy in moving top picks for immediate solutions, but the asking price to move out such hefty contracts could be a little too sweet. Ruslan Iskhakov could be a strong incentive for other teams. The 23-year-old centerman currently leads the AHL’s Bridgeport Islanders in scoring with 13 goals and 35 points. It’s his second season in the AHL, with Iskhakov netting 51 points in 69 games last year. He’s an established pro, with experience in Finland’s Liiga and Germany’s DEL, where he again proved to be one of his team’s most productive players. The 2018 second-round pick has yet to receive the first call-up of his career, though he certainly seems poised to make an impact when given the chance. The prospects of what could be from such a productive, young professional could excite teams enough to take some of New York’s baggage.

Team Needs

1) Build for the future: The season isn’t doomed for the Islanders, but it’s certainly not looking as optimistic as past years. With the team locked into so many long-term deals with veterans, it’s time they turn their attention towards the future and bank whatever draft capital or young prospects that they can. The Islanders currently have the fourth-oldest roster in the NHL, behind Pittsburgh, Washington, and Edmonton. While clearing cap space will give them the chance to bring change-makers into the NHL lineup quickly, building out their prospect pool will help New York slowly add youth back into the fold. Their best bet may be to find lucrative options, like trading for lucrative and emerging prospects like Florida seventh-round pick Jack Devine, who has 44 points in 30 NCAA games this year. The Islanders could also look to reel in some of the young targets on the open market, like Arthur Kaliyev, Philip Broberg, or Kaapo Kakko. Each 22-year-old has a degree of uncertainty but may be able to carve out a long-term NHL role with a change of scenery. Finding options to fit the team in two or three years would be a good start to an Islanders team currently without much reinforcement.

2) A solution on defense: The Islanders have surprisingly struggled to keep pucks out of the net, even despite star goaltender Ilya Sorokin’s .910 save percentage in 39 games this season. That problem has remedied itself a little bit under Patrick Roy — with New York’s average goals allowed sat at 3.22 over their last nine games, as opposed to 3.61 in Lambert’s final 23 games. But they’re still being outscored at a steady pace and rank as one of the NHL’s worst teams at mounting a comeback, with the eighth-worst win percentage when trailing by two goals. New York tried to remedy this issue earlier in the season, trading for Robert Bortuzzo, but Bortuzzo played in just 11 games with the Islanders before ending up on injured reserve. While they aren’t plagued with the long list of injured defensemen that troubled them earlier in the season, New York is still in need of a more cohesive blue line. They could find cheap ways to address this on the open market by acquiring stalwart defender Ilya Lyubushkin or Andrew Peeke. Both players carry a $2.75M cap hit, though Lyubushkin is set to be a free agent this summer while Peeke is signed through next season. And while neither would demand a top-pairing role, they could each offer a new face to a struggling Islanders defense. The team could also seek out Flyers defender Nick Seeler, who carries a league-minimum $775K cap hit and enters free agency in the summer. Seeler could similarly help provide consistency to the bottom of New York’s defense, while likely not costing much at all. With very little wiggle room and even fewer assets, the Islanders will have to hope for a cheap deal at the Deadline if they want to make a push for the playoffs.