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Islanders Sign Mathew Barzal to New 3-Yr Deal

The New York Islanders have have agreed to terms on a three-year deal with center Mathew Barzal.

The deal is finally done! After a delay that most seemed to know would eventually get resolved, the New York Islanders have signed the biggest restricted free agent still on the market. They have have agreed to terms on a three-year deal with center Mathew Barzal.

Related: Islanders Trying to Make “Multiple” Trades For Extra Cap Room

As per multiple sources, the deal is for a $7 million AAV — the same terms as Matthew Tkachuk’s second contract, but the structure is a bit different and is back-loaded as most deals were this offseason. Barzal is now making the same money as teammate Anders Lee and matches him as the team’s highest-paid player. 

Darren Dreger adds (via Twitter) that the breakdown of the deal is as follows:

2020-21: $4MM ($3MM salary, $1MM signing bonus)
2021-22: $7MM
2021-23: $10MM

Dreger also reports that Barzal and Islanders were focused on a six-year extension, but GM Lou Lamoriello wasn’t able to move enough money to make that work. Just before camp the negotiation shifted to a three-year bridge.

Barzal was already back at camp today after the news of the signing as he was near the team, had taken the physicals and done everything out of sign the actual papers.

Good Deal For Both Sides

To get Barzal locked in for three more years at $7 million has to be seen as a win for the Islanders. While they would have liked to lock him up longer term, Barzal will be a restricted free agent at the end of the deal. He’ll have arbitration rights and it is more likely he will sign a long-term deal at that time.

New York Islanders Mathew Barzal deal

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