Islanders re-sign forward Kyle Palmieri to four-year, $20M contract

New York Islanders' Kyle Palmieri (21) celebrates after scoring a goal during the second period of Game 6 during an NHL hockey second-round playoff series against the Boston Bruins Wednesday, June 9, 2021, in Uniondale, N.Y. (Frank Franklin II / AP)

Sportsnet Staff September 1, 2021, 11:37 AM

Kyle Palmieri is staying put on Long Island.

The New York Islanders announced Wednesday that they’ve signed the veteran forward to a multi-year contract.

#Isles Transactions: Anthony Beauvillier, Casey Cizikas, Kyle Palmieri and Ilya Sorokin have all agreed to multi-year contracts.

— New York Islanders (@NYIslanders) September 1, 2021

Per Sportsnet‘s Elliotte Friedman, the deal is worth $20 over four years with an annual average value of $5 million.

https://twitter.com/FriedgeHNIC/status/1433084194096402434

Palmieri, an unrestricted free agent, was the Islanders’ big splash at last season’s trade deadline. The 30-year-old winger struggled down the stretch in New York, putting up just four points in 17 games, before heating up in the post-season when he notched nine points in 19 games as the Islanders made a run to the third round where they were ousted by the eventual Stanley Cup winner — the Tampa Bay Lightning.

The 11-year pro finished the season with a disappointing 21 points in 51 games, marking his first campaign 2014-15 when he didn’t put up at least 20 goals or 40 points.