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What Your Team Is Thankful For: New York Islanders

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As the holiday season approaches, PHR will be taking a look at what teams are thankful for in 2023-24. There also might be a few things your team would like down the road. We’ll examine what’s gone well in the early going and what could improve as the season rolls on for the New York Islanders.

Who are the Islanders thankful for?

Bo Horvat.

The New York Islanders spent big money to acquire Bo Horvat last season, shelling out a first-round pick, a former first-round pick in Anthony Beauvillier, and second-round pick Aatu Raty. It was a high price to pay but Horvat is making it look like a great deal through his first full season with his new team. He’s been one of the team’s most consistent pieces, serving as a safeguard against the up-and-down struggles of some of his teammates. Horvat ranks second on the team in goals, with 14, and third in points, with 33, through 32 appearances this year. The 28-year-old centerman is also leading the Islanders in CF% (Corsi-For percentage) and ranks second in xGF% (expected goals-for percentage), showing that he’s earning his high scoring by making impacts all across the ice. Horvat’s strong play has let New York move Mathew Barzal to the wing, giving the star forward the fewest faceoffs of his career. The change has come to good effect, with Barzal leading the Islanders in scoring with 35 points in 32 games – on pace for 90 points through 82 games. Horvat is signed through the 2030-31 season, carrying a $8.5MM cap hit and some form of trade protection through all nine seasons. The Islanders placed a hefty amount of confidence in Horvat with the pricey trade and long-term extension and he’s returned the favor by quickly becoming a central pillar of their lineup.

What are the Islanders thankful for?

A stout crease.

The Islanders may be receiving the best goaltending in the league, which has come as a life-saver for a team facing injuries to three top defensemen. The effort has been spearheaded by Ilya Sorokin, who’s faced the second-most shots of any goalie in the league behind only Juuse Saros. Sorokin has continued his Vezina Trophy-caliber goaltending despite it, setting a .914 save percentage through 21 starts – good for 11th among NHL goalies with 12 or more starts. Sorokin is flanked by Semyon Varlamov, who has performed even better in his support role. Varlamov ranks sixth among all goalies with a .919 save percentage, continuing his trend of dominating in an Islanders jersey. The 35-year-old goalie is in his fifth season in New York and has recorded a save percentage higher than .910 in each of his four previous seasons, including the .929 he set in  36 games of the 2020-21 season which ranks as the 11th-highest save percentage over the last decade, among goalies with 35-or-more starts.

New York has played in more overtime games than any other team this year, largely thanks to their pair of former Vezina runner-ups standing tall enough to force extra time. They’ve been enough to back-up a fractured blue line and provides a comforting safeguard in a league where many different teams are searching for any sense of reliability in net.

What would the Islanders be even more thankful for?

Healthy defenders.

New York has suffered a string of injuries to their blue line that would be insurmountable for some teams. Three of their top-four defensemen are currently on injured reserve, including Adam Pelech who was placed on long-term injured reserve with an upper-body injury. He’s joined by Ryan Pulock, who was averaging over 22-minutes a night prior to his injury, and Scott Mayfield, who’s grown into a prominent role now in his 10th season with the club. The Islanders have had to get creative to fill in for these injuries, acquiring Robert Bortuzzo via trade and recalling Mike Reilly and Samuel Bolduc to serve in every-day roles. And while the blue line has performed serviceably, there’s no doubting that New York is missing a hardy boost thanks to their injuries – with Noah Dobson’s 34 points in 33 games representing the only blue-liner with more than 10 points this year. They’re expected to receive support soon enough, with Mayfield only designated as day-to-day, but no timeline has been provided for the return of Pulock or Pelech. The group looks formidable if, and hopefully when, the Islanders blue line is able to get full health, and there’s reason for optimism after the team’s performed so well with three reserves in the lineup.

What should be on the Islanders holiday wish list?

A new top-six winger.

New York seemingly have all of the defense and goaltending that a team could want but they’re still not receiving the depth scoring that could push them into the league’s top tier. Recent trade acquisition Pierre Engvall has done well in the top-six minutes that he’s received, scoring four goals and 13 points in 32 games, but getting a boost of scoring-upside could go a long way towards keeping the Islanders at the top of their division. There are no shortage of options on the open market, including goal-scoring wingers Anthony Duclair and Andrei Kuzmenko – two options on short-term contracts that could fit nicely into Islanders head coach Lane Lambert’s systems. Bringing in a new winger could give Lambert a newfound spark in the top-end of his lineup, and significantly more flexibility in the bottom-six.

Injury Notes: Capitals, Horvat, Forbort, Tuch

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The Washington Capitals have shared a slew of injury updates. Anthony Mantha, Joel Edmundson, and Trevor van Riemsdyk will all miss the team’s upcoming two-game road trip, while Nic Dowd’s availability is to be determined.

Mantha is facing an upper-body injury after taking a shot to the ear on Wednesday. Dowd and Edmundson (hand) are also listed with upper-body injuries, while van Riemsdyk has a lower-body injury.

Mantha and van Riemsdyk have both appeared in 10 games for the Capitals this season. Mantha has scored three goals and four points while averaging just under 13 minutes of ice time. He’s been the focus of a handful of conversations through the early season, facing a healthy scratching earlier in the year and continuing to appear in trade rumors. Mantha is in his third full season in Washington, where he’s totaled 62 points in 128 games. van Riemsdyk is also in his fourth year with the club, although he’s managed to carve out a bit more of a role with the club. The 32-year-old defenseman only has one point this season but recorded a career-high 23 points in 75 games last year. He’s continuing to serve in his modest role with the club this season, averaging 17 minutes of ice time.

Dowd has only played two games this year, while Edmundson has yet to make his Capitals debut, as both players are dealing with nagging ailments.

Other injury notes from around the league:

Metropolitan Notes: Horvat, Nedeljkovic, Ludvig

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New York Islanders reporter Andrew Gross has tweeted that New York Islanders forward Bo Horvat did not dress for tonight’s game against the Minnesota Wild. It is the first game Horvat has missed as a member of the Islanders since he was acquired via trade from the Vancouver Canucks this past January. The 28-year-old was considered a game-time decision after blocking a shot late in Saturday night’s overtime loss to the Carolina Hurricanes but ultimately did not dress.

Horvat is off to a solid start this season with four goals and five assists in his first 10 games of the season and his absence will create a rather large hole for the Islanders to try and fill. The club has had to deal with multiple injuries to start the season with Adam Pelech, Scott Mayfield and now Horvat all missing some time. Should he miss an extended period, the Islanders will have to do more shuffling of the lines to try and fill the void. The team has started the season well all things considered, at 5-2-3 the Islanders are currently tied for the second wild card spot in the Eastern Conference.

In other Metropolitan notes:

  • Josh Yohe of The Athletic reported today that Pittsburgh Penguins head coach Mike Sullivan offered an update on injured Penguins goaltender Alex Nedeljkovic. Sullivan told the media that the 27-year-old netminder is back on the ice and is making progress towards a return. Not much is known about Nedeljkovic’s lower-body injury as he was hurt back on October 24th in a 4-1 loss to the Dallas Stars. He was placed on LTIR the very next day meaning that the earliest he can return to the Penguins lineup is on November 19th.
  • Josh Yohe also reported that Pittsburgh Penguins defenseman John Ludvig is also back on the ice skating and is making progress towards a return. Ludvig suffered a concussion on October 24th against the Dallas Stars after laying a hit that resulted in him sustaining the head injury. Mike Sullivan told reporters that the team will see what happens after their road trip meaning that the likeliest the 23-year-old could return is November 11th. Ludvig was acquired off waivers before the season and has dressed in one game thus far this season.

Metropolitan Notes: Islanders, Backstrom, van Riemsdyk, Trade Interest

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Picking up eight points in their last five games, the New York Islanders were able to recorrect a tepid start to the season. Today, Stefen Rosner of The Hockey News issued some updates on several members of the Islanders team, including Bo Horvat, Scott Mayfield, and Adam Pelech.

Rosner reports that Horvat is day-to-day with an injury, it he is questionable to play in the team’s game tomorrow night against the Minnesota Wild. Being one of the most important parts of their offense, Horvat’s offensive presence will be greatly missed even for a game or two on a team that is still struggling to score goals at a high rate.

Pelech, on the other hand, already missed the team’s game against the Carolina Hurricanes two nights ago due to a lower-body injury, but Rosner indicates that he looked good at practice today, but still remains questionable for tomorrow night. Dissimilarly, Mayfield was notably absent from the team’s practice today, but Rosner confirmed it was merely a maintenance day and that Mayfield is not dealing with any sustaining injuries.

Other notes:

    • Nearly a week ago, it was reported that Washington Capitals forward, Nicklas Backstrom, would be stepping away from the team due to a lingering injury that does not appear to be going away. In an earlier report from today, Tarik El-Bashir of Monumental Sports Network relayed a message from the General Manager of the team, Brian MacLellan, who says that is ’unlikely’ that Backstrom will return to the team this year. After missing much of the season last year, it appears that Backstrom will miss nearly two full seasons of hockey due to his ongoing hip injury.
    • Sticking with the Capitals, it was apparent during their game on Saturday night against the Columbus Blue Jackets, that defenseman Trevor van Riemsdyk had sustained some sort of injury. The team was hoping that it would not be a long-term injury, and after proper evaluations, Tom Gulitti of the NHL reports that van Riemsdyk is only considered day-to-day, but will not practice with the team today.
    • Only a few weeks ago, multiple reports indicated that the Capitals were very interested in the idea of acquiring forward Conor Garland from the Vancouver Canucks. Although not mentioning Garland specifically, and now factoring in the absence of Backstrom in the lineup, Ethan Cadeaux of Monumental Sports Network confirms that Washington is indeed still looking for an addition to the team’s top six forward unit, and their motivation has increased since the news from Backstrom.

New York Islanders Sign Bo Horvat To Eight-Year Contract Extension

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The New York Islanders have agreed to an eight-year contract extension with recent trade acquisition Bo Horvat. The terms of the contract have not been officially disclosed at this time, but Sportsnet’s Elliotte Friedman reports that the extension carries an $8.5MM average annual value. The deal will keep him under contract until he is 36 years old.

As reported by NYI Hockey Now’s Stefen Rosner, Islanders General Manager Lou Lamoriello had the following to say regarding this newly-signed extension: “It’s too long and it’s too much money.”

Lamoriello also noted that the contract was finalized as the first order of business this morning. When the Islanders initially acquired Horvat, the team had not yet discussed the framework for a contract extension.

The contract extension comes after the Islanders made a surprising trade to acquire the former Vancouver Canucks captain. The Islanders, who are already paying contracts with term attached to four centers, were not one of the teams most expected to be in the mix for Horvat’s services.

Given what the Islanders gave up to acquire Horvat, though, (a first-round pick Anthony Beauvillier, and prospect Aatu Raty) it makes sense that the team would be interested in retaining Horvat beyond this season.

The presence of Mathew Barzal ($9.15MM through 2031, kicking in next season), Brock Nelson ($6MM through 2025), Jean-Gabriel Pageau ($5MM through 2026) and Casey Cizikas ($2.5MM through 2027) didn’t stop Lamoriello from taking out his checkbook to pay for another pivot. With Horvat locked into the team’s forward core for the rest of the decade, it seems one of those Islanders will at least in the short term switch to the wing.

Horvat earns this max-term contract extension on the heels of the best offensive season of his career. Horvat’s career high in points is 61, and with 54 in 49 games this season he looks on pace to fly past that mark.

He already has 31 goals this year, which matches his previous high that he set last season. A two-time All-Star, Horvat is respected across the NHL for his leadership and two-way ability. Horvat has served as the Canucks’ captain for the past four years.

In his one taste of playoff action, he scored 12 points in 17 games, leading the Canucks to an upset victory over the St. Louis Blues in the first round and then through a seven-game dogfight where they nearly knocked off the first-seeded Vegas Golden Knights.

The playoffs are exactly where the Islanders are hoping to end up with Horvat, and despite long odds for this season this extension seems to be the franchise doubling down on their short-term competitive goals. It was only a short time ago that the Islanders looked like the second-best team in the NHL, losing back-to-back Eastern Conference Finals to the Tampa Bay Lightning, the latter series going all seven games.

At the moment, the Islanders sit sixth in the Metropolitan Division with 25-22-5 record and 55 points. While they’re technically just two points back of the Pittsburgh Penguins for the final Wild Card spot, the Penguins have three games in hand, and the Buffalo Sabres (who are above the Islanders with 56 points) have two games in hand.

Even if the Islanders fail to make the playoffs this season, it’s true that this extension will improve their team’s odds of getting there in subsequent seasons. Horvat is an unquestionably talented player and someone who can be a great second-line pivot on a contending team. The Islanders have Barzal as their incumbent first-line center, though it’s possible that this signing shifts Barzal to Horvat’s wing.

Horvat is one of the league’s better players at the faceoff dot, and has won 56% of his draws this season. In contrast, Barzal has won just 35.9% of his draws. Should head coach Lane Lambert prefer a better face-off man as his first-line center, Barzal could very well end up on the wing moving forward.

The Islanders have quite a few pricey contracts for veteran forwards on their books, and this deal only adds to it. Barzal, Nelson, Pageau, Anders Lee, Josh Bailey, Kyle Palmieri, Ryan Pulock, and Adam Pelech are all under contract beyond this season at above a $5MM cap hit. Horvat adds an $8.5MM hit on top of that and leaves the Islanders in a relatively precarious salary cap position.

With so much of their core locked into contracts, the team has been left with precious little wiggle room to make changes and upgrades to their roster. A rise in the salary cap would benefit them enormously, especially as Ilya Sorokin is scheduled to hit unrestricted free agency in the summer of 2024.

This is an Islanders team that has severely underperformed relative to what their veteran players have been capable of producing in the past. If Lambert and his coaching staff can get a few of these underperforming veterans to pick things up, then this can be a very competitive team in the near future.

But that’s far from a given, and many of their players have been trending downward for multiple seasons. Such a trajectory might cause some franchises to consider pivoting toward younger players and building toward another competitive window. Other franchises, like the Islanders here with this extension, choose to acquire more veteran talent to supplement the players they already have.

There’s no exact right answer to the question of what to do with an underperforming team. There are major risks to trading quality players for draft picks and prospects, and the allure of a low-pressure rebuild can shroud the very real possibility that the prospects acquired don’t pan out and the draft picks selected don’t meet expectations.

Building a competitive NHL team is hard. It’s a steep challenge, and while Lamoriello himself stated that the price tag attached to this deal is a bit high, it’s also unavoidable. Giving talented players contracts that might be somewhat unsavory is simply the cost of doing business in the NHL. if a team wants to get better, this is usually the area of the market they need to shop in.

Is this extension risky? Absolutely. The Islanders could continue their downward trend and be locked into another pricey contract for an aging veteran. The deal would absolutely be a setback. But looking at things more generously, Horvat could be exactly the kind of player the Islanders need to spark a team-wide resurgence.

Although those long-term question marks linger, the Islanders have unquestionably improved with Horvat’s acquisition. With this Horvat extension, they have ensured the source of that improvement doesn’t end up leaving for another team in just a few months, which is a bit of business that’s difficult to complain about.

Evening Notes: Boeser, IIHF/Russia, NHLPA Leadership

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After the Bo Horvat trade yesterday, the floodgates appear to be opening on the trade front. That’s especially true for the Vancouver Canucks, who have some desirable trade assets other than Horvat that could find their way out of town by the trade deadline.

One of those is Brock Boeser, who TSN’s Darren Dreger said today continues to receive interest from around the league. However, he reported that any Boeser trade, and the corresponding interest, hinges on how much salary Vancouver is willing to retain in a potential trade. Boeser is signed to a steep cap hit of $6.65MM for the next three seasons. With so many teams already dipping into LTIR pools to stay cap-compliant, Vancouver is unlikely to find a trade partner willing to take the full brunt of the deal. The 25-year-old has nine goals and 30 points in 41 games this season. That’s a 60-point pace over 82 games.

Bo Horvat Reportedly “Open” To Extension With Islanders

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The New York Islanders made perhaps the biggest and most confusing splash of trade season yesterday, acquiring star sniper Bo Horvat from the Vancouver Canucks.

Critics of the trade question the Islanders’ gamble on a pending unrestricted free agent, notably with the team out of the playoff picture at the All-Star break. A contract extension between the two parties would ensure that New York’s concessions in the trade weren’t for naught.

The day after the trade, though, Pierre LeBrun reported on Tuesday’s edition of TSN’s Insider Trading that Horvat is “open” to contract extension talks with the Islanders. While not a certainty, it seems like the door is open for a long-term union between the two parties, even if New York can’t claw back into the playoff picture this season.

“[The contract talks] will commence in short order, is what I’m being told,” LeBrun said. He also noted that the Islanders would’ve been on Horvat’s list of teams to speak to had he gone to market on July 1, which is something to keep in mind as talks progress.

Only Oliver Wahlstrom is on the Islanders’ list of notable restricted free agents to lock up next offseason. His value is limited, considering his offensive inconsistency and the likelihood that he’s out of the lineup for the remainder of 2022-23 with an injury. He played just 35 games.

With that being said, the Islanders have slightly north of $16MM in cap space to play with for 2023-24, per CapFriendly. Semyon Varlamov and Scott Mayfield are also pending UFAs whose roles on the roster need to be replaced, but could likely be done for cheaper than their current combined cap hits of $6.45MM.

If the two sides can agree on an extension, the Islanders have the space to give Horvat a deal with a cap hit north of $8MM, the likely benchmark for his caliber of talent. The merits of such a contract, considering his sky-high 21.7 shooting percentage this season signals some regression ahead, can be debated.

Snapshots: Canucks, Wahlstrom, Leskinen

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No matter which side you came down on regarding the Vancouver Canucks-New York Islanders trade from last night, it was still something of a surprise. Many felt that the Islanders made a mistake by using futures in a season where they are struggling, while others believed the Canucks could have landed more for Bo Horvat. If you’re in the latter group, you probably won’t like hearing Kevin Weekes’ latest report for ESPN.

Weekes tweets that another club involved in the Horvat dealings told him the Canucks didn’t shop the offer around, seeing if anyone could beat it. Instead, they “locked in” on the package that the Islanders were putting on the table, which included Anthony Beauvillier, Aatu Raty, and a first-round pick.

  • Another thing to consider for the Islanders might have been the status of Oliver Wahlstrom, who according to David Pagnotta of the Fourth Period, may not return this season. The 22-year-old Wahlstrom doesn’t play the same position as Horvat, but was one of the team’s more offensively-driven players, and has been out since December. Wahlstrom had seven goals and 16 points in 35 games this year.
  • He’s not the only player who is out for the year. Montreal Canadiens depth defenseman Otto Leskinen has been shut down after hip surgery, ending his season after just 24 games with the Laval Rocket. With Leskinen’s one-year contract up at the end of the year, it might be back to Europe for him moving forward. The 25-year-old played six games for the Canadiens, none of them coming this season.

East Notes: Senators, Horvat, Perbix

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There’s some good news and bad news on the injury front for Ottawa.  On the positive side, TSN’s Claire Hanna relays (Twitter link) that defenseman Artem Zub is expected to be ready to return after the All-Star break.  It has been a tough year on the ice for the 27-year-old who has been limited to just 21 games this season while missing time with three separate injuries, the current one being an upper-body issue.  It hasn’t been all bad, however, as he inked a four-year, $18.4MM extension with the Senators last month.

Meanwhile, Postmedia’s Bruce Garrioch relays (Twitter link) that goaltender Cam Talbot might not be ready to return after the break.  He suffered a lower-body injury last Wednesday and it’s the second time this season that injuries have held him out of the lineup.  If the Senators are going to climb back into the playoff race, they’ll need him healthy while if they’re going to try to move him by the March 3rd trade deadline, he’ll need to get back and show potential suitors that he’s ready to go.

Elsewhere in the East:

  • Speaking with reporters including Harman Dayal of The Athletic (Twitter link) following today’s trade, Islanders center Bo Horvat indicated that there weren’t any discussions regarding a possible extension before the move was made. The 27-year-old is set to earn a significant raise on his current $5.5MM AAV and is well on his way to a career year as he already has 31 goals and 23 assists so far this season.  New York has a little over $67MM in commitments next season per CapFriendly and a new deal for Horvat would take up more than half of the space of what’s projected to be an $83.5MM cap for 2023-24.
  • Nick Perbix’s time in the minors was short-lived as the Lightning recalled him today, per the AHL’s transactions log. The defenseman was sent down yesterday when Rudolfs Balcers came off LTIR following the conclusion of his conditioning stint; Perbix had to go down to keep them cap-compliant.  Now that Balcers is off the roster (he was sent down after clearing waivers), the 24-year-old could be brought back.  Tampa Bay could have kept him down through the All-Star break if they wanted but there wouldn’t have been a cap benefit to do so as they’re still in LTIR where cap room can’t be banked.

New York Islanders Acquire Bo Horvat

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The New York Islanders have acquired center Bo Horvat from the Vancouver Canucks in exchange for forwards Anthony Beauvillier, Aatu Raty, and a lottery-protected 2023 first-round pick. The trade was announced officially by both teams Monday afternoon.  Stephen Whyno of the Associated Press notes that Vancouver is retaining 25% of Horvat’s $5.5MM AAV as part of the deal.

New York will retain their 2023 first-round pick if it’s among the top 12 selections, reports Sportsnet’s Elliotte Friedman. Assumedly, if the pick does land in the top 12, the Islanders would send Vancouver their 2024 first-round selection.

The trade call ends months of speculation about a Horvat trade, which really began as soon as the Canucks fell flat out of the gate to start the season. With the team’s poor defense and goaltending rendering them entirely out of the playoff picture, Horvat’s status as a pending unrestricted free agent made him a spectacular trade candidate.

Vancouver’s now-former captain had always been perceived as a strong top-six center with good two-way skills and was especially appreciated for his strong marks in the faceoff circle (56.6% over the past two seasons). Horvat’s goal-scoring exploded this season, though, and his 31 goals rank eighth in the NHL.

Those 31 goals and Horvat’s 54 points instantly make him the Islanders’ leader in both categories this season. If utilized on a line with Mathew Barzal, whose main weakness is faceoffs (just 35.9% this season), the Islanders suddenly have one of the most potent playmaking/scoring duos in the league now.

Some may argue, and they’d be valid to do so, that the value in this trade swings the way of the Islanders and general manager Lou Lamoriello. At first glance, the price doesn’t seem quite as astronomically high as previously rumored.

Yet there’s no report of an extension for Horvat, and with Lamoriello’s low success rate of signing unrestricted free agents, there’s no guarantee Horvat is more than a rental. The team’s roster isn’t terribly well set up with Horvat, either. There’s certainly a scenario 18 months from now where the Islanders end up with no Horvat, no top prospect in Raty, and without a high-end pick in the 2024 draft.

With the Islanders still out of a playoff spot and a month before the Trade Deadline, Horvat may not even finish the season on Long Island. If the team fails to gain much ground in the playoff race or in extension talks with Horvat, he could be flipped to a contending team at the deadline if the Islanders can garner a similar (or better) return on the trade market.

While Vancouver won’t be adding to their Connor Bedard odds as the pick is top-12 protected, they still get a second dip from a 2023 first round stocked with talented prospects. Add in Raty, who’s looking much more like the first-round talent he was expected to be after falling to 52nd overall in the 2021 draft, and Vancouver’s future outlook suddenly looks much brighter.

The Canucks also gain a solid top-nine winger in Beauvillier, although his $4.15MM cap hit through 2024 is a tad steep. He’s still a solid bet to net between 30 and 40 points per season and could be solid trade bait for the Canucks at next year’s trade deadline as well. The 25-year-old has nine goals and 20 points in 49 games this year.

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