Report: Islanders re-sign Barzal to 3-year deal with $7M AAV

The New York Islanders inked star forward Mathew Barzal to a three-year contract, reports The Athletic's Arthur Staple.

Barzal will earn $4 million this season, $7 million in 2021-22, and $10 million the following campaign for an average annual value of $7 million, according to TSN's Darren Dreger.

Under the NHL's new MOU rules, Barzal will require an $8.4M qualifying offer when this contract expires. And he'll be one year away from unrestricted free agency.

- Chris Johnston (@reporterchris) January 9, 2021

The two sides had been eyeing a six-year extension, but Islanders general manager Lou Lamoriello couldn't gain enough cap flexibility to facilitate that, Dreger adds.

Barzal was a restricted free agent. The 23-year-old led the team with 60 points and ranked third with 19 goals while playing all 68 of New York's games last season.

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