Free agency is now just a month away and teams are looking ahead to when it opens. There will be several impact players set to hit the open market in July while many teams have key restricted free agents to re-sign as well. We continue our look around the NHL with an overview of the free agent situation for the Islanders.
Key Restricted Free Agents
RW Simon Holmstrom – Holmstrom had a breakthrough season in 2023-24 notching 15 goals and 10 assists in 75 games while providing terrific penalty killing. However, a deeper dive into his numbers reveals that the 23-year-old had a 20.8% shooting percentage that inflated his goal total and is likely to drop significantly next season. Islanders general manager Lou Lamoriello has historically been a tough negotiator with younger players which will likely keep Holmstrom’s AAV down on his next deal. A bridge deal in the range of $1.25MM – $1.5MM per season seems likely for Holmstrom, who will be looking to build off a solid season.
F Kyle MacLean – MacLean will come into the 2024-25 season as one of the favorites to take over the Islanders’ fourth-line center role. The 25-year-old emerged this season from Bridgeport and proved to be a strong forechecker that forced defensemen to move the puck quickly and also provided excellent backchecking in the Islanders’ defensive zone. MacLean won’t score much, but he is strong defensively and can get around the ice to cause disruption. He seems destined to get a two or three-year bridge deal in the range of $900K – $1MM.
RW Oliver Wahlstrom – Wahlstrom had a couple of decent seasons to start his NHL career but has fallen on hard times the last two years totalling just nine goals and 13 assists in 67 games. A knee injury in 2022 has certainly played a role in him losing some of his momentum but on the ice Wahlstrom looks like a player that has lost his confidence. A change of scenery trade would greatly benefit the 23-year-old and give the Islanders an asset for a player who seems to have played his way out of favor with the franchise. The native of Portland, Maine is a former 11th overall pick, and would likely still have some value left, but the best the Islanders might get is a swap for another former first-round pick that has struggled to begin their career.
Other RFAs: D Dennis Cholowski, C Ruslan Iskhakov, F Kyle MacLean, C Reece Newkirk, RW Tyce Thompson,
Key Unrestricted Free Agents
D Sebastian Aho – Aho is a skilled defenseman and a good passer who has posted some good numbers in the American Hockey League. However, in the NHL Aho’s size has made it difficult for him to use that skill to his advantage as he is frequently forced into giveaways. Aho is a smart player and can chip in on a power play, however, his skill set is best suited for a bottom pairing, preferably one where his partner has some size. Aho should get a short multi-year deal with an average annual value in the range of $1.5MM to $2MM.
RW Cal Clutterbuck – Clutterbuck’s play fell off considerably last season as the Islanders were hammered in the possession department when the 36-year-old took to the ice. While he was never an analytics darling, Clutterbuck’s 37.6% CF% at even strength (as per Hockey Reference) represented a career-low and the Islanders were under attack whenever his line was deployed. Clutterbuck’s pace remains okay, and he is still a physical force, however, at this late stage of his career, he is a below-average fourth-line player. Clutterbuck will still find work this summer, but it will likely be on a one-year deal around $1MM.
F Matt Martin – Much like Clutterbuck, Martin’s play last year fell off as did his ice time. Martin’s average ice time per game dropped almost a full two minutes and when he was on the ice the results weren’t great. Martin had just four goals and four assists in 57 games and his physicality trailed off as he appeared to wear down as the season went on. It was surprising to see his play drop off so dramatically as Martin had a career year in 2022-23, but one might wonder if Father Time finally caught up with the 35-year-old. Martin is another candidate for a one-year deal in the range of $1MM.
Other UFAs: G Ken Appleby, D Robert Bortuzzo, RW Karson Kuhlman, F Otto Koivula, D Paul LaDue, F Brian Pinho, D Mike Reilly, D Robin Salo
Projected Cap Space
The Islanders are extremely limited this offseason as they have just over $6.5MM in cap space and 5-6 roster spots left to fill. The team does have several veterans they could try to move this summer to open up cap room but would likely need to retain some salary in order to facilitate a move. New York is in a tough spot that is similar to their divisional counterpart the Pittsburgh Penguins in that they are firmly committed to an expensive and aging roster. However, unlike the Penguins, there isn’t a lot of indication that the Islanders are looking to get younger and faster. The Islanders are a team that could be aggressive this summer as general manager Lamoriello tries to squeeze one more deep playoff run out of this group of veterans.
Photos courtesy of USA Today Sports Images. Contract information courtesy of CapFriendly.
Lou really hurt the team with some of the contracts that he gave out. I understand he probably had to give out some of those horrible contracts to keep players around but now it’s coming back to bite him.
What this team needs is a complete rebuild. Grampa Lou needs to go. The NHL has passed him by. There are too many bystanders on this team. Too many players we’re stuck with because they aren’t worth the money they make and are untradeable. The two or three players that are worth keeping don’t make up for the rest of them. Lou’s painted himself into a corner that he’ll never get out of. There’s no help from the farm team in Bridgeport either because he doesn’t draft well. How can he think keeping this group together for another year will change anything when they got smoked badly in the first round. Don’t trade a bad contract player for another bad contract player and think a change of scenery will work. But, as long as they keep filling up UBS Arena and Grampa Lou is running the show this team will remain in mediocrity. I’m just glad I saw this team when they were a dynasty and were feared by every team they played. Winning nineteen straight playoff series is record that will never be broken not only in hockey, but in all of sports.