Adam Boqvist, Kyle Palmieri Nearing Extension With Islanders

The New York Islanders are looking to stay busy as their season comes to an end. The team is closing in on extensions for winger Kyle Palmieri and defenseman Adam Boqvist, per Sportsnet’s Elliotte Friedman on the 32 Thoughts Podcast. The pair of moves would go a long way towards solidifying New York’s early look for next season, by holding onto longtime lineup pillars and bringing back new additions.

Boqvist and Palmieri are two of 12 pending free agents on the Islanders’ roster. Palmieri joins the camp of five unrestricted free-agents, while Boqvist is one of seven restricted-free agents with arbitration eligibility. That standing will likely earn the former a hardier payday.

Palmieri is coming off of a four-year, $20MM contract signed ahead of the 2021-22 campaign. That deal guaranteed his long-standing with the Islanders organization, after he joined the team via a mid-season trade from the New Jersey Devils in the shortened 2020-21 season. Palmieri was a routine 25-goal, 50-point scorer in the Devils lineup, but struggled to carry that momentum over to the Islanders. He scored 33 points in each of his first two seasons on the Island, through 69 and 55 games respectively. But New York was soon rewarded for hanging onto the aging winger, as Palmieri sprung back to form with 30 goals and 54 points last season. He kept it up with 24 goals and 48 points this season – made better by the fact that Palmieri hasn’t missed a game since January of 2023.

Palmieri has performed well enough to maintain a high price tag on his next deal, but he’s not likely to get much of a raise. At 33 years old, any multi-year extension will very likely carry Palmieri into retirement. Even better, Palmieri is only 100 games off of his 1,000th appearance in the NHL. The right term could make sure he enters both of those gates as a member of the Islanders, though New York will hope he doesn’t face the same scoring slump he went through after signing his last contract.

News of Boqvist’s extension is a bit more encouraging. The 24-year-old defenseman landed with the Islanders via waivers from the Florida Panthers in January of this season. He had previously signed a one-year, one-way, league-minimum contract with Florida this summer, and scored six points in 18 games with the club. Boqvist boosted those numbers to eight points in 17 games in a second-half run with the Islanders. He found strong footing on New York’s bottom pairing and became the choice pick over fellow new addition Scott Perunovich.

A new contract will be a bode of confidence in the young Boqvist. He was a top-10 selection in the 2018 NHL Draft, but has since played for four different clubs. Boqvist has only ever signed one extension with a club – in 2022, when he inked a three-year re-up with the Columbus Blue Jackets before being bought out two years later. A new deal with the Islanders will be a rare chance for the young defender to find his footing in an everyday lineup role behind the heavy-hitters of New York’s top-four.