The Islanders have avoided an arbitration hearing with restricted free agent winger Maxim Tsyplakov and signed him to a two-year, $4.5MM contract, Elliotte Friedman of Sportsnet reports.
Tsyplakov’s hearing was scheduled for Tuesday, so the settlement comes with four days to spare. Of the seven players who made it to mid-July without having their arbitration cases settled, two of them have now agreed to new deals. The Kraken reached a three-year, $13.575MM deal with Kaapo Kakko, whose hearing was initially scheduled for today, last Tuesday.
The situation surrounding Tsyplakov was rare in that he was eligible for arbitration immediately after his rookie season. That’s rarely the case, but since he signed his first NHL contract last summer at the age of 25, he only needed one season’s worth of 10 games of professional experience to qualify.
In the end, they avoid a hearing and reach a resolution to reward Tsyplakov, who was viewed as the top international free agent on last summer’s market, following a rookie season that saw the Russian forward adjust well to North American ice. There were questions about his offensive ceiling, considering his previous KHL track record – he’d never scored more than 10 goals in a pro season before his 31-goal, 47-point breakout for Spartak Moscow in 2023-24 – but he mainly put those to bed in his first season on the Island.
Tsyplakov obviously didn’t reproduce his KHL numbers, but he settled in well as a valuable middle-six checking winger. His 10-25–35 scoring line in 77 games ranked eighth on the team in point production, and there’s likely room for improvement moving forward after he only shot 8.6% in 2024-25. Tsyplakov also ranked fifth on the team in hits with 140 while averaging 14:58 per game, 1:31 of which came on the power play. He didn’t see any penalty kill usage but provided good possession impacts at even strength with a 51.6 CF%, 2.8% better than how the team fared without him on the ice.
Since his underlying numbers suggest replicable offensive production, a $2.25MM cap hit seems like good value for Tsyplakov’s services, even if he sees his minutes reduced slightly with the free agent signings of Jonathan Drouin and Maxim Shabanov, another KHL pickup, likely pushing him down the depth chart somewhat. The Islanders now have $1.625MM in projected cap space this season with a full roster, according to PuckPedia.
The deal walks Tsyplakov, who turns 27 in September, to unrestricted free agency in 2027.
Image courtesy of Russell LaBounty-Imagn Images.
The Islanders might be an interesting team this season, Especially if they can get the offense going.
Hope he gets to Tsyp from the Cup someday.