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Josh Bailey

Ottawa Senators Sign Josh Bailey To PTO

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The Ottawa Senators have signed veteran forward Josh Bailey to a PTO, the team announced today.

This signing marks the first time in Bailey’s professional career that he’ll be part of an NHL organization other than the New York Islanders. The 33-year-old was drafted by New York with the ninth-overall pick at the 2008 NHL draft and has played over 1,000 games for the franchise. In his time with the Islanders, he helped end the team’s 23-year wait without a single playoff series win.

He became a dependable top-six forward in New York, and in his best years (just after his career-high 71-point 2017-18 season) he helped turn the Islanders into a regular season and playoff juggernaut in the aftermath of franchise face John Tavares’ free agency departure.

Bailey’s playoff performances helped the Islanders come within a razor-thin margin away from the Stanley Cup Final in back-to-back years. He scored a combined 33 points in 41 games across those two runs, by far the best playoff performances of his career.

Just one year ago, Bailey was still widely viewed as a strong middle-six forward. He scored 14 goals and 44 points in 2021-22, but this past season his play declined. He scored just eight goals and 25 points and was at times kept in the press box as a healthy scratch by first-year head coach Lane Lambert.

Seeing as Bailey has signed a PTO rather than a full-time NHL contract, it appears NHL teams may collectively view Bailey’s decline as not a momentary lapse of form, but rather a sign of things to come for his career. The Senators are hoping Bailey will prove them otherwise, and he’ll have the chance to do just that in Ottawa during the training camp and preseason process.

On paper, Bailey stands a decent chance of earning an NHL deal in Ottawa just by virtue of the fact that he has significantly more experience than most players slated to play in the team’s bottom six.

He’ll be competing for a role on the wing against players such as Zack MacEwen, Jiri Smejkal, Parker Kelly, Egor Sokolov, Ridly Greig, Roby Jarventie, and Matthew Highmore. Bailey has more NHL experience than that group of players has combined, so if head coach D.J. Smith wants a veteran player in his bottom six, Bailey could be his best option.

Photos courtesy of USA Today Sports Images

Free Agent Profile: Josh Bailey

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Often overlooked among a given year’s unrestricted free agent class are the late additions – unqualified RFAs and bought-out players. Longtime New York Islander Josh Bailey falls into the latter category. Unlike other prominent bought-out names, such as Matt Duchene and Oliver Ekman-Larsson, he remains unsigned as we enter August.

Bailey was one of the more underrated franchise cornerstones in the league for quite a while. Never really viewed as a high-end piece, Bailey didn’t let that stop him from being one of the more consistent Islanders forwards throughout the 2010s. A gifted playmaker, Bailey was money in the bank for between 40 and 60 points and played well enough, no matter who you put him with. He’d begun to drop off after his 30th birthday like so many others, however, leading the Islanders to deal him to the Chicago Blackhawks, along with a 2026 second-round pick, for future considerations last month. Chicago promptly bought him out, making Bailey a UFA for the first time in his 15-year NHL career.

It’s been all quiet on the western front for Bailey as of late. However, reports immediately after Chicago bought out Bailey suggested the Ottawa Senators were circling the veteran winger. It’s a fit that makes a fair bit of sense for both sides, given Ottawa’s lack of scoring depth, especially on their fourth line.

His built-in versatility makes him an attractive option for a bottom-six role as he ages, and he’s still a valuable playmaker and penalty-killer in isolation. His declining speed and skating limit him from being effective in a top-six role, but there are far worse veteran additions to plug-and-play this late into the offseason.

Stats

2022-23: 64 GP, 8-17-25, +3 rating, 2 PIMs, 72 shots, 48.2% CF, 15:08 ATOI
Career: 1057 GP, 184-396-580, -48 rating, 241 PIMs, 1591 shots, 48.1% CF, 16:32 ATOI

Potential Suitors

Any team with any cap space to spare could likely fit Bailey in. He’s unlikely to command over $1MM on a one-year deal and is ineligible for performance bonuses. While he’s unlikely to take a role with a team already filled out on the wings, quite a few teams could use Bailey as an upgrade on their bottom two lines.

As mentioned earlier, Ottawa is quite a clear fit in the Eastern Conference. They have over $5MM in cap space to spare, per CapFriendly. While they still have Shane Pinto to re-sign, he won’t command all of it. Bailey is a significant upgrade over the team’s currently projected fourth-line wingers, Parker Kelly and Egor Sokolov, and he could help catalyze some offense from the team’s third and fourth lines. They could use it after taking a goal-scoring hit in their top six by swapping Alex DeBrincat for Dominik Kubalik.

He could also head out to a team with a winning pedigree – the Colorado Avalanche. After a flurry of offseason additions, including Ross Colton and Ryan Johansen, the team still has a handful of depth forward spots available for competition. Bailey’s a more experienced option than Fredrik Olofsson, who Colorado acquired from the Dallas Stars in exchange for future considerations earlier this summer and promptly extended on a league-minimum contract. If nothing else, he’d give Avalanche head coach Jared Bednar more options to organize his second, third and fourth lines. There are many question marks regarding how the Avs’ opening night lineup card will look in any event.

Projected Contract

Bailey did not appear in our Top 50 UFA rankings list, nor was he eligible, thanks to his buyout. There’s no feasible way his next deal lands anywhere close to his previous $5MM cap hit or even his $3.5MM salary that he was due for 2023-24, especially at this point in the summer. However, a handful of playoff-hopeful or contending teams (as outlined above) could afford the veteran on a deal worth $1MM or less. Given his declining role and production, he’s likely to receive a number in that range from any team that approaches him, regardless of their contention status.

Photo courtesy of USA Today Sports Images.

Senators Linked To Josh Bailey

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Veteran Josh Bailey is a late entrant into the upcoming free agent market after the Blackhawks officially bought out the final year of his contract earlier today, basically accepting a 2026 second-round pick from the Islanders to execute that move and carry the nearly $4MM combined in dead cap charges over the next two years.  However, that doesn’t mean that he won’t have suitors in free agency; Postmedia’s Bruce Garrioch reports that the Senators are linked to the winger.

The 33-year-old surpassed the 1,000 games played mark early this past season but things didn’t go particularly well for him.  Bailey managed just eight goals and 17 assists in 64 games.  By the end of the season, he was a frequent healthy scratch and didn’t suit up at all in their first-round loss to Carolina, basically cementing that he’d be on the way out at some point.

That said, Bailey is only a year removed from a 14-goal, 44-point campaign and would be an intriguing addition if a team believes that he’s capable of having a bounce-back season.  With the year he had and the fact he’s receiving nearly $2.7MM from Chicago, there’s a good chance that Bailey will be signing a relatively cheap deal, limiting the risk.  If he does indeed wind up in Ottawa, the hope would be that he’d add some offensive depth to a bottom-six group that struggled to produce at times in 2022-23.

There are some ties between Bailey and the Senators.  In his junior days, he played in Windsor for two seasons where Ottawa head coach D.J. Smith was a part of the staff.  Meanwhile, current Sens associate coach Jack Capuano coached Bailey for parts of seven seasons with the Islanders so if Bailey chooses to go there, he’ll have plenty of familiarity with at least two of his new coaches.

Chicago Blackhawks Acquire, Buy Out Josh Bailey

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11:10 AM: Per The Athletic’s Scott Powers, the Blackhawks are going to buy out Bailey, which is a bit of a surprise move. The Blackhawks will be reducing their cap obligation to $2.66MM this season instead of $5MM, at a cost of a $1.16MM cap hit next season.

9:50 AM: The New York Islanders have parted ways with their longest-tenured player, trading forward Josh Bailey and a 2026 second-round pick to the Chicago Blackhawks in exchange for future considerations.

In a pure cap dump deal, the Islanders have essentially traded a future second-round for an immediate $5MM in cap space. Bailey had been a consistent middle-six threat for the Islanders throughout a 15-year career there, but after just eight goals and 25 points in 64 games this season and multiple healthy scratches, both the player and organization felt it was time to move on.

Once a high-end playmaker, Chicago is still getting a player that might be effective in their current situation. Bailey was a well-respected leader in the Islanders’ room and has made it to multiple Eastern Conference Finals. Alongside Nick Foligno and Taylor Hall, Chicago is quickly putting together an ancillary group of some veteran skill and leadership to surround yesterday’s first overall pick, Connor Bedard.

It’s worth noting that a buyout for Bailey was rather palatable. Per CapFriendly, buying out the final season of Bailey’s six-year, $30MM contract would have cost them $2.67MM this season, providing $2.33M in savings. It would have cost them $1.167MM against the cap in 2024-25. Instead, they cut ties entirely, although it’s for the cost of a decent draft pick.

This is Chicago’s second significant move to weaponize cap space in the last few days, acquiring Hall and Foligno from the Boston Bruins for a pair of minor-league defensemen.

It’s the end of an era for the Islanders, who selected Bailey with the ninth overall pick in 2008. He would go on to play 1,057 games as an Islander, ranking third in franchise history behind Bryan Trottier and Denis Potvin. In that time, Bailey recorded 184 goals and 580 points.

The Islanders now have close to $10MM in projected cap space, per CapFriendly, which could go to re-signing their quartet of notable UFAs in Pierre Engvall, Zach Parise, Scott Mayfield, and Semyon Varlamov.

Evening Notes: Salary Cap, Bailey, Graovac

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Chris Johnston of NorthStar Bets is reporting that the NHL and NHLPA will not be negotiating a higher increase to the 2023-24 NHL salary cap meaning that it appears the cap will be set at $83.5MM. The $1MM increase will be a disappointment to a lot of teams that are pressed up against the cap, while teams with ample room under it will have an opportunity to weaponize their space and acquire assets for bad contracts.

Two weeks ago, Joe Smith of The Athletic laid out the case for a larger cap increase this offseason but it appears the NHL and the players association have opted for one more season with a modest increase. The players are expected to pay off the debt they incurred from the 2020-21 and with that there are a lot of people in the hockey community who believe that the cap could increase by more than $4MM for the 2024-25 season, which would be an absolute boon for players hitting free agency 12 months from now.

In other evening news:

  • Craig Morgan of PHNX Sports tweeted today that there is no truth to the rumors that the Arizona Coyotes have interest in New York Islanders forward Josh Bailey. While a cap dump to Arizona does make sense for the Islanders given Bailey’s recent play, they might have to cough up significant assets in order to facilitate a trade to move on from Bailey. The once productive forward struggled last season posting just eight goals and 17 assists in 64 games and has become a regular on most pundits lists of players who will be bought out. Bailey’s contract was frontloaded so while his cap hit will be $5MM next season, his actual salary owed is just $3.5MM.
  • The KHL’s Admiral Vladivostok announced today that they have signed Canadian forward Tyler Graovac to a one-year contract. The Brampton native was drafted in the seventh round of the 2011 NHL entry draft by the Minnesota Wild and spent four seasons in their system split between the AHL and NHL putting up 12 goals and three assists in 84 NHL games. He will be entering his third season in the KHL after spending last year with Podolsk Vityaz where he put up nine goals and 11 assists in 49 games.

Islanders Notes: Bailey, Coaching Staff, Free Agents, Injury Updates

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Islanders GM Lou Lamoriello met with the media today (video link) and provided updates on several things while also confirming that he is under contract, though he declined to state for how long.  Here are some of the updates from his presser.

  • Speaking about veteran winger Josh Bailey, Lamoriello indicated that “In Josh’s case, it looks like, maybe it’s near the end here.” The 33-year-old had a rough showing this season, notching just eight goals and 17 assists in 64 games, resulting in him being a healthy scratch at times.  Bailey still has one year left on his contract with a $5MM AAV, one that would require New York to provide an incentive for another team to take on.  A buyout, meanwhile, would save around $2.33MM on the cap for next season while adding $1.167MM in dead space for 2024-25.
  • Lamoriello also confirmed that head coach Lane Lambert would be back for his second season behind the bench. The team was eliminated in the first round by Carolina and didn’t take as big of a step forward offensively as expected; the team scored just 12 more goals than they did under the defensive-minded Barry Trotz.  However, Lamoriello wouldn’t confirm that the full coaching staff would be back for next year, stating “that’s not something that I can assert to at this point”.  John MacLean and Doug Houda were the lead assistants this season for the Isles.
  • Lamoriello indicated that he’d like to re-sign pending UFA defenseman Scott Mayfield, goaltender Semyon Varlamov, and forward Pierre Engvall. Mayfield has become a steady top-four blueliner and should more than double the $1.45MM AAV from his expiring deal.  Varlamov played in just 23 games this season, his fewest games played total since getting a brief stint in his rookie year in 2008-09.  He’s coming off a $5MM contract and will be facing a likely cut in pay, especially if he wants to remain in New York.  Engvall, meanwhile, came over at the trade deadline from Toronto and picked up nine points in 18 games following the swap.  He’s coming off a $2.25MM contract and should be in line for more than that on the open market.  With the Islanders having a little over $5MM in cap space per CapFriendly, they have some work to do if they want to bring those three back.
  • As for Zach Parise, another pending UFA, Lamoriello mentioned he’d also like to bring him back but the veteran first needs to decide if he’s going to play again next season. The 38-year-old had a productive year with 21 goals but after 18 NHL seasons, it’s certainly possible that he decides to call it a career.
  • Lamoriello also noted that winger Oliver Wahlstrom has resumed skating as he works his way back from an ACL injury back in late December. He, along with Alexander Romanov (shoulder surgery), are both set to be ready in time for training camp.

Snapshots: Crosby, Islanders, Coyotes

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Pittsburgh Penguins franchise center Sidney Crosby has moved into sole possession of second place on an impressive list — the number of point-per-game seasons in an NHL career. By reaching 82 points on the year last night, he clinched his 18th straight point-per-game season, moving past Gordie Howe, who had 17. With a point-per-game season next year, he’ll tie Wayne Gretzky for the all-time record with 19.

Those scoring pace statistics are the best way to quantify Crosby’s greatness, given the sheer amount of games he missed due to injury in the early 2010s. While those injuries may limit his place on the main all-time statistics lists, his scoring consistency and ability to adapt his game as the team changes around him should never be overlooked. Crosby’s 83 points in 68 games this season lead the Penguins.

Also from around the league today:

  • The New York Islanders announced that forwards Casey Cizikas and Josh Bailey are both currently sick with non-COVID illnesses, potentially impacting their availability for tomorrow’s game against San Jose. New York still has the inside track on a Wild Card spot in the Eastern Conference but still can’t afford to lose many games down the stretch. Health will be a key factor to watch for them, as Cizikas and Bailey are both key veteran presences with experience in important games.
  • The Arizona Coyotes assigned forward Bokondji Imama and defenseman Michael Kesselring back to the AHL’s Tucson Roadrunners today, according to the team. Both have been shuttled up and down frequently since the trade deadline. Expect both players to be recalled back to Arizona tomorrow, as Nick Schmaltz and Josh Brown aren’t expected to be ready for their game against Chicago and remain out with injuries.

 

Metropolitan Notes: Zucker, Bailey, Hagelin

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Jason Zucker’s tenure with the Penguins has been a tough one with the veteran struggling to stay healthy and not being as productive as expected when he has played.  With that in mind, some wondered if they’d try to find a home for him this summer.  As Dave Molinari of Pittsburgh Hockey Now reports, they did have the opportunity to do so but elected to not pay the high premium it would have cost to do so.  The proposal, which is believed to come from a division rival, would have seen the Penguins part with a first-round pick to clear the final year and $5.5MM of his deal off the books while not receiving anything in return.  We’ve seen that happen recently with the Sean Monahan trade but it would have been a steep price to pay for Pittsburgh.  Interestingly, no team in the division has the money to take on Zucker’s deal outright so this opportunity likely would have come early in the summer before other moves were made.

More from the Metropolitan:

  • While some expected the Islanders to move Josh Bailey in order to free up cap space this summer, Arthur Staple of The Athletic reports (subscription link) that the winger was told at the draft that he wouldn’t be getting moved. The 32-year-old managed to record 44 points in 74 games last season but has seen his production taper off over the last few seasons compared to a three-year stretch where he had at least 56 points per season.  Bailey has two years left on a contract that carries a $5MM AAV and in this trade market, New York would have been hard-pressed to get top value for his services if they did move him.
  • Capitals winger Carl Hagelin took part in informal team skates without needing a no-contact designation, relays Tarik El-Bashir of The Athletic (Twitter link). The veteran has been dealing with an eye injury that has his availability for the upcoming season in question but the fact he’s skating without restriction bodes well for him.  The 34-year-old had 14 points in 53 games last season.

Afternoon Notes: Kubalik, Bailey, Burakovsky, Murray

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Earlier this week, TSN’s Bob McKenzie reported that the Chicago Blackhawks were not expected to extend a qualifying offer to forward Dylan Strome, and now it appears forward Dominik Kubalik will not be receiving one either, says The Athletic’s Mark Lazerus. Failing to qualify Kubalik is not much of a surprise given the choice not to keep Strome around either, and Chicago’s plan to conduct a full-scale rebuild. Had Chicago wanted to qualify Kubalik, the offer would have had to be for $4MM, relatively high as compared to the 32 points of production Kubalik offered in 78 games this season.

Choosing not to qualify Kubalik doesn’t necessarily foreclose the possibility of a return to the Blackhawks, as the move might be to avoid Kubalik accepting the offer or filing for arbitration, but it would make a reunion highly unlikely nonetheless. Although far from a bright side, this doesn’t signify a major blow to Kubalik’s future success, the Czech winger still capable of producing offense, even tallying as much as 30 goals as a rookie in 2019-20, in just 68 games. With a somewhat significant decline from his previous production in 2021-22, Kubalik may not find another deal at the qualifying offer he was expecting, but should find himself with interest from teams that are on a budget but looking to add a spark on offense.

  • From a player who seems on his way to a new team to a player who appears to be staying with his one and only team, The Athletic’s Kevin Kurz reports that the New York Islanders are not only not shopping forward Josh Bailey, but he may not be available altogether. The veteran winger has been a staple in the Islanders’ lineup for 14 years and has two more years at $5MM left on his contract. With the team needing to clear some cap space if they want to add offense and re-sign RFA defensemen Noah Dobson and Alexander Romanov, Bailey had been rumored to be an expendable piece with a relatively significant cap hit the team could cut out.
  • Peter Baugh, who covers the Colorado Avalanche for The Athletic, says that talks between the Avalanche and winger Andre Burakovsky have been quiet, however Burakovsky does still hope to remain in Colorado. With the veteran a pending UFA, and the market opening up on Wednesday afternoon, if Colorado wants to keep him around, the talks will likely have to intensify shortly to get something done. The forward has seen his production take a massive step forward since being traded to Colorado from the Washington Capitals in the summer of 2019, hitting a career-high 61 points in 80 games this season. In addition to Colorado’s need to balance the salary cap along with other pending UFAs in Nazem Kadri and Valeri Nichushkin, Burakovsky also brings with him a streaky nature, leaving his breakout and free agency with question marks surrounding it.
  • According to Sportsnet’s Elliotte Friedman, talks between the Ottawa Senators and Toronto Maple Leafs on goaltender Matt Murray have intensified, though nothing is done just yet. Murray has been one of the most frequently discussed names of the young offseason, with a deal to the Buffalo Sabres seeming to materialize before Murray killed it via his no-trade clause. The goaltender has two more years carrying a $6.25MM cap hit left on his contract, and any trade would likely require Ottawa to retain some salary while also potentially including an asset as well.

Looking Ahead At The Islanders’ Offseason Plans

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The New York Islanders began their offseason work while they were still playing games, signing two players thought to be trade-bait, Cal Clutterbuck and Zach Parise, to extensions on trade deadline day. After the conclusion of the season, the team announced the firing of legendary Head Coach Barry Trotz and soon after, the hiring of new Head Coach Lane Lambert, Trotz’s longtime assistant. Since then, things on Long Island have been rather quiet, perhaps due in part to General Manager Lou Lamoriello’s tight-lipped approach and partly due to the Islanders only having one major contract to workout this offseason: an extension for RFA defenseman Noah Dobson.

In his latest 32 Thoughts article, Sportsnet’s Elliotte Friedman touches on the Islanders’ offseason plans, keying in on three players that have been tossed around as possible trade candidates: goaltender Semyon Varlamov and forwards Anthony Beauvillier and Josh Bailey. On Varlamov, Friedman believes the team prefers to keep the veteran goaltender, who is heading into the final year of a four-year, $20MM contract. Seeing the Islanders lean towards keeping Varlamov is a bit surprising, given his status as a trade deadline target this year, and a goaltending market that seems to have unusually high demand as compared to its supply. But, seen at a different angle, the Islanders presumably still view themselves as a playoff team, so having a complimentary piece to Ilya Sorokin in net may be more valuable than any return they could get.

Friedman says he believes the Islanders could also be a “stealth candidate” for impending UFA Johnny Gaudreau, but adds that if they want Gaudreau and an extension with Dobson, they would have to perform cap surgery to make it happen. The sorts of moves it might take to create the amount of cap room to add an impact forward like Gaudreau and extend Dobson, not to mention add one or two defensemen, with just three under contract for next year plus Dobson, could be difficult. For one, the team has already shed the contract of Andrew Ladd, which cost significant assets and merely allowed them to sign forward Kyle Palmieri and traded steady defenseman Nick Leddy away to create more space. Further, the offseason prior, they traded Devon Toews to the Colorado Avalanche for cap reasons, but suffered the consequence of Toews breaking out into a Norris-caliber defenseman.

The most likely options for the Islanders to make room would be to deal at least one of Varlamov, Beauvillier, or Bailey. Considering the likelihood, or lack thereof, of the team moving Varlamov, that leaves Beauvillier and Bailey. Beauvillier carries a $4.15MM cap hit for the next two seasons, but brings with him an inconsistent track record. Just 25 years old, if the team were to move on from Beauvillier, they may be able to obtain an asset for the forward, but the deal could be more akin to the trade of Toews as opposed to Ladd or Leddy if Beauvillier turns a corner with his new franchise.

Bailey may fall into the category of a salary-cap-dump with two years at $5MM per season left on his contract and soon to be 33-years-old, however the veteran has been a productive player, compiling a 14 goal and 30 assist 2021-22 campaign, spread over 74 games and has had as many as 71 points in a season, coming back in 2017-18. Still, Bailey sits at 993 career games played, all with the Islanders, and given Lamoriello’s track record of loyalty towards his players, a trade of the longest-tenured Islander, especially this close to a milestone like that, may be unlikely.

Beyond the names Friedman mentions, there isn’t much room to move for the Islanders. Palmieri, Anders Lee, Brock Nelson, Jean-Gabriel Pageau, Ryan Pulock, and Adam Pelech, all of whom are signed for multiple years at reasonably significant cap hits, represent the franchise’s core players. Though Dobson is the only major piece to be signed this offseason, looking ahead to next offseason, the team also needs to extend dynamic center Mathew Barzal and reliable defenseman Scott Mayfield, who is currently making a team-friendly $1.5MM in 2022-23.

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