Islanders set to sign Jean-Gabriel Pageau to contract extension

SAN JOSE, CA - DECEMBER 07: Jean-Gabriel Pageau #44 of the Ottawa Senators skates against the San Jose Sharks at SAP Center on December 7, 2016 in San Jose, California. (Photo by Rocky W. Widner/NHL/Getty Images)
SAN JOSE, CA - DECEMBER 07: Jean-Gabriel Pageau #44 of the Ottawa Senators skates against the San Jose Sharks at SAP Center on December 7, 2016 in San Jose, California. (Photo by Rocky W. Widner/NHL/Getty Images) /
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Hours after trading for Jean-Gabriel Pageau, the New York Islanders are seemingly set to sign their new man to a contract extension?

The New York Islanders went all-in on Jean-Gabriel Pageau at the 2020 trade deadline. The former Ottawa Senators center couldn’t come to an agreement with the Sens on a contract so Pierre Dorion traded him for a 2020 first-round pick, a 2020 second-round pick, and a 2022 third-round pick.

Both the first and third-round picks are conditional. The Sens will get the Islanders first in 2021 if the 2020 pick is in the top three of the draft. And the Sens only get the 2022 third-round pick if the Islanders win the Stanley Cup this year.

But it seems the Islanders didn’t bring in the pending UFA just to be a rental acquisition. They want him long-term as rumors of an impending contract extension swirl.

Contract Coming

According to a few sources around the NHL, the New York Islanders and Jean-Gabriel Pageau are going to come to an agreement on a contract.

Now we wait on the details of the deal, such as term and AAV.

Charlie Coyle is perhaps the best comparison in terms of centers that recently signed. The Boston Bruins center signed a six-year contract this past November with the Bruins for $31.5 million over six years. That’s a $5.25 million AAV.

You have to figure that’s the high-water mark for Pageau. Over their career’s Coyle is the more productive player with 100 more points than Pageau.

I expect the AAV to fall between $4.75 million and $5.25 million. Which is still a considerable upgrade over Pageau’s deal that carries a $3.1 million cap hit.

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It seems that the New York Islanders not only found a guy they could use now, but a man that they think could help them for years to come.