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Islanders Land Ondřej Palát From Devils, Take On Full $6 Million Cap Hit

The move gives New Jersey roughly $3.5 million in breathing room to pursue upgrades before the March deadline.

Overview

  • The Islanders receive Palát plus a 2026 third-round pick and 2027 sixth-rounder, with Maxim Tsyplakov heading to the Devils.
  • New York assumes Palát’s entire $6.0 million AAV with no salary retained; both players are signed through 2027 (Palát $6.0M, Tsyplakov $2.25M).
  • By swapping contracts without retention, New Jersey clears approximately $3.25–$3.75 million in short-term cap space.
  • Palát has 10 points in 51 games this season after three underwhelming years in Newark, while Tsyplakov has 2 points in 27 games after a 35-point rookie campaign.
  • The deal follows the Islanders’ acquisition of defenseman Carson Soucy and reunites Palát with GM Mathieu Darche from their Tampa Bay days.