Palmieri had 24 goals and 24 assists while playing all 82 games for the Islanders last season. He has 87 goals and 85 assists in 305 games with New York since arriving in a trade from New Jersey on April 7,

The New York Islanders have signed defenseman Adam Boqvist to a one-year contract. Boqvist, 24, scored 14 points (four goals, 10 assists) in 35 NHL games last season, including eight points (two goals, six assists) in 17 games with the Islanders. The Islanders claimed Boqvist off waivers from the Florida Panthers on Jan. 31, 2025.

The new Islanders general manager made his first two moves Friday, signing Kyle Palmieri to a two-year contract extension at $4.75 million annually and Adam Boqvist to a one-year contract extension for $850,000, per industry sources.