The deal totals out to $1 million with $250,000 in bonuses for Greene, who first came to the Islanders via a trade with New Jersey back in 2020. Signing Greene helped the Islanders have one defenseman that met the exposure requirements for the upcoming NHL Expansion Draft.
The Islanders had been without a defenseman that met the requirements, but the deal was worked out with Andy Greene and it allowed New York to submit their protected list on time by Saturday’s 5 p.m. deadline.
The signing capped off a day that saw the Islanders shed another contract to make room under the salary cap. Lamoriello was able to send Andrew Ladd and his $5.5 million cap hit to the Arizona Coyotes and the night before he sent Nick Leddy to Detroit.
Andy Greene has appeared in 65 regular-season games with the Islanders since arriving on Long Island. Greene has also served as a mentor for young defenseman Noah Dobson last season.
The two were defensive partners during the regular season and during the Islanders run to the Stanley Cup Semifinals.