Ladd inks 7-year deal with Islanders worth $38.5M
The New York Islanders have signed unrestricted free-agent Andrew Ladd to a seven-year contract, the team announced.
Andrew Ladd and New York Islanders come terms on a 7 year/ $38.5 M deal. #NYI
— Aaron Ward (@NHL_AaronWard) July 1, 2016
The former Winnipeg Jets captain joins the Islanders after failing to capture a Stanley Cup as a member of the Chicago Blackhawks.
Ladd has hit the 20-goal mark in five of the last six seasons, only failing to do so in the lockout-shortened 2012-13 campaign.
Signing bonus for Ladd. $7mil,$6.5,$5,$4,$3,$3,$3. No move first two years. No trade next 2. Ltd no trade last 3.
— Darren Dreger (@DarrenDreger) July 1, 2016
For the Islanders, Ladd gives the club a replacement to play alongside captain John Tavares after walking away from forward Kyle Okposo who ultimately agreed to a seven-year contract with the Buffalo Sabres.