"Barry brings to the New York Islanders franchise a tremendous amount of knowledge, experience, and success," Islanders general manager Lou Lamoriello said in a release. "He is and has been one of the top coaches in the National Hockey League. I am excited to have the opportunity to work with him."
The deal is believed to be for five years with an annual average of at least $4 million, according to Sportsnet's Elliotte Friedman. In terms of annual earnings, that would put Trotz just below Montreal Canadiens head coach Claude Julien, who reportedly makes $5 million, and above the Edmonton Oilers' Todd McLellan, who reportedly makes $3 million, according to Cap Friendly.
Trotz resigned from his position with the Capitals on Monday after the two sides failed to come to terms on a contract extension. His signing with the Islanders means Washington is the only team officially without a head coach.
He's coming off his fourth year with the Capitals, in which they collected a third straight Metropolitan Division title and the franchise's first Stanley Cup.