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Alan Quine Contract with New York Islanders: 2-Year, 1-Way Extension

The New York Islanders and forward Alan Quine reached agreement on a two-year, one-way contract extension, completing a dramatic turn in the 23-year-old's recent career.

General Fanager reports the compensation as a cap hit and average annual value (AAV) of $612,500, with a year one salary of $575,000. That actually represents a theoretical pay cut at the NHL level (which was $620,000 last season), but the difference is a one-way contract guarantees that compensation rate all season, whereas last season he was mostly bringing home the $60,000 AHL rate on a two-way contract.