Not Bailing: Extension salary breakdown, quotes and future impact

This guy.What was at first reported on Thursday became reality Friday when Josh Bailey officially inked a contract extension with the New York Islanders.

The final numbers were more or less what Bob McKenzie originally reported: six years, $30 million, with a cap hit (or average annual value) of $5 million per season. Later on Friday, TVA’s Renaud Levoie (he of the SHOUTING OF THE WAIVERS), broke down the year-by-year salary payouts for the deal.

So Bailey’s taking cash on the barrelhead for the first few years, then diminishing to more reasonable numbers. We don’t know if there’s any no-move or no-trade protection on the deal, but if there isn’t, those last two years would be potentially…