Islanders buy out contract of Yashin

Jun 6, 2007 - 12:59 PM UNIONDALE, New York (Ticker) -- The New York Islanders bought out the final four years of the contract of center Alexei Yashin on Wednesday.

Untradeable because of the 10-year, $87.5 million deal he signed after being acquired from the Ottawa Senators in a draft-day deal in 2001, Yashin was a major disappointment with the club.

Yashin, 33, missed 24 games with a knee injury this past season, finishing with 18 goals and 32 assists in 58 games.

"This decision was one of the hardest I have ever had to make," Islanders owner Charles Wang said. "The organization holds Alexei in the highest regard as a player, as a teammate and as a person. He was part of the revival of the franchise at a time when we had not qualified for the playoffs for eight seasons. All of us at the Islanders wish Alexei nothing but the best as he continues his career."

The No. 2 overall pick by the Senators in 1992, Yashin ended up with 119 goals and 171 assists in 346 games over six seasons with the Islanders. He recorded his best season with the team in 2001-02, when he collected 32 goals and 43 assists for 75 points in 78 games.

"The Islanders have treated me with the utmost respect," Yashin said. "I've always believed in the vision Charles Wang has for the organization and although I won't be a part of it, I believe that the team is headed in the right direction. I'm looking forward to this new chapter in my life."

Over his 12-year NHL career, the 6-3 forward has 337 goals and 444 assists in 850 games.

Along with being a disappointment with the Islanders, Yashin's trade proved quite lopsided as the Senators received All-Star defenseman Zdeno Chara, forward Bill Muckalt and a draft pick that the team used to select center Jason Spezza, a top scoring threat that has helped Ottawa reach the Stanley Cup Finals.

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