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Report: Isles’ Parenteau headed to free agency

Jun 20, 2012, 12:58 PM EDT

P.A. Parenteau Getty Images

According to Renaud Lavoie of RDS, New York Islanders forward PA Parenteau will head to free agency on July 1.

Lavoie cites sources on Long Island that say the 29-year-old winger — who finished third on the Islanders with 67 points last year — isn’t going to re-up with New York.

Or, New York isn’t going to re-up with him.

If you’re wondering why the two sides failed to reach an agreement, here’s what CBC’s Elliotte Friedman wrote in his 30 Thoughts column from June 11:

It doesn’t sound like the Islanders are interested in re-signing Pierre-Alexandre Parenteau. Sometimes, people look at guys like him and say, “He’s only getting points because he’s playing with John Tavares.” While that may be true, it’s always a gamble the next guy has the same chemistry with your star. Or that Parenteau will go somewhere else and get 67 points with a different star.

Parenteau will hit the open market as one of the league’s most intriguing UFAs. In terms of production, few unrestricted forwards racked up more offense last season — Parenteau’s 67 points were second only to Phoenix’s Ray Whitney (77) and New Jersey’s Zach Parise (69).

It’ll be curious to see how teams value him in terms of dollars and term. Remember, Parenteau is a classic late bloomer that only really established himself as a full-time NHLer in 2010-11; prior to that, he’d never played more than 22 games in a single season and had never made more than $550,000 on a single contract.

Last season, Parenteau played on a one-year, $1.25 million deal, making him one of the best bargains in the NHL.

We will now wait for diehard Islanders fan (and noted PHT commenter) bcilesman to weigh in.

  1. capsfan19 - Jun 20, 2012 at 1:04 PM

    I concur! Shoot id take em!

  2. jaypot23 - Jun 20, 2012 at 1:22 PM

    “We will now wait for diehard Islanders fan (and noted PHT commenter) bcilesman to weigh in.”

    Haha, good line!

  3. pone27 - Jun 20, 2012 at 1:28 PM

    Living on LI, I watched P.A. for most of the season..

    I see why the Isles may let him walk, but it sounds to me like its a case of the Isles rather go pay what P.A. would fetch on the market to someone with more of a name. Not for nothing, but even Islander fans dont pick up on him too much, which is sad.

    I think hes mostly a second line/awesome depth guy. The most I would toss at him is 2.5 mil a year on a max of 3 years.

    Regardless, hes a worker, and a likable guy. I wish him luck. Heck, bring him to the Hawks! (Sorry, had to add that)

  4. bcisleman - Jun 20, 2012 at 1:32 PM

    For once, Friedman is wrong. Isles made a fair offer, but PA wanted big $. I’ve heard it was something on the order of 5 years, $25 mil. Isles didn’t want to commit to more than 3 years probably $12 mil or so. We’ll see if he gets what he wants in FA. Reminds me a lot of Jason Blake. He had a fluke of a 40 goal season and wanted a huge payday. Garth made a very down to earth offer that Blake spurned before signing an absurd contract with TOR that Leaf fans lamented until Burke moved him to ANA.

    • govtminion - Jun 20, 2012 at 1:34 PM

      So let me ask you- and I mean this as an honest question, you watch the Isles far more than I do, it’s safe to say- do you think Parenteau is going to decline in numbers once he’s away from Tavares then? Or do you think he’s a legitimately good player in his own right no matter who he’s playing with?

      • bcisleman - Jun 20, 2012 at 4:56 PM

        I think he’s good…but he and his agent overvalued his services. May have to do w/ Jones deal.

    • jpinva - Jun 20, 2012 at 2:42 PM

      I’m not so sure I agree with you. There are a few things that both sides must consider, and they still may come to an agreement.
      The Islanders:
      They now have Okposo to fill that top spot. Behind him at RW are Nino, Strome, Kabanov and very possibly the fourth pick in this year’s draft. Ullstrom/Grabner/Martin can give the off wing a shot as well. There is no shortage of “potential” replacements for Parenteau.
      That being said, PA is the best current option to play with Tavares and Moulson. In three years though, you’d hope that Strome, Nino or another prospect has emerged.
      Parenteau fits in well in the Islanders’ timeline, but really only if he is willing to take shorter term contracts. If one other option does emerge, PA will have some value as a tradable asset at around $4-4.5M per… but not with more than 2 years left on his deal… unless, of course he starts pumping in goals left and right… but that’s not happening.

      He has been out from under for two years. He has made the most of his NHL opportunity, but it came late for him. He needs to take advantage of as much money as he can make in a relatively small window. He has a window of possibly 6 years. I’d think he’d want close to $30M for those 6 years any way he can get it. He’s going to have to get to 7/1/12 as a UFA to do that.

      Bottom Line:
      I think the business relationship between Snow and PAP’s agent is a good one. If that is true, you’d have to believe that Snow will be offered a matching option on a certain date (maybe 7/1 because other GM’s won’t want to be jerked around… this isn’t the first rodeo).
      So.. most likely Montreal offers him $20M for 4 years, and the Isles let him go. That is not a negative for either party… Parenteau will help Montreal(or where-ever he goes). The big differences here between PAP and Blake are:
      1. Blake was sidetracked by a battle with cancer. He wasn’t going to put up 40 each year, but he wasn’t on a path to decline that rapidly if healthy.
      Parenteau is still in his physical prime. There is no reason for either side to expect a decline within a thre year window.

      2. There was a lot of speculation that Blake would have signed for a more modest sum in January 2007… and the “committee” couldn’t reach a consensus… hence the mass exodus that summer. It wasn’t just Jason looking for greener pastures.
      Snow is pulling the strings all by himself. He has a plan(we hope), and he is managing it without being manipulated by agents and the press. His rules are on the CBA which give him the control of 20 indentured servants. He is building a core of sub 27-year olds so he can limit his dealings with the absurdity of free agency.

      3. The Islanders wanted to get younger and take advantage of the CBA. It looks like they wanted a core of veterans which they failed to nurture on their own, and then move to the draft… but they had no draft picks that year. Again… poor management by committee.
      As I stated in #2, Snow has a plan… it will hit speed bumps like this… Parenteau will make the Islanders better, faster… but his draft picks should make them better, LONGER!

      • bcisleman - Jun 20, 2012 at 5:08 PM

        From what I hear, the deed is done. PA will test FA. Is it possible that he re-signs w/ the #Isles if no one out there offers him what he wants? Sure. Wouldn’t count on it though. At this point, I am assuming he is gone.

        PA would have been a nice placeholder until Nino, Strome, Kirill, Anders and others were ready. GS has said he will try to bring in a bonafide 2nd line ctr. Grigo is the only one fitting that description in the draft who is at all likely to be NHL-ready. Were I to guess, I’d say Isles would be more likely to go for FF or Gally…or perhaps trade the pick for Stastny or a package incl FOJT Sam Gagner.

        If Strome is ready, he could fill PA’s role. Otherwise, Grabs and Bails would be 2nd liners w/ the new center and Frans would center a 3rd line consisting of some combo of Ullstrom, Joensuu or a FA. Reasoner would center perhaps MattyMarts and Cizikas. I’m not assuming any of our prospects will be NHL-ready.

  5. ribs108 - Jun 20, 2012 at 3:11 PM

    There’s a newly-minted, almost-entire coaching staff and a feeble-minded, minority-language media that want P-A badly. Hint: They’re entering their 20th season of no-Cup, playoff-bubble futility.

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