Minutes prior to a scheduled 9:00 a.m. arbitration hearing in Toronto, the Islanders and the agent for Matt Moulson agreed on a one-year contract. The 30-goal scorer will be paid $2.45 million for 2010-11 and is eligible to become an unrestricted free agent next July 1.Moulson, who made $575,000 last season after signing a two-way contract with the Islanders last summer, led the team with 30 goals and finished fourth with 48 points.
"Matt is (part) of our young core of players and we're excited to have him return this upcoming season," Islanders general manager Garth Snow said in a statement. "He was an integral part of our lineup last season, scoring 30 goals and playing all 82 games."
There had been little progress in negotiations between the Islanders and Moulson's agent, Rand Simon, in the weeks leading up to Tuesday's scheduled hearing. However, as many teams and players look to avoid arbitration, the Islanders and the agent settled on an 11th-hour deal with Moulson waiting in the hallway.
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