
Matthew Schaefer signs his Islanders rookie contract with new era set to begin
NY Post
Matthew Schaefer is going full steam ahead.
The Islanders’ No. 1 overall pick signed his three-year entry-level deal on Monday, with the announcement coming as Schaefer stepped out to the Citi Field mound to throw the first pitch ahead of the Mets-Guardians game.
According to PuckPedia, Schaefer will receive the full complement of performance bonuses as part of his deal, which carries a $975,000 cap hit. His total salary could be as high as $4.475 million after bonuses.
Signing the contract means that Schaefer cannot go to college next season, though the defenseman had downplayed any possibility he would do so. If he does not make the Islanders — or if he plays nine games and the team opts not to use up a year of his deal — that means the only option would be for him to go back to OHL Erie, as he cannot play in the AHL either.
That, all parties agree, is not especially likely.
Barring something unforeseen in training camp, Schaefer will surely start the season, and end the season, with the Islanders.