New York on easy Streit for five years 20.5m

NYI Fan CentralSenior Analyst IJuly 1, 2008

BULLETIN: Isles sign Mark Streit
The Islanders landed their power-play quarterback. Former Montreal defenseman Mark Streit, 31, just agreed to a five-year deal. Streit totaled 13 goals, 49 assists and 62 points last season.

Newsday: Greg Logan has another blog on the Mark Streit signing with contract details.

Islanders website: Has a full update with comments from Garth Snow and Mark Streit on the signing.

NYI Fan Central Comments:
Flat out steal for Garth Snow at those years and that price considering what other defenders got. Upgrades the powerplay and the offense from the point huge.

Isles paid below market value for a franchise defender.
So much for the condition of the Coliseum.
Or the reports no one will sign here.
Or they would have to pay huge to sign anyone.

They signed a franchise defender tonight for below market value.
Myths busted tonight.

Best UFA signing in club history.

Hats off to Garth Snow.

Point Blank: Mr Botta has a blog about the clubs signing of Mark Streit where he gives them full credit for the signing.

For those curious:
Which defenceman will provide the best value for his new contract?

Brian Campbell: 8-years, $56.8 million - 30%
Wade Redden: 6-years, $39 million - 21%
Mark Streit: 5-years, $20.5 million - 48%

Billy Jaffe was on Msg and loved the signing.