ESPN.COM: Katie Strang reports the NY Islanders have re-signed forward Josh Bailey to a two-year, $2.1 million deal. Strang reports Bailey had until 7 am ET today to re-sign:

“Per Islanders team policy, any player unsigned by the start of training camp forfeits the entire season while the team retains his rights.”

SPECTOR’S NOTE: The Isles play rough, though I can’t help but wonder if that policy would apply to someone like John Tavares? Anyway, an affordable deal for the Isles, which breaks down to $1.05 million per season.