Parenteau signs as 2011-12 Isles take shape

We wondered yesterday exactly what kind of raise P.A. Parenteau would earn following his 35-point (and counting) campaign on Long Island. Now we know.

After previously locking up Matt Moulson, the Islanders took another step in shoring up next season’s roster by inking P.A. Parenteau to a one-year, $1.25 million extension. (The money was reported via TSN’s Bob McKenzie.) That’s a nice little raise from the $600K he earned this season.

The signing doesn’t necessarily preclude Parenteau from getting dealt before the Feb. 28 trade deadline, but it certainly removes him from the rent-a-player pile being mulled over by teams tight on cap space.

Parenteau becomes the just the sixth Islander forward under contract next season, joining Moulson, John Tavares, Frans Nielsen, Trent Hunter and Matt Martin. The biggest forwards still requiring extensions for next season are Josh Bailey, Kyle Okposo and Michael Grabner, all of whom are restricted free agents.

Doug Weight also remains unsigned, but that is unlikely to change between now and the start of the offseason I’d imagine.