New York Islanders Loan Forward Overseas

Michael DeRosa Thursday, October 13, 2022 New York Islanders

Richard Panik is heading to Switzerland, as the New York Islanders have loaned the veteran winger to Lausanne HC.

New York #Isles have loaned forward Richard Panik from Bridgeport of the AHL to Lausanne HC of the Swiss league.

Panik who is in the final year of his contract, will continue to count against the Islanders cap at the buried amount while in the NL. https://t.co/mfKP3lsIRd
— CapFriendly (@CapFriendly) October 13, 2022

Panik did not make the Islanders' NHL roster this season and was set to play in the AHL yet again this campaign. Yet, this loan overseas will allow the 31-year-old to play closer to home and to have a large role with his new club.

Panik played in four games for the Islanders last year, where he had an assist and a minus-2 rating. He primarily spent time in the AHL, however, where he had nine goals and 10 assists in 39 games split between the Bridgeport Islanders and Chicago Wolves.

Although Panik has been loaned, he will still cost $250,000 on the Islanders' salary cap. $1.125 million of his $2.75 million cap hit is buried, while the Detroit Red Wings are still paying $1.375 million of it.

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