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The New York Islanders are nearing a contract extension agreement with forward Josh Bailey, according to TSN’s Bob McKenzie.
Per McKenzie’s report, Bailey’s new contract will be either a five or six-year deal with an average annual price tag of around $5 million.
Bailey, who is in the final year of a five-year, $16.5-million, is a pending unrestricted free agent.
Bailey was named an All-Star this season for the 1st time in his career.
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