NEW YORK -- With one day remaining until the NHL's trade deadline, there has been no progress in talks between the Islanders and captain Mark Streit on the framework for a new deal, a source told ESPNNewYork.com.
Although the 35-year-old Streit would certainly garner interest from teams looking to add a solid puck-moving defenseman, the Islanders will not necessarily move him because of the contract stalemate. Streit has been given the indication from GM Garth Snow that he will not be traded, a source said, although that could change.
The Islanders are challenging for a playoff spot, so Snow finds himself in a different position than previous years. While he may still look to move Streit to maximize the return, he is also in a position to add a player or two to bolster his roster for the stretch run.
Although there was optimism from both sides that a deal for Streit could get done before the deadline -- Snow and Streit's camp have had regular discussions for over a month now -- an agreement couldn't be reached.
It is believed that Streit is looking for a multi-year extension with an average annual value north of what 36-year-old Lubomir Visnovsky recently received. The Isles inked Visnovsky to a two-year, $9.5 million extension on Friday.