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Islanders Sign 1st Overall Pick to Entry Level Contract
NEW YORK, AUG 4 – First overall 2025 draft pick Matthew Schaefer signed a three-year deal worth $2.93 million and aims to secure a roster spot despite a recent collarbone injury.
On Monday, the New York Islanders signed Matthew Schaefer to a three-year entry-level contract, announced the team. The deal does not guarantee NHL play but expects him to compete for a spot.
On June 27, 2025, Schaefer was selected first overall by the New York Islanders in Los Angeles, California.
Since he won’t turn 18 until Sept. 5, Schaefer signed a $2.93 million contract with a $975,000 cap charge.
Competing for a roster spot, Schaefer's contract signing does not guarantee NHL play this season, and the Islanders could send him back to the Erie Otters.
With the season opener on Oct. 9 in Pittsburgh, training camp begins mid-September, and Schaefer will wear No. 48, expected to compete for a spot.