ISLES AGREE TO BAILEY EXTENSION: The Islanders former first-round pick in the 2008 draft has developed slower than expected in his first five seasons, but a great finish in 2013 has earned him a lofty pay raise. Josh Bailey and the Islanders have agreed to a five-year/ $16.5 million contract extension, as the organization truly believes that the 23-year old is a crucial part of the youth core that has pushed the team to playoff-caliber. Bailey collected 19 points in 38 games last season, but showed his worth with ten points in the last 13 games. Not fantasy relevant yet, but could make a big jump in 2013-14.