Ottawa released Bailey on Sunday from his professional tryout agreement.

EDGE Analysis

Bailey notched eight goals and 25 points in 64 games with the Islanders last season. He was traded to Chicago at the 2023 NHL Entry Draft and was promptly bought out of the final season of his six-year, $30 million contract.

Bailey was designated for waivers by the Blackhawks on Thursday in order to buy out his contract, Chris Johnston of TSN reports.

EDGE Analysis

It's been an interesting day for Bailey who was acquired by the Hawks, along with a 2026 second-round pick, from the Islanders for future considerations, only for his new club to immediately terminate his contract. While New York has shed the full $5 million cap hit by trading the winger, Chicago will still be on the hook for $2.7 million this year and $1.2 million next season, assuming Bailey clears waivers. Since his career-best 2017-18 campaign in which he racked up 71 points, Bailey's numbers have steadily declined, including just 25 points in 64 games last season.

Bailey has been traded to the Blackhawks in exchange for future considerations, reports the New York Islanders Twitter feed.

EDGE Analysis

A second-round pick in the 2026 NHL Entry Draft also goes with Bailey, who has one more year on his deal with a $5 million cap hit. He had eight goals and 25 points in 64 games with the Isles in 2022-23, and he will provide depth for the Hawks.

Bailey (illness) is not expected to play Saturday against San Jose despite returning to the ice for the morning skate, Andrew Gross of Newsday reports.

EDGE Analysis

Bailey was also a healthy scratch for Wednesday's 6-3 win over Anaheim. He didn't practice Friday because of an illness. Bailey has produced eight goals and 25 points in 61 contests this campaign.

Bailey missed practice Friday with a non-COVID illness.

EDGE Analysis

Bailey is questionable for Saturday's tilt in San Jose. The veteran forward has eight goals and 25 points in 65 games this season, his worst campaign since his rookie season in 2008-09 when he had seven goals and 25 points in 68 contests.

Bailey contributed a goal and an assist in the Islanders' 3-2 victory over Buffalo on Tuesday.

EDGE Analysis

Bailey's marker early in the third period put New York up 2-1. He has eight goals and 25 points in 58 contests in 2022-23. Bailey is on a three-game point streak with two goals and four points in that span.

Bailey scored a goal on two shots in the Islanders' 2-1 shootout loss to the Wild on Tuesday.

EDGE Analysis

Bailey opened the scoring in the game, banging in a rebound off of Filip Gustavsson. This goal snaps a four-game pointless streak and gives him three points in February. On the season, Bailey has seven goals and 22 points in 56 games.

Bailey (upper body) will return to the lineup Sunday against Winnipeg, Andrew Gross of Newsday reports.

EDGE Analysis

Bailey, who has missed the past four games, has supplied six goals, 21 points and 66 shots on net in 54 contests this campaign. His return to action could bump call-up Arnaud Durandeau from the lineup.

Bailey (upper body) has accompanied the team on their road trip to Winnipeg and Minnesota, Andrew Gross of Newsday reports.

EDGE Analysis

Bailey has already missed the last four games due to the injury. It would seem that if he weren't going to play on this quick two-game road trip, the team would've left him on Long Island. That being said, the Islanders haven't announced if Bailey will play Sunday versus the Jets or if he is a game-time decision. Bailey has been a disappointment all around this season, with only six goals and 21 points in 54 games. The team would love to move him and his contract by Friday's trade deadline, but that would seem extremely unlikely.

Bailey (upper body) isn't expected to play Friday against Los Angeles, Andrew Gross of Newsday reports.

EDGE Analysis

Bailey also missed the Islanders' previous three games because of the injury. He did take part in Friday's practice though, so he seems to be making progress in his recovery. The 33-year-old has six goals and 21 points in 54 contests this season. With Bailey still out, Arnaud Durandeau is projected to stay in the lineup for the third consecutive game.