- Craig Morgan of PHNX Sports tweeted today that there is no truth to the rumors that the Arizona Coyotes have interest in New York Islanders forward Josh Bailey. While a cap dump to Arizona does make sense for the Islanders given Bailey’s recent play, they might have to cough up significant assets in order to facilitate a trade to move on from Bailey. The once productive forward struggled last season posting just eight goals and 17 assists in 64 games and has become a regular on most pundits lists of players who will be bought out. Bailey’s contract was frontloaded so while his cap hit will be $5MM next season, his actual salary owed is just $3.5MM.