Islanders trade defenceman Alexei Zhitnik to Philadelphia for Fred Meyer

The move also gives the Islanders some cap room. Zhitnik is earning US$3.5 million this season and has another two years and US$7 million left on his contract beyond that. Meyer will earn just $525,000 this season and next.

Zhitnik joined the Islanders last year after playing 10 seasons in Buffalo. He has two goals and 11 points in 30 games this year.

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Meyer signed with the Flyers in 2003 after going undrafted. In 83 NHL games over the past three years, he has eight goals and 32 points – including two goals and five points in 25 games this season.