Thomas Vanek's NHL future does not appear to be with the New York Islanders.
Newsday's Arthur Staple tweeted Monday morning that his sources indicate the 30-year-old Austrian has turned down a "substantial" contract offer from the Islanders.
Staple added that the Islanders are now likely to deal Vanek before the NHL's Mar. 5 trade deadline.
Newsday reported on its web site that the offer is "believed to be in the same range as Vanek's current seven-year, $50 million deal".
The Isles acquired Vanek from the Buffalo Sabres on Oct. 27 in exchange for forward Matt Moulson and a first round draft pick.
In 41 games with the Islanders, Vanek has scored 15 goals and added 23 assists. He has 19 goals and 28 assists in 54 total games this season between the Sabres and Islanders.
Vanek is in the final season of the seven-year, $50 million contract he signed with the Sabres prior to the 2007-2008 season. A one-time Second-Team NHL All-Star, Vanek has scored 269 goals and 266 assists in 639 career games with the Sabres and Islanders.
The Sabres originally selected him fifth overall at the 2003 NHL Entry Draft.