[1] It was their second season in the Barclays Center in the New York City borough of Brooklyn, which they moved into after leaving Nassau Veterans Memorial Coliseum in Nassau County on Long Island at the conclusion of the 2014–15 season.
The Islanders attempted to improve upon their 45–27–10 record from the previous season, in which they defeated the Florida Panthers to win their first playoff series since 1993, but fell to the Tampa Bay Lightning in five games in the second round.
However, they were unable to accomplish this as they finished the season with a 41–29–12 record, missing the playoffs by one point to the Toronto Maple Leafs.
Stats reflect time with the Islanders only.
Below are the New York Islanders' selections at the 2016 NHL Entry Draft, held June 24–25, 2016 at the First Niagara Center in Buffalo, New York.