According to Arthur Staple of Newsday, it is a one-way deal worth $1.275 million.
McDonald, 28, has appeared in 24 games this season with the Islanders, scoring four goals and adding six assists, along with 25 penalty minutes. The 2003 second-round pick by Edmonton played two games with the Oilers in 2009-10 and five with Pittsburgh last season.
It's hard to walk into that locker room and look those guys in the eye when they've played -- clearly, that was our best game we've played in the series -- and I thought we deserved a better fate tonight.
— Tampa Bay Lightning coach Jon Cooper on his team's 3-2 loss to the Canadiens in Game 3 on Sunday