Kabanov was selected by the Islanders in the third round (No. 65) of the 2010 NHL Draft. He began last season with the Bridgeport Sound Tigers of the American Hockey League and had three goals in 16 games, but was sent to the Stockton Thunder of the ECHL, where he had four goals and four assists in nine games.
The Russian-born forward finished the season with Modo in the Swedish Elite League, where he had six goals and two assists in 12 games.
"I think it is time to say goodbye to all NY Islanders fans," Kabanov wrote on his Facebook page. "Thank you for all your wishes and for great support through all those years. It was my choice to move and huge respect to [general manager] Garth [Snow] for understanding. I spend 4 years with the Islanders organization and never had a chance to play even in AHL for them. But I still appreciate Islanders Medical staff for being with me after injury i get my first year in Bridgeport. and all the staff in Islanders organization.. And specially fans . You will be my friends forever no matter what team i will play in the future. I made great friends and fall in love with Long Island, but it is time to move."