One year after Smith's Vezina award, he and Roland Melanson teamed up to capture the first Williams Jennings Trophy in franchise history. The tandem allowed a league-low 226 goals and worked together to backstop the club to its fourth straight Stanley Cup.
In his third season in the NHL and with the Islanders, Melanson posted a regular season record of 24-12-5 (W-L-T), a save percentage of .909 and a goals against average of 2.66. Melanson set career highs in wins, save percentage and also finished second in Vezina voting.
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Smith finished the season with an 18-14-7 record, with a .906 SV%, a 2.87 GAA and one shutout. Smith finished fourth in Vezina Trophy voting, giving the Isles two of the top-four candidates.
The 1982-83 season was the second season the Jennings Trophy was distributed. The award is presented to the goaltender(s) who have played a minimum of 25 games for the team with the fewest goals scored against it based on regular-season play.