The New York Islanders have agreed to terms on a three-year, entry-level contract with rookie center Ryan Strome, the team announced Tuesday.

Strome was selected fifth overall by the Islanders in the first round of the 2011 draft.

"We're excited that he signed his entry-level contract," general manager Garth Snow told ESPNNewYork.com Wednesday. "We feel he's gonna be a big part of what we're building here for the future."

The 18-year-old is coming off a tremendous season for the Niagara Ice Dogs of the OHL, where he recorded 33 goals and 73 assists in 65 games.