Mark Streit has agreed on a four-year contract extension with the Flyers, five days after the Orange and Black traded for his rights. The deal is worth a reported $21 million with an average annual cap hit of $5.25 million.
The Flyers can't make the deal official until the trim their salary cap, according to CSNPhilly.com, likely by exercising an amnesty buyout on Danny Briere. Goaltender Ilya Bryzgalov is also a candidate, but the team would likely hold onto him until they can negotiate a trade for another goaltender.
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"We continue to have talks with Mark's agent. Although there is nothing to report, we remain confident that we will get something done," GM Paul Holmgren said in a statement.
The Flyers gave up prospect Shane Harper and a fourth-round pick in the 2014 draft to obtain Streit. The 35-year-old defenseman played for the New York Islanders last season, leading them in scoring with 27 points.
Report: Orange and Black pushing for Bernier
The Flyers' annual search for a goaltender has officially started. The team is reportedly making a push to acquire Kings backup Jonathan Bernier, according to several media outlets. One reporter claims they are a front-runner to sign Bernier. The 24-year-old has played in 62 games with a 2.36 goals-against average and .932 save percentage. Many consider Bernier, a restricted free agent this summer, the best young goalie on the market.