Matt Read Signs 4-Year Extension

In a move to try and keep the team’s young core together for the foreseeable future, the Flyers signed Matt Read Friday night to a 4-year contract extension, worth $14.5 million. Read was scheduled to become an unrestricted free agent after the 2013-14 season.

After being signed out of Bemidji State University, Read posted a rookie-high 24 goals and 23 assists in 79 games for the Flyers in 2012-2013. During last year’s lockout-shortened season, Read posted a respectable 11 goals and 13 assists, although playing much of the year hurt after tearing muscles in his rib area. However, Read was one of the Flyers’ most versatile forwards, seeing time on the penalty kill, and even at the point on power plays.

In quotes to Flyers beat writer Anthony SanFilippo, general manager Paul Holmgren said “We’re excited and happy we finally got this done. This has been going on for the better part of the summer. We’re happy and I’m sure Matt’s happy. He’s one of the young, core players on our team.”

If Read can revert back to his rookie-year production, the Flyers just got an integral part of their future locked up for what could be a healthy bargain.