According to John Boruk, host over at Comcast SportsNet Philly, the Flyers are about to go all in on captain Claude Giroux. His tweet from Monday: “You can draw up the contract right now, but Giroux will get 71-72 million over 8 years. It’s just a matter of when it gets done.” Giroux has struggled during this truncated season, his first as team captain following a breakout 93-point performance in a full campaign last year. He’s got nine goals and 26 points in 30 games with four power-play markers and a pair of game-winners, but is a minus-9 — indicative …
CBA 101: Could the lockout result in additional 35+ contracts?
Last week I opened up CBA 101 to mailbag questions as I had more or less covered the critical topics with respect to the, now expired, Collective Bargaining Agreement (CBA). Flyers Faithful’s own Marcello submitted a question. Let’s say a player signs a contract extension set to kick in during the ’13 season, when he turns 34. If there is no season and the contract does not start until he’s 35, is it now considered a 35+ contract? This is a very interesting question, and to be honest, I didn’t definitively know the answer. So I took some time to …
CBA 101 Part 2: 35+ Contracts – The Chris Pronger Story
One aspect of the Collective Bargaining Agreement which is near and dear to the Flyers’ heart is the 35-plus contract; which we’ll cover here in Part 2 of CBA 101. A 35-plus contract is a contract of greater than 1 year, in which the player is 35 years or older when the contract takes effect. So what’s the big deal, right? The stipulation with this kind of pact is that no matter what happens, you can’t be rid of the player’s cap hit unless he is traded or claimed on waivers. Even if you were to send a player on …
Coburn gets multi-year extension
The Flyers announced this morning that they have given defenseman Braydon Coburn a multi-year contract extension. It has been reported that a league source revealed the pact to be worth $18 million over four seasons. The average annual cap hit will be $4.5 million per year for the duration — an increase of $1.3 mil from his previous extension. In his fifth season with the organization, Coburn has totaled three assists in 14 games with 19 PIM and a plus-one rating. A former first-round pick of the Atlanta Thrashers in the 2003 draft, the 26-year-old Calgary native has totaled 26 …
Fruits of labor: Bryzgalov finally signed
The coup de grace of Paul Holmgren’s D-Day blitzkrieg has come to fruition, as the Flyers have signed goaltender Ilya Bryzgalov to a multi-year contract. Philadelphia obtained the rights to the 31-year-old from Phoenix two weeks ago and, by dealing both former 2003 first-round picks in Mike Richards and Jeff Carter earlier in the day, the club created enough cap space to ink the pending unrestricted free agent to a reported nine-year contract worth $51 million. The NHL announced earlier in the day that the salary cap for 2011-12 will increase to $64.3 million. Bryzgalov made $4.5 million in 2010-11 …