Philadelphia Flyers Close To Signing Mark Streit

By Deanna Vasso
Flyers, Streit close to deal
Anthony Gruppuso-USA TODAY Sports

The Philadelphia Flyers made a splash this postseason after they acquired the rights to New York Islanders defenseman Mark Streit last Thursday. In exchange, the Flyers gave the Islanders prospect Shane Harper and their fourth-round draft pick in the 2014 entry-level draft.

Despite that the Flyers have traded for a much needed defenseman, they have yet to sign him to a deal. This probably has to do with the fact if they do sign Streit that will force them over the cap floor. Streit reportedly left the Isles with the intent to enter free agency because he wanted more money. According to reports, The Isles offered him a three-year deal for $5 million each season, but he turned it down. Reports have also come in saying he’ll be looking for upwards of $6 million a season.

Is that much money going to be reasonable for the Flyers? Not unless they shed some hefty salaries.

When the Flyers sign Streit, it will likely be after they have made salary room by amnestying Ilya Bryzgalov and Danny Briere‘s contracts.  Although that has yet to happen, it’s clear that it will happen soon. On Monday night, TSN’s Darren Dreger reported via his twitter that the Flyers had agreed to a four-year deal with Streit for $5.25 million per year.

Flyers general manager Paul Holmgren quickly put out a statement saying that the team was still in talks and nothing was official yet. Mostly because they have not announced that Bryzgalov and Briere are getting amnestied. With this report, it’s hard to deny all the speculation that both of the players will be getting the boot. Flyers fans have mixed feelings about this potential signing, and they won’t really see if Streit was worth all the trouble until next season.

Deanna Vasso is a Flyers writer for, you can follow her on Twitter, like her on Facebook and join her Google network.

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