Philadelphia Flyers Buy Out Ilya Bryzgalov

The Philadelphia Flyers have announced today they will exercise their second compliance buyout on goaltender Ilya Bryzgalov. Flyers general manager Paul Holmgren released a statement Tuesday to the media to announce the move. “This was a very difficult business decision to make for us and we want to thank Ilya for his time here and wish him all the best moving forward, Holmgren said.

Bryzgalov was the main piece of a major roster overhaul for the Flyers in 2011. Holmgren traded away captain Mike Richards and leading scorer Jeff Carter to clear cap space for Bryzgalov, who signed a nine-year, $51 million contract with the Flyers. Holmgren believed Bryzgalov was the superstar goalie the Flyers long needed to finally win the Stanley Cup. Bryzgalov showed some glimpses of greatness, but was far too inconsistent, especially in the 2012 Stanley Cup Playoffs. In two years, Bryzgalov saved 90.5% of shots and allowed 2.61 goals per game. In 11 games in the 2012 playoffs, Bryzgalov was 5-6 with a 3.46 goals allowed average.

The move clears up valuable salary cap space for the Flyers, who will save $5.67 million in 2013-14. The Flyers will pay Bryzgalov $1.6 million over the next 14 years to buyout his contract. That leaves the Flyers with Steve Mason as the starting goalie. Mason, 25, impressed in his 7 games this year with the Flyers, saving 94% of shots with a 1.90 GAA. The Flyers are looking for a backup for Mason as well, and with more cap space, look for a move to be made soon.

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Philadelphia Flyers Brace For Offseason Frenzy

Simon Gagne is currently a free agent, but is likely to return to Philadelphia next season.

Simon Gagne is currently a free agent, but is likely to return to Philadelphia next season.

When a team misses the playoffs, chances are some players get traded, released, or bought out. When that team is the Philadelphia Flyers, all hell tends to break loose. Flyers owner Ed Snider and General Manager Paul Holmgren are well known for their lack of patience and have made many controversial moves over the years to improve the Flyers’ chances of raising the Stanley Cup. In 2011, after losing in the second round of the playoffs, Holmgren traded captain Mike Richards and leading scorer Jeff Carter away for several young players and draft picks. The Flyers signed “superstar” goalie Ilya Bryzgalov to a nine year deal to secure their shaky goaltending position. The result: Carter and Richards (and former Flyer Simon Gagne) won the Stanley Cup with Los Angeles, and the Flyers lost again in the second round, though this time with a perplexing and slightly absurd character between the pipes (see: Bear in Woods, the Universe speeches).

The lockout-shortened 2013 NHL season was not friendly to the Flyers, who missed the playoffs for the first time since 2007. Multiple injuries plagued Philadelphia’s blue line, and the Flyers’ goaltending questions continued (thanks to whoever traded away 2013 Vezina Trophy winner Sergei Bobrovsky). Now, under the newly ratified collective bargaining agreement, the NHL salary cap for the 2013-14 season stands at $64.3 million. As of today, the Flyers’ cap payroll stands at $7.8 million over the limit. That means Philadelphia will have to make some moves this offseason to avoid hefty cap penalties from the NHL. Here’s what could happen in the days and weeks ahead.

1. Flyers sign D Mark Streit

Sources close to the Flyers reported that the Flyers agreed to a four-year, $21.5 million deal with 35-year-old defenseman Mark Streit. However, Flyers management claims they are still negotiating with the veteran blueliner and no deal has been confirmed. Streit scored 27 points in 48 games last year for the Islanders, where he also served as captain for two years. Streit is known as an offensive defender, a player who can move the puck well and score points while still providing a strong body on the blueline. It’s an interesting move that solidifies the holes left in the blueline by past injuries (and Chris Pronger’s concussion), but at 35, Streit could be more susceptible to injury and decreased productivity. A risky move by Paul Holmgren to replace Pronger.

2. Flyers Buy Out Danny Briere and Ilya Bryzgalov

Since the Streit signing would put Philadelphia more than $12 million over the cap limit, some players would fall victim to the new buy out rule. Danny Briere is the most likely player to be bought out by the Flyers. He struggled in 2013, scoring just 16 points in 34 games for Philadelphia. He also sustained several injuries that kept him sidelined. At $6.5 million per year, Briere is simply too expensive to keep in Philadelphia, and Flyers fans will have to bid farewell to the veteran sniper. (All Briere jerseys on sale!)

Another player to be bought out will be goalie Ilya Bryzgalov. His contract lasts 7 more years at $5.66 million per year. The 32-year-old Bryzgalov never played like the elite goaltender Paul Holmgren thought he was buying, especially in the 2012 playoffs, where he allowed more than 3 goals per game. More known for his antics and puzzling comments than his stellar play, Bryzgalov will have to find another job in the fall. (Perhaps bear hunting?)

3. Reload with Backup Players

The Flyers will primarily have to find another goaltender to complement Steve Mason. A popular name is Los Angeles’ Jonathan Bernier, who turns 25 in August. He has proven he can play, saving 91 % of shots in his young NHL career, but could struggle to play behind Conn Smythe winner Jonathan Quick in LA. Bernier would be another young player the Flyers could develop, and could team with Steve Mason to develop a formidable goaltending platoon.

Then the Flyers need to find some third and fourth line players to replace outgoing players. Simon Gagne has said he would take a pay cut to remain in Philadelphia, and he would be a valuable asset to the Flyers. Mike Knuble could also re-sign, but at a discounted price. On the defensive side, Erik Gustaffson and Mat Walker would be great young players to re-sign.

The bottom line is, the Philadelphia Flyers have to make some moves this summer to rebuild a team that can win a Stanley Cup. Head Coach Peter Laviolette will return, and the new-look Flyers will hope to bring the Stanley Cup back to the City of Brotherly Love for the first time in 39 years.