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Matt Read signs extension (4 years, $3.625M AAV)

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09-20-2013, 06:28 PM
  #1
RobinDIF
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Matt Read signs extension (4 years, $3.625M AAV)

https://twitter.com/reporterchris/st...96847932379136
http://flyers.nhl.com/club/blogpost.htm?id=20510

From the Flyers website:

Quote:
If there was any question at all as to whether the Flyers viewed Matt Read as part of their long-term core that was answered in resounding fashion late Friday.

The Flyers and Read agreed on a four-year contract extension that kicks in beginning next season.

The contract is for $14.5 million, or an average annual value of $3.625, which will serve as his cap hit beginning in the 2014-15 season.

“We’re excited and happy we finally got this done,” said general manager Paul Holmgren. “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.”

Read, 27, is in the final year of his entry-level contract that is paying him $900,000. Because of his age though, he would have been eligible for free agency after the season.

It was a scenario the Flyers didn’t want to get caught in – bidding against other teams for Read’s services – because they were worried that they could have been outbid by teams who don’t operate as close to the cap as the Flyers do.


Last edited by CanadianFlyer88: 09-20-2013 at 06:46 PM.
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Old
09-20-2013, 06:29 PM
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cheesesteak
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Love it! Now everyone can stop putting him in trade proposals.

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09-20-2013, 06:30 PM
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NHLAlert
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Had it coming to him, either from flyers or someone else. Good for him

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09-20-2013, 06:31 PM
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SeanCWombBroom
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4 years. 14.5 mil. 3.625 per.

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09-20-2013, 06:32 PM
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MP92
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That's a very good cap hit. A lot lower than people were projecting.

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09-20-2013, 06:35 PM
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chinatown81592
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Very nice deal.

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09-20-2013, 06:37 PM
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It is safe now to put him with G and Jake )

Love the deal!

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09-20-2013, 06:37 PM
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SeanCWombBroom
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"Holmgren said. “Now he plays regularly on the power play, he kills penalties, he plays 4-on-4… in short he’s a valuable part of our hockey team and it’s nice to have him under contract for the next five seasons.”

From the Flyers link.

Homer is a smart man.

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09-20-2013, 06:41 PM
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And then there was Schenn.....

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Old
09-20-2013, 06:41 PM
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FlyersFan61290
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That's a steal

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09-20-2013, 06:43 PM
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Holy ****. Great term and $$$.

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09-20-2013, 06:47 PM
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This is f***ing awesome.

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Old
09-20-2013, 06:48 PM
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Calderone
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Wow, Homer didn't get totally fleeced by an agent? Good deal.

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09-20-2013, 06:53 PM
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Awesome

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09-20-2013, 06:57 PM
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bp spec
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Great deal.

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09-20-2013, 07:00 PM
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Captain Claude
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Always liked Read, glad he's going to stay around...or at least I hope so.

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Old
09-20-2013, 07:07 PM
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Adtar02
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Great contract.

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Old
09-20-2013, 07:08 PM
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LegionOfDoom91
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Good deal, I figured he would test free agency & price himself out but glad this happened instead.

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09-20-2013, 07:10 PM
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Jtown
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Wow. Read could have done better for himself on the open market, but man you can't beat a caphit like that for a guy that is so versatile as him. Glad he is on board for the future.

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09-20-2013, 07:13 PM
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JDinkalage Morgoone
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Excellent cap hit and term for a guy that does everything on this team. Love Matt Read!

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Old
09-20-2013, 07:14 PM
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good deal i think read can play all years on 2line

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Old
09-20-2013, 07:25 PM
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Well this certainly answers the question of whether or not Read feels a certain sense of loyalty to the Flyers for giving him a shot in the NHL.

Great player and the kind of guy that's invaluable for a future cup run.

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Old
09-20-2013, 07:26 PM
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Paul Holmgren pulls another fast one on the rest of league.

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Old
09-20-2013, 07:44 PM
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Freaking... AWESOME!

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Old
09-20-2013, 07:45 PM
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DrinkFightFlyers
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Wow, that is a pretty low deal. I would have thought $4.5 was more likely.

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