Post by MAG22 on Jun 25, 2013 12:22:25 GMT -5
YES!!!!!!!
The Philadelphia Flyers are parting ways with goaltender Ilya Bryzgalov after just two seasons.
The club used the second of their two compliance buyout options on Tuesday to buy out the Russian netminder. On Monday, the Flyers announced they they will buy out the final two years of winger Daniel Briere's contract.
"I met with Ilya this morning and informed him that we are going to exercise a compliance buy out of his contract," Flyers general manager Paul Holmgren said in a statement. "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."
Bryzgalov was originally signed to a nine-year, $51 million contract prior to the start of the 2011-12 season. The Flyers will have to pay him two-thirds of the balance owed on his remaining term, or $23 million.
Combined with the Briere buyout, the Flyers have saved themselves just over $12 million against the cap in each of the next two seasons.
The club used the second of their two compliance buyout options on Tuesday to buy out the Russian netminder. On Monday, the Flyers announced they they will buy out the final two years of winger Daniel Briere's contract.
"I met with Ilya this morning and informed him that we are going to exercise a compliance buy out of his contract," Flyers general manager Paul Holmgren said in a statement. "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."
Bryzgalov was originally signed to a nine-year, $51 million contract prior to the start of the 2011-12 season. The Flyers will have to pay him two-thirds of the balance owed on his remaining term, or $23 million.
Combined with the Briere buyout, the Flyers have saved themselves just over $12 million against the cap in each of the next two seasons.
