User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto
Horses
Soccer
Boxing/MMA
More
Betting Tools

 
Flyers set to buy out Briere's contract

Forward Danny Briere is preparing to become an unrestricted free agent as part of the Philadelphia Flyers' offseason shakeup of their high-priced roster.

Advertisement
A person familiar with discussions confirmed on Wednesday that Briere has been informed by the Flyers that they intend to buy out the final two years of his contract. The person spoke on the condition of anonymity because the Flyers have not announced their decision.

ESPN.com first reported Briere's pending buyout Tuesday evening.

The move will shave $6.5 million off the Flyers' salary cap. Philadelphia had one of the NHL's most expensive payrolls last season, and has been forced into a position to shed salary in order to get under next season's cap, which will drop from $70.2 million to $64.3 million.

Under NHL rules, teams have the option of two amnesty buyouts to terminate contracts before the start of the 2014-15 season.

The Flyers are still on the hook to pay Briere two-thirds - about $3.3 million - of the $5 million the player was owed as part of the eight-year, $52 million contract he signed in free agency on July 1, 2007.

Briere is a 15-year NHL veteran, who had six goals and 10 assists in 34 games last season. He's a seven-time 25-goal scorer, but his production has tailed off as a result of various injuries, including a concussion and a broken wrist.

The move does not come as a surprise, and was one Briere anticipated could happen in late April, after the Flyers missed the playoffs by finishing 10th in the Eastern Conference.

``I certainly hope I'll still be here,'' Briere had said. ``But I also understand it's a business, so we'll see what happens with that.''

The Flyers have already begun retooling their roster after agreeing to sign newly acquired defenseman Mark Streit to a four-year, $21 million contract. Philadelphia acquired Streit last week in a trade with the New York Islanders.

Overall, Briere has 286 goals and 659 points in 847 games split between the Flyers, Buffalo Sabres and Phoenix Coyotes. He's been even more productive in the playoffs, having scored 50 goals and 109 points in 108 games.

The 35-year-old emerged as an offensive star and leader during three-plus seasons in Buffalo, when he helped the team reach the Eastern Conference finals in both 2006 and `07. The Sabres lost the conference final series both times.

Briere helped lead a Philadelphia run to the Stanley Cup finals in 2010, but the Flyers missed the playoffs last season, and were eliminated in the second round in 2011 and 2012.

AP NEWS
The Associated Press News Service

Copyright 2016
The Associated Press
All Rights Reserved

  
HEADLINES
Coyotes' Chayka already making waves
NHL to arbitrate case against Predators
Coyotes sign Murphy to 6-year deal
New York Rangers sign F Marek Hrivik
Wild, D Matt Dumba strike 2-yr, $5.1M deal
Devils sign D Gormley to 2-way contract
Elliott unquestioned No. 1 GK with Flames
Sens agree to 4-yr deal with Mike Hoffman
Bettman monitoring concussion-CTE link
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NHL Pro Hockey Handicapper Sports Picks Records
VegasInsider.com Gold Membership
2015 NHL SEASON PICK RECORDS
Money Leaders
Handicapper Money
Gary Bart + 6356
Kevin Rogers + 4613
Doc's Sports + 2044
Last 7 Day Leaders
Handicapper Money
No Games Last 7 Days  
   
   
Over-Under Leaders
Handicapper Money
Joe Williams + 376
Don Anthony + 370
Doc's Sports + 70
Guaranteed Leaders
Handicapper Money
Kevin Rogers + 5417
Gary Bart + 5130
Don Anthony + 992
Yesterday's Leaders
Handicapper Money
No Games Yesterday  
   
   
Member Leaders
Handicapper Money
Doc's Sports + 1935
Gary Bart + 684
Stephen Nover + 257
MORE PICK RECORDS
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Gold Membership