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 Racing
Horses
Boxing/MMA
More
Betting Tools

 
Flyers set to buy out Briere's contract

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

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 2014
The Associated Press
All Rights Reserved

  
HEADLINES
Sportsbook: Updated Odds and Props
Leafs sign F Winnik to one-year contract
Wings agree on three-year deal with Tatar
Sabres re-sign F Adam to one-year deal
Isles, Poulin agree to one-year contract
Leafs G Reimer agrees to two-year deal
Red Wings sign Ferraro to one-year deal
Canucks sign first-round pick Virtanen
Caps sign 1st Aussie player to be drafted
MORE HEADLINES
 
Why Buy Picks From VegasInsider.com
NHL Pro Hockey Handicapper Sports Picks Records
VegasInsider.com Gold Membership
2013 NHL SEASON PICK RECORDS
Money Leaders
Handicapper Money
Kevin Rogers + 2196
Bruce Marshall + 1208
Joe Williams + 62
Last 7 Day Leaders
Handicapper Money
No Games Last 7 Days  
   
   
Over-Under Leaders
Handicapper Money
Bruce Marshall + 1956
Bill Marzano + 603
   
Guaranteed Leaders
Handicapper Money
Bruce Marshall + 900
Tony Stoffo + 553
Bill Marzano + 341
Yesterday's Leaders
Handicapper Money
No Games Yesterday  
   
   
Member Leaders
Handicapper Money
Kevin Rogers + 2026
Joe Williams + 1559
Bill Marzano + 989
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!