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Salary Cap

SPORTS
January 28, 2015 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
THE STATISTICS and analytics matched what Dean Lombardi's eyes were witnessing. He could see the drop-off in Mike Richards like everyone else, but didn't want to believe it. Managing a dynastic Stanley Cup enterprise isn't always black and white, after all. Not when people are involved. Lombardi had one final opportunity last June to buy out Richards' contract, but was swayed by the conversation he had with the player who made the Los Angeles Kings' 2012 Cup possible. He decided against it. It was a decision the general manager clearly regrets now, after placing the former Flyers captain on waivers yesterday.
SPORTS
January 27, 2015 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
COLUMBUS - First he was in, then he was out, then he was in again. It was a rush of emotion for Flames forward and South Jersey native Johnny Gaudreau. But it culminated with the Carneys Point product appearing in his first NHL All-Star Game as an injury replacement for Sidney Crosby. His addition to the roster meant Gaudreau would reportedly pocket an extra $212,500, per performance-based bonuses on his entry-level contract. "It was really special for me," Gaudreau said.
SPORTS
January 25, 2015 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
COLUMBUS, Ohio - With each cent the Canadian dollar drops in relation to its American counterpart, so too may Ron Hextall's chances to hasten the Flyers' rebuild. At the NHL's Board of Governors meetings in Florida in early December, commissioner Gary Bettman suggested next season's salary cap might rise to $73 million from this year's $69 million limit. When he made that prediction, the Canadian loonie was trading at 89 cents to one American dollar. Yesterday, it closed at 80 cents on the market.
SPORTS
October 23, 2014 | By Sam Donnellon, Daily News Staff Writer
JUST 2 DAYS after CBSSports.com reported that Ray Rice could be reinstated to the NFL within a month, the NHL made it clear to everyone that it will not be the next league dragged through the slush over its handling of domestic-abuse cases involving its players. But please . . . hold your applause. Los Angeles Kings defenseman Slava Voynov doesn't have his mug on a video-game box or his jersey all over the backs of kids and adults nationwide. There's no wing of his memorabilia on display at his alma mater.
SPORTS
October 4, 2014 | By Mike Sielski, Inquirer Columnist
Looking back, R.J. Umberger knows exactly when he became more than a man, or maybe less of one. It was Sept. 21, 2011. He signed a five-year, $23 million contract extension with the Columbus Blue Jackets that day. Umberger had scored at least 23 goals in each of his previous three seasons, had emerged as a fixture on the team's power-play and penalty-killing units, and presumed he'd be part of Columbus' core with Rick Nash and Derick Brassard for...
SPORTS
July 2, 2014 | By FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
TRY AS HE might, Ron Hextall could not rid the Flyers of any of the numerous onerous contracts bogging down their salary cap. Hextall could not find a taker for center Vinny Lecavalier, despite the fact he gave agent Kent Hughes more than 2 weeks to work out a landing spot. He will be paid a $2 million signing bonus today, which hampered negotiations. Hextall did not budge in buying out winger R.J. Umberger, despite the fact he is the Flyers' second-highest paid forward after Claude Giroux.
SPORTS
July 1, 2014 | By Frank Seravalli, Daily News Staff Writer
THE NAME of "Mr. Irrelevant," otherwise known as the 210th pick, had not been registered by the Stanley Cup champion Kings even 10 minutes Saturday and Ron Hextall was ready to put his first-ever draft in the rearview mirror. The Flyers have work to do. "First on my agenda right now is to go back to Skate Zone and take a look at our [salary] cap," Hextall said. "We have the hard number now, so we've got to look at it and see where we can try to maneuver. " The Flyers need to do some serious maneuvering just to fill out their roster for the upcoming season, let alone entertain pricey free agents when the signing window opens tomorrow at noon.
SPORTS
June 29, 2014 | By Marc Narducci, Inquirer Staff Writer
Defenseman Anthony DeAngelo said he came to the Wells Fargo Center countless times while he was living in Sewell as a Flyers fan. He moved to Iowa four years ago, and his goal of playing in the NHL only intensified. So it was fitting that he found out about his professional destination while in the Wells Fargo Center for Friday's first round of the NHL draft. DeAngelo was selected in the first round, 19th overall by the Tampa Bay Lightning. He had 15 goals and 56 assists in 51 games for the Sarnia Sting of the Ontario Hockey League this season.
SPORTS
June 15, 2014 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
DAYS AFTER the Flyers' Game 7 loss to the Rangers, Kimmo Timonen acknowledged he was full of doubts as to whether he could handle the rigors of another 82-game season - both physically and mentally. But then . . . he took a vacation, came back and turned on the television. "Time goes by," Timonen said, "and you watch these games and watch the playoffs and start working out, you get the feeling that, 'I don't think it's time to retire.' " So, after reassuring general manager Ron Hextall he was ready for his eighth season as a Flyer, the sides worked out a 1-year contract extension that was consummated yesterday.
SPORTS
April 24, 2014 | BY FRANK SERAVALLI, Daily News Staff Writer seravaf@phillynews.com
STEVE MASON surprisingly returned to the Flyers' bench last night, less than 24 hours after completely ruling himself out of Game 3 - even as a backup. Mason stood up periodically to stretch in the tunnel leading to the Flyers' dressing room, in uniform for his first Stanley Cup playoff game since April 23, 2009. The stretching turned out to be useful. Mason was summoned from the bench for the final 7 minutes, 15 seconds last night, once the game was firmly in hand for New York.
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