Skip to content

Report: Mark Streit’s deal to include no-trade clause

Jun 17, 2013, 6:26 PM EDT

markstreitgetty Getty Images

The Philadelphia Flyers might just part ways with two of their splashiest moves this summer, but that doesn’t necessarily mean that GM Paul Holmgren has stopped throwing caution to the wind.

Whenever Mark Streit‘s contract becomes official, it’s also a 35+ deal, which means the Flyers are stuck with what is expected to be a $5.25 million salary cap hit even if he retires before it expires.*

They won’t be able to pawn his deal off on another team unless the 35-year-old approves, either. TSN’s Darren Dreger reports that the deal will include a no-trade clause with a list of teams he would accept being dealt to.

The size of that list isn’t clear yet, which makes sense since the sides need to wait to make it official anyway.

To add a little drama, it appears that this move cements the notion that the team will use its two compliance buyouts on Ilya Bryzgalov and Daniel Briere. (Both Dreger and Bob McKenzie rank among the many making that argument.)

It just goes to show you: the Flyers entertain during these summer months even when they miss the playoffs altogether.

* – The team has seen how a good defenseman’s deal can turn into an albatross with Chris Pronger, so the organization must hope that history doesn’t repeat itself.

Latest Posts
  1. Ribeiro, Preds continue to negotiate an extension

    Jun 30, 2015, 11:55 PM EDT

    Mike Ribeiro Mike Ribeiro

    David Poile has made the 35-year-old an offer and given him a deadline.

  2. NHL, Coyotes deny report that team is moving to Vegas

    Jun 30, 2015, 9:59 PM EDT

    Las Vegas Arena Construction Site Tour Getty Images

    But this isn’t the first time such a scenario has been reported.

  3. Sharks sign Jones to a three-year, $9 million extension

    Jun 30, 2015, 9:33 PM EDT

    martinjonesap AP

    San Jose acquired him from Boston earlier in the day.

  4. Islanders ink Anders Lee to a four-year, $15 million extension

    Jun 30, 2015, 8:50 PM EDT

    EDMONTON, AB - MARCH 06: Anders Lee #27 of the New York Islanders celebrates a goal against the Edmonton Oilers during an NHL game at Rexall Place on March 06, 2014 in Edmonton, Alberta, Canada. Getty Images

    He was set to become a restricted free agent on Wednesday.

  5. Wings buy out Weiss after two rocky seasons

    Jun 30, 2015, 8:27 PM EDT

    Stephen Weiss Getty Images

    Detroit’s creating an opportunity for one of its young forwards.

  6. Trade: Oilers get Korpikoski from Coyotes for Gordon

    Jun 30, 2015, 8:06 PM EDT

    Lauri Korpikoski Getty Images

    Arizona is getting back its former center.

  7. Saad, Jackets working on an extension ‘as we speak’

    Jun 30, 2015, 8:04 PM EDT

    Brandon Saad Brandon Saad

    He’s set to become a restricted free agent on Wednesday.

  8. Report: Richards’ border incident involved oxycodone

    Jun 30, 2015, 7:36 PM EDT

    Los Angeles Kings v New York Rangers Getty Images

    He hasn’t been charged with a crime, but is reportedly being investigated.

  9. Ducks stay busy, name former Adams winner MacLean assistant coach

    Jun 30, 2015, 6:37 PM EDT

    Paul MacLean AP

    Won NHL’s coach of the year in 2013 with Ottawa.

  10. Trade: Bieksa headed to California — but it’s Anaheim, not San Jose

    Jun 30, 2015, 6:07 PM EDT

    Kevin Bieksa Getty Images

    Where he’ll be reunited with former teammate Ryan Kesler.

  11. Treliving, Flames not concerned about ‘noise’ coming out of Boston

    Jun 30, 2015, 5:45 PM EDT

    Brad Treliving Brad Treliving

    Calgary’s GM responded to comments in a Boston Herald story regarding defenseman Dougie Hamilton.

  12. Trade: Jackets land Saad, Anisimov and Dano headed to Chicago

    Jun 30, 2015, 5:25 PM EDT

    2015 NHL Stanley Cup Final - Game Six Getty Images

    A total of seven players involved in Tuesday’s trade.

  13. Detroit signs Smith to two-year, $5.5 million extension

    Jun 30, 2015, 3:54 PM EDT

    Brendan Smith AP

    RFA defenseman appeared in a career-high 76 games last year.

  14. Defensemen Hunwick, Bartkowski to become UFAs

    Jun 30, 2015, 3:39 PM EDT

    Tampa Bay Lightning v New York Rangers - Game Seven Getty Images

    Rangers and Bruins let their respective rearguards walk, thereby deepening the free agent pool.

  15. Hamilton signs six-year deal with Flames

    Jun 30, 2015, 2:04 PM EDT

    Dougie Hamilton AP

    Cap hit around $5.75 million.

  16. No buyout: Flyers will keep Gagner

    Jun 30, 2015, 1:31 PM EDT

    Arizona Coyotes v Buffalo Sabres Getty Images

    Former first-round pick is relieved after a “stressful” last few days.

Top 10 NHL Player Searches
  1. D. Hamilton (2220)
  2. M. Richards (2028)
  3. C. Talbot (1990)
  4. R. O'Reilly (1846)
  5. S. Gagner (1840)
  1. E. Etem (1663)
  2. R. Lehner (1605)
  3. A. Niemi (1598)
  4. M. Lucic (1536)
  5. C. Pronger (1407)