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Holmgren: Briere buyout ‘very difficult decision’ for Flyers

Jun 20, 2013, 1:09 PM EDT

BriereHolmgren AP

With Daniel Briere‘s compliance buyout now just a formality, Flyers GM Paul Holmgren spoke Thursday about what many are calling the end of an era.

“This was a very difficult decision for us to make as Danny has been a very good player for us over the past six years,” Holmgren told the Flyers website. “Danny came to our organization as a free agent in July of 2007 and has been a tremendous player, person and role model in all aspects and for that we thank him.

“We wish him continued success and best wishes in any future endeavors.”

Briere accomplished plenty in Philadelphia after leaving Buffalo six years ago. He represented the Flyers in a pair of All-Star Games (2007, 2011), winning MVP honors at the ’07 contest.

In 2010, he finished as the leading postseason scorer — 30 points in 23 games — setting a Flyers’ franchise record in the process.

In the end, though, the organization could no longer afford Briere’s front-loaded eight-year, $52 million deal.

Here’s more, from Philaldephia Flyers Inside Reporter Anthony SanFilippo:

He had two years remaining and while he was only owed $3 million for next season and $2 million the season after, Briere, 35, still had to have a cap hit of $6.5 million per the rules in the Collective Bargaining Agreement (CBA) which says the Average Annual Value (AAV) of a player’s contract counts toward the cap, not the specific dollar figure.

The Flyers will now have to pay Briere 75 percent of his remaining money owed – $3.75 million – but will have twice as long to pay it as was the term remaining on his contract.

This means the Flyers will pay Briere $937,500 per season for the next four seasons. As a result, the team will get cap relief by not having any portion of his contract count against the cap.

In speaking with SanFilippo, Briere had nothing but kind words for the city, organization and fans.

“I just want to say thank you to all the fans and my teammates for the wonderful last six years here,” he said. “Also, I want to thank the Flyers organization for treating me so well during my stay here.

“I will always be grateful to everyone around the team for my time spent as a Flyer.”

  1. hockeydon10 - Jun 20, 2013 at 1:11 PM

    If his cap hit was equal to his salary, this doesn’t happen. Philly was really suffering with that huge cap hit compared to his production.

    (Not that I’m advocating for cap hit to equal salary, FWIW.)

  2. me6661973 - Jun 20, 2013 at 1:15 PM

    thanks danny going miss him. but we need more d and a goalie help mason

  3. steelpenbucs87 - Jun 20, 2013 at 1:26 PM

    It’s going to be interesting to see how the bought out folks (Briere, Bryz, Richards, etc.) make on their new squads. It’ll be a tough road to hoe when you essentially have had an organization say recently “we don’t want you at this price anymore.”

    • dku5 - Jun 20, 2013 at 4:54 PM

      I don’t think it will make too much of a difference. There is a reason they were offered such large contracts in the first place, and it was their skill. They will be picked up by other teams at a reduced price, but even that will be fine b’c they are still making 1/2 to 2/3 the other contact over twice the lenth of the remainig years.

      Danny will still get 2 of the 6 million each year, but he will get it twice as long as originaly planned. Now he can sign with OTT (for Ex) for 6 for 6, make 3 million a year, and the team only gets hit with 1.

    • dku5 - Jun 20, 2013 at 5:04 PM

      Or to put it another way, Brad Richards is due 6.6 for the next 7 years. If he is boughtout, NYR will pay him 2 for the next 14 years. The Flyers can sign him at 10 for 5, he still makes 4 mil for 5 years, and the FLY guys are only on the hook for 2. If he falters after 3 years, they can buy himout, in which case they will be on the hook for 600K for another 4 year.

  4. jpelle82 - Jun 20, 2013 at 1:32 PM

    cant believe its been 6 years…seems like just yesterday

  5. biffnasty - Jun 20, 2013 at 1:45 PM

    they should *buy out* the entire filthy squad and start from scratch..what a terrible team from top to bottom. only player worth keeping is that soul-less ginger

    • hockey412 - Jun 20, 2013 at 2:11 PM

      Soul-less ginger….you’ll have to be more specific…

    • laxman1944 - Jun 20, 2013 at 2:47 PM

      So waht are you trying to say Biff?? You don’t particulary care for The Flyers?

      • ibieiniid - Jun 20, 2013 at 3:11 PM

        ::straight face:: “Bobby Clarke killed my father.”


  6. laxman1944 - Jun 20, 2013 at 1:47 PM

    Thanks again Danny…….we’ll see you back in the orginization after you retire.

  7. phillyphanatic77 - Jun 20, 2013 at 2:08 PM

    Would not surprise me at all if he signed a 1-yr deal with someone then returned to Philly the next season. But either way he’s been nothing but a class act, and one of of my favorite Flyers of all time.

    • ibieiniid - Jun 20, 2013 at 3:12 PM

      can a buy-out get signed by the same team? not up on my CBO rules.

      • ibieiniid - Jun 20, 2013 at 3:14 PM

        more specifically, “can a buy-out get signed by the same team in the same year they’re bought out?” like, if they buy him out, could they just sign him again for less?

      • phillyphanatic77 - Jun 20, 2013 at 3:14 PM

        No, I don’t believe so. It’d be nice to get him right back but I don’t think it’s possible.

      • dku5 - Jun 20, 2013 at 5:08 PM

        Nope, can’t sign him for at least 1 year.

      • killerpgh - Jun 20, 2013 at 7:36 PM

        Can’t re-sign or be traded back to a team the uses buyout for 1 season.

  8. chrisvegas - Jun 20, 2013 at 2:09 PM

    He is been my favorite player for a long time. Sucks to lose him. He wasn’t a big regular season guy, but come playoffs he was as sure of a thing as any player I’ve ever watched. Class act all the way!

  9. chrisvegas - Jun 20, 2013 at 2:09 PM

    He has been my favorite player for a long time. Sucks to lose him. He wasn’t a big regular season guy, but come playoffs he was as sure of a thing as any player I’ve ever watched. Class act all the way!

  10. jeremyroenickdanceparty - Jun 20, 2013 at 2:41 PM

    Sad day for this Flyers fan. Anyone else remember the video of the Briere Bobblehead touring Philly his first season there? That was awesome.

  11. yondo123 - Jun 20, 2013 at 3:04 PM

    Briere – 8 /58 million
    Drury – 5/35 million

    neither lasted

    • ibieiniid - Jun 20, 2013 at 3:15 PM

      what’s your point?

  12. thailer35 - Jun 20, 2013 at 3:22 PM

    Come back to Phoenix where you started Danny!

    • bardown66 - Jun 20, 2013 at 6:06 PM

      So he can have his future up in the air about what city he’ll be playing in? That’s like intentionally building your house over a known sinkhole. Never know what will happen.

  13. girouxed - Jun 20, 2013 at 5:58 PM

    Goodbye Danny

    Thank you

  14. phillyhockey - Jun 20, 2013 at 10:04 PM

    Thanks for the memories! He was always a class act and is Flyers for life. Saw him out a lot in south jersey and he was always with his kids, definitely put family first. Gotta be tough for him to leave. Good luck!

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