Pronger inks seven-year extension with Flyers

According to Sportsnet.ca, 34-year old defenseman Chris Pronger has signed a seven-year, $35 million extension with the Flyers, likely keeping him in orange and black for the rest of his career.  The contract is front loaded for a cap hit of close to $5 million per season.  He was also given a no movement clause.

“We are pleased to have one of the NHL’s premier defensemen in our organization and under contract long term,” said Holmgren in the official press release. ”When we made the trade for Chris, it was our intention to get him signed to an extension and we are glad we could come to this agreement today.”

The yearly amount works out to $7.6 million the first two years,  $7.2 million the third and $7 million the fourth, $5 million in the fifth, with the final two years at $525 k each.

“I am very excited to be able to retire a Philadelphia Flyer and I am looking forward to many years with the Flyers logo on my chest,” said Pronger after the signing. “I think both parties wanted to get it handled in a timely fashion in order to move on and get things set up for future years down the line so that the Flyers could make moves either this year or next year, and know that they had me in place.”

The Flyers acquired Pronger at the 2009 NHL entry draft for Joffrey Lupul, Luca Sbisa, two first-round draft picks and a conditional third-round pick that will go to Anaheim if the Flyers win the cup with the 6’6 blue liner.

Pronger will not likely finish out the contract, which was extended to seven years to lower the annual cap hit.  The cap hit is an average of all the yearly payments on the contract.

Advertisements

Leave a comment

Filed under 2009-10 season, Free Agents, Offseason

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s