Flyers GM Holmgren gets Contract Extension

According to Anthony SanFilippo of the Delco Times, the contract of Flyers general manager Paul Holmgren has been extended for three years. The deal extends Holmgren through the 2013-14 season. As per team policy, the financial terms were not released.

Former player and coach of the Flyers, Holmgren, 55,  took reign of the Orange and Black in 2006-07, after the resignation of long-time GM Bob Clarke. The worst team in the league that season, Holmgren’s tinkering and often criticized spend-to-the-cap style, pushed the Flyers to the playoffs for the next three years, including two Eastern Conference Finals appearances and a Stanley Cup Finals shot.

Holmgren made his biggest splash in 2009 by acquiring defenseman Chris Pronger from the Anaheim Ducks at the NHL Entry Draft. Holmgren, who, like his predecessor, doesn’t shy away from dishing prospects or draft picks to get the player he wants, gave away two first-round picks and 2008 first-round selection Luca Sbisa, to land Pronger.  Although Holmgren tenacity has taken the Flyers to the top of the Eastern Conference, it has also riddled their AHL affiliate, the Adirondack Phantoms, with issues of quality. The Flyers’ farm system ranks as one of the lowest in the NHL.

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