The Philadelphia Flyers have signed Mark Streit to as four-year/$21 million contract .

Philadelphia used their compliance buyouts on Danny Briere and Ilya Bryzgalov to make this deal possible. Streit’s a skilled offensive defenseman and veteran leader that should continue to excel in Philadelphia, at least in the short term. Given that he’ll turn 36 in December, there’s a reasonable chance his cap hit will look excessive towards the end of this deal.


Subscribe to NHL Trade Report updates on Facebook, on Twitter, by Email, or RSS.