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.

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