Flyers officially buyout DeAngelo, add to their dead cap.
Eric Hartline/USA Today Sports  

Flyers officially buyout DeAngelo, add to their dead cap.

The legacy of general manager Chuck Fletcher will not be one that fans in Philadelphia look back upon fondly.

Jonathan Larivee

The Philadelphia Flyers made a move today that everyone knew was coming, but that doesn't make it any less ugly.

On Friday, the Flyers placed veteran defenseman Tony DeAngelo on waivers for the purpose of buying out his contract after a number of failed attempts to trade him. On Saturday, National Hockey League insider Elliotte Friedman revealed that DeAngelo had cleared the waiver process and had gone unclaimed, giving the Flyers the greenlight to buy him out of his contract.

The Flyers will now take on $1.666,667 in dead cap space both for next season as well as the 2024-25 season as a result of DeAngelo's buyout, making the 2 year deal worth $10 million that he was given by former Flyers general manager Chuck Fletcher seem rather questionable in hindsight.

At least in the short term, this is likely to be Chuck Fletcher's lasting legacy in the Philadelphia area. Not only did he also sign the aforementioned Tony DeAngelo, but he was also behind the signing of Kevin Hayes, the signing of Oskar Lindblom and the trade for Ryan Ellis, all of which have resulted in considerable dead cap space for current Flyers general manager Daniel Briere to deal with.

The Flyers will now have $12.15 million in dead cap space for the upcoming 2023-24 season, including today's buyout, $3.57 million in dead cap space from the salary retained on Kevin Hayes' contract, Ryan Ellis' $6.25 million on long term injured reserve and the buyout of Oskar Lindblom coming in at $666,667 in dead cap space.