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Jeff Carter signs contract extension with the Flyers for 11 years, $58 million

Tom Panaccio of CSNPhilly: The Philadelphia Flyers and Jeff Carter agreed today on an 11 year contract worth $58 million. That is an average salary cap hit of $5.2727 million.

A press conference is scheduled for 6 pm.

The Flyers now have $1.73 million in projected cap space, and they still hope to Ville Leino re-signed. They will still need to trade away some salary by the start of next season.

Salary breakdown from CapGeek:

2011-12 -  $6,000,000

2012-13 – $6,250,000

2013-14 – $6,500,000

2014-15 – $6,750,000

2015-16 – $7,000,000

2016-17 – $7,000,000

2017-18 – $6,500,000

2018-19 – $5,000,000

2019-20 – $3,000,000

2020-21 – $2,000,000

2021-22 – $2,000,000

One Comment

  1. JoonasJ86

    November 14, 2010 at 3:06 am

    Very nice deal in my opinion! Eventhough i thought for a long time that the Flyers were shopping him?