The Philadelphia Flyers have announced that they may be shopping for out the final two years of Daniel Briere’s settlement.
The circulate will shave $6.5 million off the Flyers’ income cap. Philadelphia had one of the NHL’s maximum highly-priced payrolls final season, and has been compelled right into a function to shed income with a view to get beneath subsequent season’s cap, as a way to drop from $70.2 million to $64.3 million.
You are reading: Daniel Briere to be Bought Out
Under NHL policies, teams have the option of amnesty buyouts to terminate contracts earlier than the begin of the 2014-15 season.
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The Briere being sold out he now will become a free agent and there might be as many as 15 groups interested in signing him. Briere is looking for a 2 12 months settlement.