Latest news with #TysonFoerster
CBS News
2 days ago
- Business
- CBS News
Philadelphia Flyers re-sign Noah Cates to 4-year contract extension after career season
The Philadelphia Flyers have re-signed center Noah Cates to a four-year contract with a $4 million annual average value, general manager Danny Briere announced Tuesday. Cates is the latest in a string of restricted free agents the Flyers have reupped. Cates, who was scheduled to become an RFA on July 1, is coming off a career-high 16-goal season in which he established himself as one of the club's leaders. The 26-year-old forward finished the 2024-25 season with 37 points and averaged 15:53 of ice time with a plus-3 rating, which was second on the Flyers. Cates has 102 points in 235 career games since being drafted in the fifth round of the 2017 NHL draft. Cates is the third RFA-to-be that the Flyers have re-signed this offseason. Last week, the orange and black re-signed Tyson Foerster to a two-year, $7.5 million extension and defenseman Helge Grans to a two-year, $1.575 million deal. Cam York, a 2019 first-round draft pick, forward Jakob Pelletier and minor-league forwards Zayde Wisdom and Elliot Desnoyers are the team's remaining RFAs. Last month, the Flyers hired Rick Tocchet as their new head coach. When introducing Tocchet, a member of the team's Hall of Fame, Briere said he viewed the 61-year-old as their "long-term solution." By signing Cates to a four-year deal rather than a bridge deal, it's safe to say the Flyers' front office views the center as part of the rebuild's finished product. The Flyers have 11 selections, including seven in the first two rounds, in the 2025 NHL draft coming up at the end of the month.
Reuters
6 days ago
- Business
- Reuters
Flyers F Tyson Foerster signs 2-year extension
May 30 - Philadelphia Flyers forward Tyson Foerster signed a two-year contract extension worth $7.5 million. The deal was announced on Thursday by the Flyers. Foerster, 23, will be a restricted free agent again when the contract extension expires in 2027. He set career highs across the board with 43 points (25 goals, 18 assists) in 81 games last season, his second full campaign with Philadelphia. "There's a few guys that I think there's a whole other level to their game that hopefully we can unlock. For sure, (Foerster) is one of them. I'm really looking forward to working with him," new Flyers coach Rick Tocchet said. Foerster has 83 points (48 goals, 35 assists) in 164 career games since being selected by Philadelphia with the 23rd overall pick of the 2020 NHL Draft. He made his NHL debut against the Carolina Hurricanes on March 9, 2023. --Field Level Media
Yahoo
6 days ago
- Business
- Yahoo
Flyers Offseason: Grading the Tyson Foerster Contract Extension
Flyers winger Tyson Foerster exploded for six goals in his final five games of the season, crossing the 20-goal threshold for the second time. (Photo: Eric Bolte, Imagn Images) The Philadelphia Flyers signed budding winger Tyson Foerster to a highly anticipated contract extension Thursday afternoon, but the details tell the bigger story. The contract is a temporary solution to a complex situation, but there are benefits, too. Advertisement Foerster, 23, put pen to paper on a two-year, $7.5 million extension ($3.75 million AAV), signing a much shorter contract than what most were expecting. For reference, hockey analytics mavens Evolving-Hockey gave Foerster a 27% chance of signing an eight-year extension, with a predicted annual cap hit of $6.94 million in that instance. A two-year deal for Foerster had the second-highest odds, according to Evolving-Hockey's model, at 23%. They predicted Foerster to pull in a $4.161 million cap hit in this scenario, so the Flyers, by most accounts, got a great deal on their former-first round pick's bridge contract. One underrated aspect of Foerster's new Flyers contract is the fact that he will still be under team control on its expiry; Foerster will still be a restricted free agent in 2027 at 25 years old. Advertisement By getting him on a short-term bridge deal, the Flyers save themselves some cap space for the potential to make a bigger move in the next two seasons and don't lose any leverage when the time comes to negotiate another contract. Tyson Foerster's 2024-25 player card, courtesy of Evolving-Hockey. And that time could be as soon as July 1, 2026, when Foerster will become eligible to sign a contract extension with the Flyers. It's not dissimilar to what Cam York just went through with the Flyers as a pending RFA himself. Additionally, Foerster's new deal does not come with any form of trade protection, meaning that, now through the end of the contract, the Flyers control the 23-year-old's fate. Advertisement This could become especially prudent if a season passes and the two sides are unable to come to an agreement on a longer-term contract, or if Foerster struggles massively and is no longer deemed a fit for the future of the Flyers. The 6-foot-2 winger's UFA year, according to PuckPedia, is 2029, so the Flyers could have pushed for more team control, but 2027 will have to suffice. It's an amicable solution for two sides who clearly wanted to get a deal done, and so Foerster will remain with the Flyers. Grade: B+ This piece of business by the Flyers was as close to perfect as can be. Personally, a longer-term deal would have been preferable, especially considering that having some extra years of team control was, apparently, a factor of some kind. Advertisement With Foerster's contract becoming official, the Flyers now have a shade under $23 million to operate with, needing only to re-sign York, Noah Cates, Jakob Pelletier, and fringe players like Olle Lycksell and Helge Grans. Last year, the contracts given out to Travis Konecny, Ivan Fedotov, and Owen Tippett raised some eyebrows, but the Foerster contract is a clear win for a Flyers organization that desperately needs one.
CBS News
7 days ago
- Business
- CBS News
Philadelphia Flyers re-sign Tyson Foerster to a 2-year, $7.5 million contract
The Philadelphia Flyers have signed forward Tyson Foerster to a two-year contract worth $7.5 million. General manager Daniel Briere announced the extension Thursday. Foerster will count $3.75 million annually against the salary cap in the 2025-26 and 2026-27 NHL seasons. Foerster, 23, set career highs with 25 goals, 18 assists and 43 points this past season. He was set to be a restricted free agent July 1 and will be again after this deal expires. The Flyers' first-round pick in the 2020 draft at No. 23 overall, Foerster has 83 points in 166 career games in the league, all with Philadelphia. This spring, he represented Canada at the world hockey championships.
Washington Post
7 days ago
- Business
- Washington Post
Flyers re-sign Tyson Foerster to a 2-year, $7.5 million contract
PHILADELPHIA — The Philadelphia Flyers have signed forward Tyson Foerster to a two-year contract worth $7.5 million. General manager Daniel Briere announced the extension Thursday. Foerster will count $3.75 million annually against the salary cap in the 2025-26 and 2026-27 NHL seasons. Foerster, 23, set career highs with 25 goals, 18 assists and 43 points this past season. He was set to be a restricted free agent July 1 and will be again after this deal expires.
