Breaking: Philadelphia Flyers Lock Up Young Forward For The Long Term

The Philadelphia Flyers are locking up a key member of their core for the long-term, as they are finalizing an 8-year deal with a $6.2 million AAV for forward Owen Tippett.

Sounds like Owen Tippett's new extension with #Flyers is 8 years x $6.2 million = $49.6 million. #LetsGoFlyers

— Frank Seravalli (@frank_seravalli) January 26, 2024

It’s a massive raise for the former first-rounder, as he’s coming off a two-year, $1.5 million AAV deal. And yet, it can definitely be called a team-friendly deal, with the salary cap about to experience a significant upsurge. Tippett is only turning 25 next month, and that $6.2M number will start to look very reasonable in the coming years.

He also receives a 10-team no-trade clause is years 3 to 6 of the contract.

Tippett has established himself as a major offensive threat with the young Flyers, as the speedy winger has followed up his breakout 27-goal campaign last year with another 18 markers thus far this season, and 30 points in 46 games. 

I remember thinking at the time of the trade that brought Tippett to PHI that there was like zero chance the Torts/Tippett dynamic was going to work. Wrong. This has been a great story about making it work. https://t.co/mlWYbLaNWN

— Jeff Marek (@JeffMarek) January 26, 2024

The former No. 10 overall pick in the NHL Entry Draft (2017) came to the Flyers from the Florida Panthers at the 2021-22 trade deadline, as Philly sent Claude Giroux, Connor Bunnaman, German Rubtsov, and a 2024 fifth-rounder to the Sunshine State in return for Tippett, a 2024 top-10 protected first-round pick and a third-rounder. 

Tippett paid dividends quickly; in his first full season last year with the Flyers, he had 49 points in 77 games (27 goals, 22 assists). 

 Photo: Jeff Curry-USA TODAY Sports