Flyers sign Tippett to 8-year, $49.6M extension

The Philadelphia Flyers signed forward Owen Tippett to an eight-year contract extension carrying an average annual value of $6.2 million, the team announced Friday.

Tippett was scheduled for restricted free agency this summer. The 24-year-old has recorded 30 points in 46 games this season and registered a career-high 27 goals in 2022-23.

The Flyers acquired Tippett and a pair of draft picks from the Florida Panthers in 2022 in a trade that sent former captain Claude Giroux the other way. Tippett signed a two-year, $3-million contract the following summer and has blossomed into an effective top-six forward under head coach John Tortorella.

Florida drafted Tippett 10th overall in 2017.

The Flyers weren't done there Friday, as they also inked Ryan Poehling to a two-year extension with a $1.9-million average annual value, according to Daily Faceoff's Frank Seravalli. The 25-year-old forward joined Philly as a free agent this offseason and has registered five goals and nine assists in 44 games for the team.

Tippett will be the second-highest-paid forward on Philadelphia's books when his new deal kicks in, trailing Sean Couturier's $7.75-million cap hit. With the two new contracts on the books, Philadelphia is projected to have approximately $8.6 million in available money for next season, according to Cap Friendly.

Philadelphia has been one of the league's biggest surprises this season, currently sitting third in the Metropolitan Division with 56 points.

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