Flyers Extend Qualifying Offers, Trade for Newbury

The Flyers have extended qualifying offers to four of their six restricted free agents. (Photos of Gustafsson, Lauridsen, and Wellwood by Bruce Bennett/Getty Images; Photo of Manning by Gregg Forwerck/NHLI via Getty Images)

The Flyers have extended qualifying offers to four of their six restricted free agents. (Photos of Gustafsson, Lauridsen, and Wellwood by Bruce Bennett/Getty Images; Photo of Manning by Gregg Forwerck/NHLI via Getty Images)

By: Tyler J. Altemose (@TJamesAltemose)

The Philadelphia Flyers have sent out qualifying offers to four of their six restricted free agents, this according to Dave Isaac of the Courier-Post. Defensemen Erik Gustafsson, Brandon Manning, Oliver Lauridsen, and left-wing Eric Wellwood have received qualifying offers. Defenseman Blake Kessel and center Mitch Wahl did not—and will not—receive a qualifying offer and thus will become unrestricted free agents effective 12:00p.m. New York time on 5 July.

Qualifying offers come in two forms—one-way and two-way. One-way qualifying offers include a single salary to be paid regardless of whether the player plays in the NHL or AHL. Two-way qualifying offers include two salaries, one to be paid if the player plays in the NHL and another to be paid if the player plays in the AHL.

The figures below list the qualifying offers extended today by the Flyers:

  • (D) Erik Gustafsson — $850,500
  • (D) Brandon Manning — $715,000
  • (D) Oliver Lauridsen — $643,500
  • (LW) Eric Wellwood — $594,000

Teams must extend one-way qualifying offers if players have met the following requirements:

  • Played in 180 NHL games over the course of the past three seasons
  • Played at least 60 NHL games in the 2012-13 season
  • Not been put through waivers during the previous season’s waiver period

That does not mean that teams cannot extend one-way qualifying offers to players if they have not met those requirements. Therefore, there is a degree of ambiguity when it comes to calculating the off-season averaged club salary because qualifying offers are part of that formula. Two-way qualifying offers only count as a proportion of days spent in the NHL during the previous season and are reflective of the NHL-level salary of the qualifying offer.

Qualifying offers are based upon a player’s 2012-13 base salary, which means bonuses of any sort—including signing bonuses—are not part of the calculation. A player earning $660,000 or less is entitled to a ten percent raise. A player earning greater than $660,000 but less than $1,000,000 is entitled to a five percent raise. A player earning more than $1,000,000 in 2012-13 is not entitled to a raise but must be offered 100% of their previous salary. All qualifying offers are for a term of one year.

All teams have until Tuesday (2 July) at 5:00p.m. New York time to file their qualifying offers. Those offers will not be open to acceptance until 12:00pm New York time on Friday, 5 July.

The Flyers will have between $464,132 and $2,456,374 in cap space for the offseason—which lasts until the last day of training camp—depending on whether the qualifying offers are one way or two-way. That figure increases to between $6,894,132 and $8,886,374 when the ten percent overage allowance is added to that figure. More space will be freed up once the qualifying offers are signed or expire at 5:00p.m. New York time on 19 July.

You can read the entirety of Dave Isaac’s article for the Courier-Post here.

The Philadelphia Flyers have acquired 5-11, 205-lb C/LW Kris Newbury from the New York Rangers in exchange for D Danny Syvret, according to general manager Paul Holmgren.

Newbury, 31 (2/19/1982), was acquired by the Rangers on March 3, 2010 and since then has split time between the Rangers and their American Hockey League affiliate, the Hartford Wolf Pack.  He has appeared in 24 games for New York over the past three seasons, recording two assists and 68 penalty minutes.  In 222 AHL games since joining the Rangers organization, Newbury has posted 66 goals and 139 assists for 205 points, along with 457 PIM.

In 72 career NHL games with the Rangers, Detroit, and Toronto, Newbury has four goals and five assists for nine points, along with 132 PIM.  He has appeared in 599 career AHL games, gathering 439 points on 142 goals and 297 assists to go along with 1,332 penalty minutes.  He was drafted by San Jose in the fifth round (139th overall) of the 2002 NHL Entry Draft.

Syvret, 28 (6/13/1985), recorded six goals and 34 assists for 40 points in 76 games last season for the Flyers’ American Hockey League affiliate, the Adirondack Phantoms.   He has appeared in 483 AHL games in his career, scoring 46 goals and adding 206 assists for 252 points along with 236 PIM.   In 59 career NHL appearances with the Flyers, Anaheim and Edmonton, Syvret has posted three goals and four assists for seven points, including his first career NHL goal in the 2010 NHL Winter Classic vs. Boston.   He also appeared in 10 playoff games for the Flyers in 2011.

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