In a subsequent deal, the Lightning flipped Streit to the ... Pittsburgh Penguins.
Forward Valtteri Filppula is coming back to Philadelphia. The Flyers also get Tampa’s fourth round pick in 2017 and a conditional seventh round pick in 2017. Frank Seravalli of TSN reports that the Flyers are eating a portion of Streit’s salary, which doesn’t really matter since it’s done in 20 games.
Filppula has one year left on his deal at $5 million against the cap, and Tampa has been trying to move him for other cap reasons.
One major implication here is that since Filppula has a no-movement clause in his contract, the Flyers will have to protect him in the upcoming expansion draft. (CapFriendly reports that this is indeed true.) That will take a spot away from another player, leaving more value up for grabs for the Vegas Golden Knights.
Locks for PHI F protection now: Giroux, Voracek, Simmonds, Schenn, Couturier, Filppula. One spot left for 12/21/25/24/78.— Charlie O'Connor (@BSH_Charlie) March 1, 2017
Filppula signed his big five-year, $25 million deal with the Lightning back in 2013, and he lived up to it in Year 1 with a 25 goal, 33 assist season. He’s come nowhere close to those numbers since, putting up 12 goals and 36 assists the following season, eight goals in 2015-16 and just seven goals this year.
In other words, his production has fallen off a cliff. Here’s what one advanced stats analyst says about his game:
Valtteri Filppula is a third-liner who has in recent years been given many too many minutes. pic.twitter.com/mZmuHr3R8V— Micah Blake McCurdy (@IneffectiveMath) March 1, 2017
It’s always possible that the Flyers will buy out the contract in the summer. That would leave them with a $1.667 million cap hit for the next two seasons instead of the $5 million hit that lasts for just next season. Could be worth it.
We will update this post with more information.