Flyers place David Schlemko on unconditional waivers; will buy out contract
The move will save $125K in cap space for 2019-20
Yet another move has happened in this frantically busy offseason:
The #Flyers have placed defenseman David Schlemko on unconditional waivers for the purpose of terminating his contract.— Philadelphia Flyers (@NHLFlyers) June 30, 2019
In a move that comes unexpectedly, but with little shock, the Flyers will buyout David Schlemko’s $2.1 million dollar contract instead of burying him in the AHL. The move means the Flyers will only see $900K of his cap hit added to their total cap space next year, and will save them $125K in cap room.
Schlemko was never going to figure into the Flyers’ roster this season barring injury, and the move would have been smart from a roster perspective, though economically the Flyers save more cap room by simply playing him in the AHL. It also potentially indicates that Chuck Fletcher is gearing up for one final move before the roster is set to materialize. Together with the Ryan Hartman trade, taking into account his projected contract (via Evolving Wild), the Flyers have freed up $1.6 million more in cap space. This suggests to me at least that there is one last move to be done, especially with the third line right wing spot still open. It appears evident that this is what Fletcher is targeting as well, and would mean that prospects like Morgan Frost and Joel Farabee will be starting their professional careers with the Phantoms.