The Philadelphia Flyers have signed another one of their young players to an extension, reportedly agreeing with Braydon Coburn to a new four-year deal worth $18 million. This according to Tim Panaccio of CSN Philadelphia.
So if those figures are facts, that would be $4.5 million annually to Coburn, a solid young defenseman. He logs a lot of minutes and really has potential to be a shutdown defenseman for many years.
Offensively speaking, he does not produce much in the way of points at all. Now in his seventh season in the league, the 26-year-old has 26 career goals. This season his only points to speak of are three assists.
It sort of makes you recoil at first, doesn't it? It seems to be along the lines of GM Paul Holmgren's contract with James van Riemsdyk he signed a short while ago, giving the up-and-comer a six-year contract for $25.5 million. It seemed -- and still does -- like an awfully generous contract from Holmgren to his player. Compared to similar players in age like Logan Couture, whose most recent deal pays him $2.875 million per season.
But considering that Coburn was making $3.2 million annually on his existing deal and was scheduled to be an unrestricted free agent this summer, you see perhaps where Holmgren was coming from. Obviously he had to up the ante a touch if he wanted to lock Coburn in and take away the player's ability to test the open market.
Then you realize when you start to play the contemporary game with Coburn that a guy like Keith Ballard is making $4.2 million with the Canucks and Mike Komisarek $4.5 million with the Maple Leafs. It makes the matter just that much easier to digest.
Really, the rate for shutdown defensemen is going up by the year. Of course, you could probably say that about every position except the enforcer, but the point stands. Guys who are strong in their own end are valued players, Coburn would have likely received a contract similar to this in salary as a free agent.
Of course it means that Philly will again be working under a cap crunch this offseason, especially if the cap comes down in the next CBA.For more hockey news, rumors and analysis, follow @EyeOnHockey and @BrianStubitsNHL on Twitter.