Kukla's Korner Hockey

Kukla's Korner Hockey

The Philadelphia Flyers Cleared Some Cap Space

01/07/2016 at 9:47am EST

from Dave Isaac of the Courier-Post,

Ron Hextall’s theory as it relates to the NHL trade market is the same as it relates to bringing up his many promising young defense prospects.

“Patience,” he said calmly Wednesday afternoon, “is a virtue.”

By early evening, the virtue arrived.

The Flyers’ general manager who desperately craved salary-cap space got it by trading defenseman Luke Schenn and embattled center Vinny Lecavalier to the Los Angeles Kings, clearing upwards of $4 million in salary cap space in the process.

“This had been going on for a while, probably a good three weeks here,” Hextall said on a conference call with reporters Wednesday night. “I lose track of time, but (Kings general manager Dean Lombardi) and I kept in regular touch. He’s always had a big interest in Luke Schenn. We talked about that way back. It’s been going on for a while.”

The Flyers are retaining half of Schenn’s $3.6 million salary this season — he is in the last year of his contract — and half of Lecavalier’s $4.5 million cap hit. Lecavalier’s agent, Kent Hughes, reportedly said that his client, who turns 36 in April, will retire at the end of the season. He will walk away from the remaining two years of his contract and there will be no salary-cap implications.

continued

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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