Philadelphia Flyers and Matt Read Agree to Contract Extension

The Philadelphia Flyers and forward Matt Read have agreed to a four year, $14.5 million contract that has a cap hit of $3.625 million per season.

The new deal won't start until the 2014-15 season, since Read is in his last year of a three year, $2.7 million contract.  The cap hit for this season remains at $900,000.

The Flyers signed the undrafted right winger, out of Bemidji State University, in 2011.  He played 11 games for the Adirondack Phantoms, the Flyers AHL affiliate, that same season.  

In his rookie season, Read played in 79 games tallying 24 goals, 23 assists and 47 points.  He also played in 11 playoff games scoring three goals and setting up two others for five total points.

Read has proved to be a versatile player in his first two seasons with the Flyers.  He usually plays the point on one of the power play units, gets significant time on the penalty kill, and is trusted to be out on the ice during the last minute of a one goal game.

The right winger can both score and setup his teammates.  He works hard every night and can play on any line, whether it be the top line or the third line.