Found June 25, 2013 on Fox Sports:
Philadelphia Flyers GM Paul Holmgren has announced on the team's official website that the Flyers will buyout the contract of goalie Ilya Bryzgalov. "I met with Ilya this morning and informed him that we are going to exercise a compliance buyout of his contract," Holmgren said. "This was a very difficult business decision to make for us and we want to thank Ilya for his time here and wish him all the best moving forward." The move comes on the heels of the Flyers buying out the final two years of forward Danny Briere's contract last week, a move that will shave $6.5 million off their salary cap. Briere will become an unrestricted free agent as part of Philadelphia's offseason shake-up of its high-priced roster that missed the playoffs last season. Bryzgalov was originally signed to a nine-year, $51 million contract before the 2011-12 season. According to TSN, the team will have to pay him two-thirds of the balance left on that contract, or $23 million. Under NHL rules, teams have the option of two amnesty buyouts to terminate contracts before the start of the 2014-15 season. The Associated Press contributed to this report.

Ilya Bryzgalov’s Agent Says Flyers’ Defensive System Is ‘Terrible for Goaltenders’

For all the bizarre things that Ilya Bryzgalov has said over the years, he seemed to take the Flyers’ buyout of his contract about as well as anyone could have expected. The netminder even released a statement through his agent thanking the Philadelphia organization for the “faith” they showed in Bryzgalov when first signing him to the seven-year deal. However, it seems that...

Bye-Bye Bryz: Flyers use amnesty on Bryzgalov

With the Stanley Cup handed over to the Chicago Blackhawks, the clock was ticking on buy-out clauses taking effect. Danny Briere was the first of the Flyers choices. There was one other name that was a possibility. Everyone knew it was more than a consideration. It was, in fact, a very realistic option. But hardly anybody truly expected it to go down in this fashion, especially...

Flyers buying out rest of Bryzgalov's contract

The Philadelphia Flyers are buying out the remainder of goalie Ilya Bryzgalov's contract, saving the team nearly $6 million under the salary cap for each of the next seven years. Bryzgalov was two seasons into a $51 million, nine-year contract he signed in 2011. General manager Paul Holmgren announced the move Tuesday. Last week, the Flyers exercised the first of their two compliance...

Ex-Flyer Ilya Bryzgalov wouldn't talk to beat writer Randy Miller so here's some stuff outta him

The Flyers bought out Ilya Bryzgalov's contract today and he didn't want to talk about it. So Randy Miller, Flyers beat writer for the South Jersey Courier-Post, tweeted mean nasty things about him.... Full story at Bob's Blitz ~

Ilya Bryzgalov Buyout Made Official

Categories: BREAKING NEWS Flyers News NHLTags: Ilya BryzgalovRay EmeryThe Philadelphia Flyers announced Tuesday afternoon that the remaining seven years on goaltender Ilya Bryzgalov’s contract will be bought out. The official statement from general manager Paul Holmgren: I met with Ilya this morning and informed him that we are going to exercise a compliance buyout of his...

Richard Cloutier: Bryzgalov to the Oilers?

Worst idea in human history. Ilya Bryzgalov's agent Ritch Winter was on lunchtime radio show Oilers Now with Bob Stauffer. He said Brzy would be open to signing in Edmonton. Really? Wasn't he trashing the place making jokes a few years ago? This isn't about money. $1mil per season...$2mil per season...Who cares? The Oilers have been in the process of cleaning...

Ilya Bryzgalov's buyout gives Philadelphia press chance to bash

Much has been said about the Philadelphia press by goaltender Ilya Bryzgalov and their treatment of him. Bryz even got in on the act after the end of the Flyers' season, calling them out on their meanness. You guys just here to blame someone. You never look yourselves in the mirror, eh? You’re always good. You never make the mistakes. Your articles are always perfect...

Flyers Buy Out Ilya Bryzgalov, Paul Holmgren Calls Move ‘Very Difficult Business Decision’

The Flyers surprised no one Tuesday with a roster move that just about everybody saw coming. Philadelphia has wasted no time using its compliance buyouts, and the club announced Tuesday that it has bought out the contract of goaltender Ilya Bryzgalov. This is the second of two compliance buyouts for the Flyers, the first of which was used on forward Daniel Briere. “I met with Ilya...

Tim Panaccio: Holmgren Talks of Bryzgalov Buyout

Everyone has been waiting for this moment since the season ended: buying out Ilya Bryzgalov. One of the things Flyers management has been saying since April was that the back=and-forth argument on Bryzgalov was just that - back and forth. Some in the organization wanted him retained. Afterall, this was club chairman Ed Snider's goalie, and you can't blame what happened...

Flyers Buyout Mr. Universe, Ilya Bryzgalov by   Steven Ellis

Philadelphia Flyers general manager Paul Holmgren announced Tuesday that the team will buy out the remainder of goalie Ilya Bryzgalov’s contract. Well, there’s the end of an era. No more fantastic Bryzgalov vs Philly media moments. The Russian netminder had signed a nine-year, $51 million contract ahead of the 2011-12 season after an impressive stint with the Phoenix Coyotes...

Is Paul Holmgren the Man for the Job?

It is a day of celebration in the City of Brotherly Love. Sure, the Chicago Blackhawks are Stanley Cup Champions and for the 38th consecutive year there will not be an orange and black parade down Broad Street. But the Philadelphia Flyers have given their fans a reason to smile, announcing the organization’s intentions to [...]

Ed Snider On The Bryzgalov Buyout

via Anthony SanFillippo of the Flyers website, A day after the Flyers announced that they are buying out the remaining seven years of goaltender Ilya Bryzgalov's contract, Chairman Ed Snider gave a brief statement about the Flyers uses of the amnesty exception. "I fully support Paul Holmgren in his decision to use our final compliance buyout for Ilya Bryzgalov...

Flyers Buy-Out Bryzgalov

During the lunch hour today, the Philadelphia Flyers released the following statement indicating that controversial goaltender Ilya Bryzgalov has, in fact, had his contact bought-out.  From General Manager Paul Holmgren: “I met with Ilya this morning and informed him that we are going to exercise a compliance buy out of his contract. This was a [...]

The Ilya Bryzgalov Era: Why it started, why it ended, and what we learned

Photo by Len Redkoles/NHLI via Getty Images By Charlie O’Connor (@THG_Charlie) Our story begins with an overreaction. Not the overreaction that would occur on June 23, 2011, when the Philadelphia Flyers would sign goaltender Ilya Bryzgalov to a nine year, $51 million contract to be their new starting goaltender. No, this overreaction would occur over two months earlier on April...

Bill Meltzer: Meltzer's Musings: Luongo, Cap Space

Flyers Cap Space and Luongo As soon as the Flyers file compliance buyout paperwork today to eliminate the contracts of Danny Briere and Ilya Bryzgalov from their salary cap figure, the club can officially announce the signing of Mark Streit. At that point, the team will have $4,181,478 of open cap space. This does not include the team's ability to use an in-season long-term...
Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.