The Philadelphia Flyers are hovering right around the salary cap limit. The cap is set at $59.4 million. The Flyers currently are sitting at $2.3 million below the cap. Sounds like a lot of space, right? Not really, especially if they want to add another piece before the deadline.
There are a number of reasons that the Flyers would want to add to their cap space. Even with the cap being projected to go up next year, the Flyers could still want some extra room.
Reports have surfaced that the Flyers asked Ville Leino if he would be willing to wait on a contract extension. They needed him to wait until the offseason when the cap goes up so that they could sign him, due to the tagging rule.
The tagging rule is simply this: A team can only spend up to this year's cap for next year. This means that when the Flyers added Kris Versteeg, they did not have the cap space for next year (based on this year's cap) to sign Leino to an extension.
The Flyers may wish to clear some cap space so that they could activate Ian Laperriere off of long-term injured reserve. This way they don't risk any rollover money that would count against next year's cap.
They could also choose to add more space so that they can bring Matt Walker back up for insurance.
Whatever the case may be, let's take a look at five moves the Flyers could make to get more cap space.