Owen Tippett, Flyers Agree to 8-Year, $49.6M Contract Extension

The Philadelphia Flyers and winger Owen Tippett agreed to an eight-year, $49.6 million contract extension Friday.

Elliotte Friedman of Sportsnet first reported the deal.

The 24-year-old Tippett is in the midst of his fifth NHL season, and he is trending toward a career year with 18 goals and 12 assists for 30 points through 46 games.

Originally the 10th-overall pick by the Florida Panthers in the 2017 NHL draft, Tippett was traded to the Flyers in 2022 as part of the deal that sent Flyers legend Claude Giroux to Florida.

Tippett had just 33 points in 94 games with the Panthers, but he was blossomed since going to Philadelphia.

Last season marked Tippett's breakout campaign, as he finished with a career-high 27 goals and 22 assists for 49 points, making him one of the few bright spots on a Flyers team that had the third-fewest points in the Eastern Conference.

The Flyers have been one of the NHL's most pleasant surprises so far this season, as their 56 points are good for third in the Metropolitan Division, meaning they currently occupy a playoff spot.

Tippett has been a major contributing factor to the Flyers' success, as the 6'1", 210-pound forward is trending toward his first 30-goal season.

He may fall short of that milestone, though, since he suffered a lower-body injury last week and was placed on injured reserve, meaning he is not eligible to return until Feb. 6.

Still, Tippett has earned a new contract, and he will receive a significant pay bump from the $1.5 million he is making this season.

Tippett would have become a restricted free agent at the end of the season, but by signing him to an extension now, the Flyers avoided having to negotiate during the offseason and can focus on other players and potential free-agent signings.

With young players like Tippett, Joel Farabee, Morgan Frost, Jamie Drysdale and Samuel Ersson now signed for multiple seasons, the Flyers have a chance to be competitive for a long time to come.