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Philadelphia Flyers signed Owen Tippett (8 Years / $6,200,000 AAV)

Was this a good signing?
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Jan. 26 at 10:44 a.m.
#1
Owen Tippett has signed a new contract with the Philadelphia Flyers.
Standard Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Daniel Brière
Length: 8 years
Value: $49,600,000
Expiry Status: UFA
Cap % Tooltip: 7.43
Signing Team: Logo of the Philadelphia FlyersPhiladelphia Flyers
Signing Date: Jan. 26, 2024
Source: CapFriendly

Owen Tippett signed a 8 year, $49,600,000 contract with the Philadelphia Flyers on Jan. 26, 2024. The contract has a cap hit of $6,200,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2024-25$6,200,000$6,200,000$0$5,000,000$1,000,000$6,000,000$6,000,000
2025-26$6,200,000$6,200,000$0$5,000,000$2,500,000$7,500,000$7,500,000
2026-27M-NTC$6,200,000$6,200,000$0$0$4,500,000$4,500,000$4,500,000
2027-28M-NTC$6,200,000$6,200,000$0$3,000,000$3,500,000$6,500,000$6,500,000
2028-29M-NTC$6,200,000$6,200,000$0$3,000,000$5,000,000$8,000,000$8,000,000
2029-30M-NTC$6,200,000$6,200,000$0$0$7,500,000$7,500,000$7,500,000
2030-31$6,200,000$6,200,000$0$0$5,100,000$5,100,000$5,100,000
2031-32$6,200,000$6,200,000$0$0$4,500,000$4,500,000$4,500,000
TOTAL$49,600,000$49,600,000$0$16,000,000$33,600,000$49,600,000$49,600,000
CLAUSE DETAILS: 2026-27 to 2029-30: 10 team no-trade list
CLAUSE SOURCE: CapFriendly
Jan. 26 at 10:45 a.m.
#2
WentWughes
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Pays him middle 6 pay until he's 33. Seems like a low risk, high reward contract. Tippett gets the term, while Philly gets a fairly cheap Top 6 winger. Great deal.
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Jan. 26 at 10:46 a.m.
#3
Go Jets Go
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This could look like a steal in a couple years!
Steven_Stamkos, KSIxSKULLS, imawesome and 4 others liked this.
Jan. 26 at 10:48 a.m.
#4
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Edited Jan. 26 at 11:00 a.m.
This could be a good deal with the cap rising.
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Jan. 26 at 10:49 a.m.
#5
torontos finest
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new flyers ginger just dropped
capsfan2121, ARMCHAIRGMOFTHEYEAR, Brolekb2b and 1 other person liked this.
Jan. 26 at 10:53 a.m.
#6
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Great contract

Dubas would have given Tippett $15M for 4 years
Jan. 26 at 10:54 a.m.
#7
Bedard23
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This for one season of first line production seems like too much

But I mean, this is kind of where the market lies at this stage of the league
KSIxSKULLS, SoFlaSooner, Aebexz and 4 others liked this.
Jan. 26 at 10:56 a.m.
#8
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Quoting: Roperttos
This could be a good deal with the cap space rising.


You mean the cap. Most teams will still only have cap space due to LTIR.
Jan. 26 at 10:58 a.m.
#9
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Quoting: Brad_Treliving
Great contract

Dubas would have given Tippett $15M for 4 years


And Treliving would have given him $20M.
Aebexz, RawDeal, SydBarrett and 7 others liked this.
Jan. 26 at 11:01 a.m.
#10
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I like it for the Flyers. Tippett has been missed in the lineup the last four games and has showed signs of being a game changer on the ice. Fairly reasonable cap hit for someone who works hard on the ice and can score goals. Fits the culture and what they are trying to build in Philadelphia. Great pickup by the Chuck Fletcher team, great sign by the Daniel Briere team.
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Jan. 26 at 11:09 a.m.
#11
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This seems like a good deal, Tippett has had solid production and with the cap slated to rise, this should age well
Jan. 26 at 11:21 a.m.
#12
Pop Pop
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I guess , seems like a bit much.
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Jan. 26 at 11:28 a.m.
#13
Hawks Fan
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Quoting: IconicHawk
This for one season of first line production seems like too much

But I mean, this is kind of where the market lies at this stage of the league


I’m not sure Hawks fans are in a position to claim “overpay” on anyone given our recent history. 🤣
KSIxSKULLS, Chabotrrorr, yikes and 6 others liked this.
Jan. 26 at 11:35 a.m.
#14
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It would have been an overpayment last season, but not by a huge margin. $5 million would have been about right.

However, his defence has improved A LOT going from an on-ice goal differential of 20 below expected to about 6 or 7 below expected for the same games played.

If he continues to improve, then this will be an absolutely bargain in a few years and even at the end, when he's likely playing worse, it will still be really good.
Jan. 26 at 11:40 a.m.
#15
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Prob a million too much
Jan. 26 at 11:43 a.m.
#16
sen krak fan
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Great contract by the leagues best GM
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Jan. 26 at 11:43 a.m.
#17
Bedard23
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Quoting: Jco5ta5
I’m not sure Hawks fans are in a position to claim “overpay” on anyone given our recent history. 🤣


We’re just trying to reach the cap floor right now, + plus freeing up as much cap space as possible for when we need to extend Bedard in 2026
Jco5ta5 liked this.
Jan. 26 at 11:48 a.m.
#18
Amirov Forever
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I really like this deal, nice to see Tippett get rewarded. Still so underrated
Jan. 26 at 11:56 a.m.
#19
torontos finest
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for 6.2 million i guess you want him to improve up to the 60-70 point range, right?
Jan. 26 at 12:09 p.m.
#20
EklundCelebriniSmith
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A bit premature but locking up a high upside 24y till he’s 32 to basically a 6m cap hit - has more of a chance to be a good deal than bad.
rollie1967 liked this.
Jan. 26 at 12:18 p.m.
#21
DoubleM24
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I think this is a great signing. Tippett is really starting to come into his own now that he is getting over 15 mins per night. If he get's top line deployment he could outperform this contract very quickly.

Dude has averaged over 3 shots per game in his time in Philly; that alone should be enough to get you 30 - 35 goals based off of his shooting percentage. That leaves a ton of upside for the Flyers.

Great signing by Briere.
Jan. 26 at 12:22 p.m.
#22
Leafs going to Leafs
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Tippett's a stud IMO, could be a steal for Philly...
Jan. 26 at 12:41 p.m.
#23
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The deal has risk, but without that you weren't getting this level of upside.

Tippett is 24, so the 8 year term is a benefit in a rising cap environment, not a negative. At $6.2M you don't need Tippett to be a superstar for this deal to be solid, you just need him to be an adequate top 6 winger. Even if he only tops out at what he's shown this year, the deal likely ages well simply with a rising cap, and if he has the ability to take a step, there is a good chance for substantial surplus value.

In terms of team fit, Philly is in the phase where taking a few of these types of risks to lock in some certainty is a good strategy, so all around I like this deal for Philly. I mean there is risk, but that is how you get value, taking measured risks where the upside is just simply bigger than the downside. If you are good at evaluating those, you will gain more value than you lose by a significant margin, and this looks like a smart bet.
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Jan. 26 at 12:54 p.m.
#24
WentWughes
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Quoting: IconicHawk
We’re just trying to reach the cap floor right now, + plus freeing up as much cap space as possible for when we need to extend Bedard in 2026


Then you sign new guys to 1 year deals and trade them at the TD. Keep recycling until you don't have too. Instead KD signs overpaid depth players to multi-year deals and it achieves nothing.
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Jan. 26 at 1:05 p.m.
#25
and proud of it
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Great signing for Philly!
 
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