Mark Streit's new four-year contract with Philadelphia will reportedly come with a $5.25 million cap hit.
Mark Streit has reportedly signed a four-year deal with the Philadelphia Flyers.
Mark Streit is excited that Philadelphia acquired him and he believes that a new deal can be reached between his representatives and the Flyers.
Philadelphia GM Paul Holmgren is hopeful that the Flyers can sign Mark Streit, who was recently acquired from the New York Islanders.
Mark Streit has been acquired by the Philadelphia Flyers.
According to a source, the Islanders offered Mark Streit a three-year deal worth around $5 million a season, but the team captain turned it down.
Mark Streit will not return to the New York Islanders and will become a free agent, sources tell Newsday's Arthur Staple.
Mark Streit, who is eligible to become an unrestricted free agent, wants to stay on Long Island.
Mark Streit potted two goals and added an assist in a 6-4 win for the New York Islanders in Game 4 of their quarterfinal series versus Pittsburgh.
Mark Streit produced a goal and an assist in the Islanders' 5-2 victory against Florida Tuesday.
Mark Streit and the Islanders are working on a contract extension, but they are reportedly still apart on the value of the deal.
Mark Streit is unlikely to be traded despite failing to agree to terms on a contract extension with the New York Islanders, Newsday's Arthur Staple reports.
While a source within the New York Islanders shot down Frans Nielsen being on the block, the same might not be true about Mark Streit.
Islanders general manager Garth Snow is "optimistic" that he'll be able to re-sign Mark Streit, according to Sportsnet's John Shannon.