Islanders trade Mark Streit to the Flyers for 2014 draft pick

The Philadelphia Flyers have acquired the rights to pending unrestricted free agent defesneman Mark Streit from the New York Islanders for a 2014 4th round pick and winger Shane Harper.

Streit was originally drafted by the Montreal Canadiens in 2004, 262nd overall in the 9th round. Streit carries a cap hit of $4.1 million last season.

The Flyers now have exclusive negotiating rights with Streit until July 5th.

Harper was undrafted, signing a free agent deal with the Flyers in 2010.

Bob McKenzie: Have to believe that the Flyers are looking at compliance buyouts for Ilya Bryzgalov and Daniel Briere to free up cap space.

Bob McKenzie: Streit will be signing a 35+ deal, so even if he retires, his cap number will count against the cap. He will likely be looking for a long-term deal in the $5 million range. McKenzie corrects himself, a deal in the $4 million to $5 million range.

Darren Dreger: Pat Brisson, Streit’s agent, will begin contract talks with Flyers GM Paul Holmgren. They are looking for a four-year deal.

Mark Streit

Shane Harper