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Flyers re-sign Brayden Schenn to four-year contract

PHILADELPHIA, PA - APRIL 24: Brayden Schenn #10 of the Philadelphia Flyers looks on during warm-ups prior to playing the Washington Capitals in Game Six of the Eastern Conference First Round during the 2016 NHL Stanley Cup Playoffs at the Wells Fargo Center on April 24, 2016 in Philadelphia, Pennsylvania. (Photo by Len Redkoles/NHLI via Getty Images)
(Photo by Len Redkoles/NHLI via Getty Images)

The Philadelphia Flyers and young forward Brayden Schenn avoided salary arbitration and came to terms on a four-year contract.

According to TSN’s Bob McKenzie, the average annual value of Schenn’s contract with the Flyers is worth $5.125 million.

The 24-year-old Schenn was one of the bigger names on the salary arbitration list this offseason. Last year he finished with 59 points and 26 goals – both career highs – in 80 games played. He held a 49.78 score and venue adjusted 5-on-5 CF% and a minus-0.25 5-on-5 score and venue adjusted CF% Rel.

Schenn had reportedly asked for $5.5 million on a one-year deal in the arbitration hearing while the Flyers had countered with $4.3 million against the salary cap on a two-year contract.

As our Ryan Lambert pointed out, splitting the difference would have come out to $4.9 million, which was close to what the Flyers and Schenn settled on in regards to average per-year salary.

His arbitration date was set for Monday and his agent, Don Meehan, and the Flyers both indicated that they would probably go through the process.

Broad Street Hockey noted that one of Schenn’s comparable players was New Jersey Devils forward Kyle Palmieri, who recently signed a five-year $23.25 million contract with the New Jersey Devils. Both are the same age and were first-round draft picks in 2009. They also had similar numbers last season.

We can also guess that Schenn will probably not make less than Kyle Palmieri. All of Schenn’s scoring statistics — both recent and full-career — surpass those of Palmieri, making his $4.65 million cap hit and $23,500,000 total value the probable floor for a Schenn extension.

Finally, we can infer that Schenn’s deal will likely be no less than four years in term, so long as he doesn’t make it to arbitration. Players in our dataset with two years of RFA status remaining averaged a length of five years on their next contract, so if the two camps plan to use comparables in the negotiating process, a short-term deal seems unlikely.

With Schenn’s deal, the Flyers have $1,388,334 of salary cap space left this offseason. The only RFA on their NHL roster left to re-sign, according to General Fanager, is defenseman Brandon Manning, who made $625,000 last season.

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Josh Cooper is an editor for Puck Daddy on Yahoo Sports. Have a tip? Email him at puckdaddyblog@yahoo.com or follow him on Twitter!