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Flyers buying out Ilya Bryzgalov deal

Updated: June 25, 2013, 7:20 PM ET
Associated Press

VOORHEES, N.J. -- Calling the decision to sign Ilya Bryzgalov two years ago a "costly mistake," the Philadelphia Flyers will buy out the remainder of the goalie's hefty contract.

The move made Tuesday saves the team nearly $6 million under the salary cap for each of the next seven years. Bryzgalov was two seasons into a $51 million, nine-year contract he signed in 2011.

"Obviously it's a costly mistake that we made," general manager Paul Holmgren said. "You know Ilya, it's ...

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