Meltzer’s Musings: Read Extension, Prospect Updates

SATURDAY QUICK HITS

* The Flyers announced yesterday that they have signed Matt Read to a four-year contract extension. The deal is worth $14.5 million, with an annual cap hit of $3.625 million. Basically, Read received in the neighborhood of what his market value would have been as an unrestricted free agent this summer. Having UFA leverage drives a player's cost higher than a comparable restr

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