Flyers sign Schultz to two-year, $4.5 million extension

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Last month, we passed along word that Philadelphia and veteran defenseman Nick Schultz were in talks for a new contract.

On Wednesday, the Flyers made it official.

Schultz has agreed to a two-year, $4.5 million extension with a $2.25M annual cap hit, per Sportsnet. The deal will keep the 32-year-old in Philadelphia through 2017, and is something of a redemption — Schultz arrived in Philly on a one-year, $1.25 million deal last summer as a depth defenseman but has proven to be a key part of the blueline this season.

In 55 games this year — Mark Streit is the only Flyers d-man to play more — Schultz has two goals and 13 points while averaging 19:08 TOI per night. The former Wild, Oiler and Blue Jacket has also been a key part of Philly’s penalty kill this season, sitting second on the team in shorthanded ice time (2:36 per game.)

It’ll be interesting to see how Flyers fans react to this move, however. This is the third blueliner Philly has locked up after watching for a relatively short period of time — Nicklas Grossmann and Andrew MacDonald were both inked to extensions not long after coming aboard — and while Schultz has been a mainstay on the PK this year, the PK has been dreadful, currently ranked 28th in the NHL.

The deal could also signify a move for defenseman Braydon Coburn, who has been linked to trade rumors in the past and is in the penultimate year of his four-year, $18 million deal (with a $4.5M cap hit.)