Owen Tippett agreed to an eight-year, $49.6 million contract with the Philadelphia Flyers on Friday.
The contract, which starts next season, has an average annual value of $6.2 million.
“We’re very confident in what we’ve seen, which is why we were willing to make that commitment to Owen,” Flyers general manager Daniel Briere explained. “He’s part of the core, and we’re excited.”
Tippett is in the final season of a two-year, $3 million contract ($1.5 million AAV) signed with the Flyers on July 29, 2022, and could become a restricted free agency at the end of the season. In 46 games this season, the 24-year-old forward is tied for third on the Flyers with Sean Couturier on 30 points and second in goals (18) behind Travis Konecny (22).
“I don’t think it’s still setting in,” Tippett said Saturday. “It’s pretty remarkable, and being able to be a part of that group for the next eight years will be really special. I’m very happy to be here in Philadelphia and grow the group we have.”
Breaking down Owen Tippett’s contract extension