According to TSN, the Flyers have signed defenseman Mark Streit to a 4 year contract worth 21 million dollars.
Streit was set to become a UFA on July 5th. The Flyers acquired his rights last week in a deal with the Islanders.
This deal more than likely signals the end of Ilya Bryzgalov and Danny Briere in Philadelphia.
Being an over 35 contract, I think the Flyers will regret this deal at some point within the next two or so years.