In a move aimed at reshaping their roster for the upcoming season, the Philadelphia Flyers have reportedly put winger Cam Atkinson on waivers for the purpose of a contract buyout. The decision, made by General Manager Daniel Brière, comes on the day of the first round of the 2024 NHL Entry Draft.

Atkinson, who has one more year remaining on his current contract with a $5.875-million AAV, will now become a free agent and is free to sign with any team. The buyout provides the Flyers with some short-term financial relief, saving them approximately $3,516,666 in cap space for the upcoming 2024-25 season. However, this decision also comes with a penalty against the cap for the 2025-26 season.

With the buyout, the Flyers now have around $4.3 million in cap space for the next season, though this amount does not factor in the potential signings of prospects or any other roster additions. Currently, the team has 12 NHL forwards under contract. However, further changes may occur if the Flyers decide to part ways with players like Scott Laughton.

While the decision to buy out Atkinson's contract extends the cap hit to two seasons, Brière acknowledged that it was a difficult choice to make. He commended Atkinson for his work ethic, professionalism, and leadership both on and off the ice. Throughout his two seasons with the Flyers, Atkinson scored 36 goals and 78 points in 143 games.

The Flyers organization expressed gratitude for Atkinson's contributions and assured him a place within the team even after his departure. Brière wished Atkinson and his family success in their future endeavors.

The buyout of Atkinson's contract reflects the Flyers' ongoing efforts to optimize their roster and make room for potential new signings. As the offseason progresses, the Flyers will continue their preparations for the upcoming NHL season, considering both internal replacements and external acquisitions to strengthen their team.