PHILADELPHIA (CBS) — The Matvei Michkov era in Philadelphia is now officially official.
The Flyers signed the 19-year-old Russian right winger to a three-year entry-level contract on Monday afternoon.
According to CapFriendly, Michkov’s ELC carries a cap hit of $950,000 with a base salary of $855,000 and a signing bonus of $285,000 — paid in annual installments of $95,000. The contract also includes performance bonuses of up to $3.5 million per season.
Last week, Mikkov’s KHL team, SKA Saint Petersburg, released him from his contractallowing him to make the transition to the NHL.
“We are pleased to have Matvei under contract and look forward to him joining our team during training camp in September,” Flyers general manager Danny Brière said in a statement. “We have been closely monitoring his development since the draft and to be able to add a player like Matvei, who brings a high level of talent, skill and game-breaking ability, he will be an important part of our future .”
In a statement from the Flyers, Michkov said he is “extremely pleased to officially become part of the Flyers family.”
“It’s been a dream of mine since I was a kid to play in the NHL,” Mikkov added.
Philadelphia selected Michkov with the seventh overall pick in the 2023 NHL draft, the first of two selections last summer.
Michkov then still had three seasons left deal with SKA Saint PetersburgWith relations between the NHL and KHL strained after Russia invaded Ukraine, Michkov was not expected to join the Flyers until at least 2026-27, if at all.
But the Flyers got some good news last week when SKA Saint Petersburg released Michkov.
Michkov’s KHL rights remain with SKA Saint Petersburg.
Last season, Michkov played one match at SKA Saint Petersburg before being loaned to HC Sochi. He led Sochi with 19 goals and was second on the team with 41 points.
The Flyers open development camp on Tuesday, but Michkov will not attend. The team also released its full development camp schedule on Monday.
