Flyers sign Joel Farabee to six-year contract extension

Chuck Fletcher just doesn’t stop. After a very active July bringing in new faces, he spent August and September locking up a few key pieces of the franchise. That continued on Thursday with the Flyers signing Joel Farabee to a six-year, $30 million ($5 million AAV) contract extension.

The contract will go into effect beginning with the 2022-23 season.

The #Flyers signed Farabee to 6 Yr $5M cap hit extension:

Yr 1 1M Salary + 2M Signing Bonus
Yr 2 2.25M + 2M SB
Yr 3 3M + 2M SB
Yr 4 4.25M + 1.5M SB
Yr 5 6M
Yr 6 6M

Does not include trade protection.

Rep’d by @shawn_hunwick R4PAhttps://t.co/zxzwk3NSrY

— PuckPedia (@PuckPedia) September 2, 2021

“We consider Joel to be a key piece of our core moving forward and we’re very happy to have him signed to a long-term extension,” Chuck Fletcher said. “In a short amount of time, Joel has proven to be one of the brightest young talents in the NHL. His hockey IQ, skill set, and passion for the game have all contributed to his early success and we feel that there is tremendous upside to his game yet. He plays a 200-foot game and has earned the trust and respect of his coaches, management, and all of his teammates.”

Last season was Farabee’s second in the NHL. He posted 38 points (20 goals, 18 assists) in 55 regular-season games, missing only one game due to COVID protocol. He hit the 20-goal mark in dramatic fashion in the Flyers’ season finale.

Those 20 goals led the Flyers in scoring and he became the second-youngest Flyer (Eric Lindros) to lead the team in goal-scoring in a single season.

Farabee took a big step forward last season. He only had 21 points (eight goals, 13 assists) in 52 games as a rookie. Last season, he jumped up to 38 points in 55 games.

For his efforts, Farabee won the 2020-21 Pelle Lindbergh Memorial Trophy as the “Most Improved” player in a vote by his teammates.

Joel Farabee is expected to be a big part of the Flyers’ future. He’s just 21 years old and will be a part of the Flyers’ top-six forward group for years to come.

Photo: Heather Barry Images