Flyers will not pursue Stamkos

The Philadelphia Flyers will not be floating an offer sheet to Steven Stamkos, reports Tim Panaccio of CSNPhilly.

Paul Holmgren on the Flyers’ free agency direction:

“We’re not going to do anything on it [extend offer sheet to Stamkos]. We explored it and decided it’s not the way for us to go at this time.

We’re excited about the additions we made and the direction we’re going right now. We’ll explore things tomorrow [when free agency begins] but a restricted free agency offer sheet is not the way we will go.”

Stamkos is the best player that is, hypothetically, available. Holmgren and the Flyers’ lack of interest in pursuing him could mean that they plan on bidding for Brad Richards, or perhaps Holmgren is satisfied with top-end talent he has and will elect to pursue role players through free agency. Panaccio noted the loss of two key draw men in Mike Richards and Jeff Carter, and mentions John Madden and Michal Handzus as potential targets for the Flyers.

Avalanche sitting on a pile of money heading into free agency

The Colorado Avalanche need to spend a Glen Satherian amount of money to meet the cap floor for next season. Adrian Dater on how the Avalanche may spend:

As of Thursday night, only two other NHL teams — Florida and Phoenix — had more room than the Avalanche to spend under the league’s new $64.3 million salary cap. With a cap-averaged current payroll of $33,795,833, the Avs need to spend nearly another $15 million just to get to the league’s mandated cap minimum of $48.3 million.

Goaltender is the Avs’ biggest area of need. Colorado is without a veteran presence as a starter or backup in net, and there is at least one reliable veteran expected to be available. That would be Tomas Vokoun, who turns 35 on Saturday and had a cap hit of $5.7 million on his last contract with Florida.

The Avs could also sign a position player or two. Some younger forwards with talent are expected to be available, including Philadelphia left wing Ville Leino, Tampa Bay forward Sean Bergenheim and Nashville forward Joel Ward.

#JagrWatch – now with more teams?

Our good friend Greg Wyshynski of Puck Daddy runs down the latest in Indecision 2011 Jaromir Jagr’s interested parties. Yes, this could end up being the story of the day… and a sad day it would be.

Potential targets in Nashville

Josh Cooper of The Tennessean lists a pair of 27-year olds in Chris Higgins and Scottie Upshall as players that the Predators may pursue. First order of business is getting that RFA debacle sorted out, though.