Value Investors Guide to Flyers Trades

The Flyers made a lot of changes, but is the organization better? The Flyers are a hockey team, an appendage of a vertically integrated content and cable behemoth. While at Comcast things are measured solely by dollars and cents, profits and sales, hockey finance is a bit more complicated.

There are players, contracts, draft picks, cap space and future considerations. These are all used as currency to win the Stanley Cup, but the principles should be the same as in basic finance, buy low and sell high, and when the right opportunity is there, be ready to go all in.

When the Flyers hired Chuck Fletcher, they had parted ways with Ron Hextall who had meticulously created cap space, hoarded prospects and draft picks. Fletcher was given a stocked cupboard and the cleanest salary cap situation in a decade.  Hextall had gathered the assets, it was now up to Fletcher to construct a team that could win the Cup.  Has the flurry of summer activity brought the team any closer to Lord Stanley, has the team increased or decreased their assets?