CSNPHILLY.COM: Tim Panaccio reports Philadelphia Flyers GM Paul Holmgren said his team has explored the option of submitting an offer sheet to Tampa Bay Lightning center Steven Stamkos, and decided against it. Part of the reason against doing so was that it could’ve cost between $8.5-$12 million per season, which would’ve taken up a large percentage of their salary cap, as well as created difficulty in clearing sufficient cap space.

SPECTOR’S NOTE: And with that, the nearly week-long speculation about the Flyers pursuing Stamkos is over. The Flyers will pursue depth at center on July 1st, but not expensive talent like Stamkos and Brad Richards. Lightning GM Steve Yzerman has apparently let it be known around the league his club will match any offer for Stamkos, even a league maximum worth over $12 million per season.