The Flyers acquired forward Ryan Johansen from the Avalanche as part of a trade for Sean Walker before the deadline.
The team had planned on either trying to move Johansen or putting him on waivers but it was then announced that he was injured which made it impossible for the Flyers to reassign him to the AHL.
As such, his cap impact for the Flyers is now $4MM instead of the reduced $2.85MM they have as a buried penalty while Johansen is in the minors. Per CapFriendly, this reversal leaves Philadelphia just over $500K in cap space.
Now that Johansen is injured, the team is forced to hold onto to him and his full cap hit until the end of the season leaving the Flyers with just over $500K in cap space.