A busy day for Ron Hextall didn't end until late evening Monday.

After trading Scott Hartnell earlier in the day, Hextall inked Brayden Schenn to a two-year extension worth $5 million.

Schenn, 22, notched his first 20-goal season this year and had a career-high 41 points in 82 games. Schenn, traded to the Flyers exactly three years ago, was mostly the second-line center, although he spent some time as a left wing.

Although it's possible that Schenn ends up taking Hartnell's spot as the top-line left wing, the Flyers realize he's a natural center.

From a financial standpoint, the deal offers Hextall and the Flyers a chance to breathe a little bit. They now have roughly $1.86 million in cap space with the only void to fill being the backup goalie slot.