They’re keeping him.

Flyers general manager Ron Hextall has decided not to buy out forward Sam Gagner for the purposes of clearing more cap space.

Gagner, acquired in the bizarre salary cap circumvention deal after the NHL draft on Saturday involving Chris Pronger’s dead contract money and fellow defenseman Nicklas Grossmann, told that the Flyers called him to welcome him aboard for the coming season.

They had until Tuesday to buy him out.

“I’m very excited and motivated,” Gagner said in a phone interview. “I’m looking forward to having a great year.”

He admitted not getting much rest the last 72 hours wondering what the Flyers' decision would be.

“I didn’t sleep much,” the 25-year-old said. “You are worrying where you are going to be. Now that the fact Philly had a chance to go over everything and keep me, I’ve very excited.

“It’s a great organization with a lot of history. They have a great young team, and it’s going to be fun to be there.”