[2] The Flyers went from the worst team in the league during the previous season to the Eastern Conference Finals, losing to the Pittsburgh Penguins in five games.
An 8–3–4 run in March coupled with two vital wins over the New Jersey Devils and the Pittsburgh Penguins over the final weekend of the regular season put the Flyers back in the playoffs as the sixth seed and set for a first round matchup with the Washington Capitals.
Despite being outshot the majority of the series, the Flyers upset Montreal in five games and advanced to the Eastern Conference Finals for the first time since 2003–04 to face the Pittsburgh Penguins.
Before the start of the series, the Flyers suffered a fatal blow when it was learned that defenseman Kimmo Timonen was out with a blood clot in his ankle.
Coupled with a gruesome facial injury to Braydon Coburn in Game 2, Pittsburgh ran roughshod over the Flyers' depleted defense and jumped out to a 3–0 series lead.
[29] In a 3–2 win against the Toronto Maple Leafs on January 5, goaltender Antero Niittymaki made 54 saves on 56 shots against, both team single game records.
[73] The Phantoms, with Craig Berube returning as head coach, finished second in their division and won their first round playoff series against the Albany River Rats in seven games.