CSN Philadelphia reports it is worth $675,000 at the NHL level.
Manning, 23, was an American Hockey League all-star last season for the Adirondack Phantoms. He had six goals and 15 assists in 65 games with Adirondack, where he was an alternate captain.
Manning played six games with the Flyers last season, with two assists. He played four NHL games in 2011-12.
He was signed as an undrafted free agent in the spring of 2011.