Sunday: The Flames officially announced the deal, which as reported, is a one-year, two-way deal at $700K.
Saturday: Reports surfaced yesterday that the Flames and Tobias Rieder were working towards a contract. It appears a deal has been reached as both John Matisz of The Score (Twitter link) and PuckPedia (Twitter link) report that Rieder has signed a one-year, two-way deal with the latter adding that the winger will receive a guaranteed $400K while his salary in the NHL will be the league minimum $700K.
To say that last season was a disaster for the 26-year-old would be an understatement as he went the entire year without a goal, collecting just 11 assists in 67 games despite logging a respectable 12:39 per night in ice time. That resulted in him being non-tendered by Edmonton back in June over giving him a $2MM qualifying offer and him needing to go the PTO route to secure a new contract.
However, Rieder’s speed still makes him an effective weapon in the bottom six and on the penalty kill and while he didn’t score last year, he had double-digit goal totals in his previous four NHL seasons between Arizona and Los Angeles so there’s a little upside with this move if he can return to his previous form. If not, it’s a no-risk proposition that would see his entire cap hit removed if he cleared waivers and was sent to the AHL so the move is certainly a worthwhile one for the Flames.