6:34 pm: CapFriendly reports the AHL salary for Stone’s two-way deal is $400K. He’s set to receive $450K guaranteed.
1:26 pm: As suggested by their placement of Nicolas Meloche on waivers today, the Calgary Flames have signed veteran defenseman Michael Stone to a one-year, two-way contract. The deal will pay him $750K in the NHL.
This is Stone’s fourth consecutive one-year deal with the Flames at the league minimum, following a buyout of his previous three-year contract with the club. He will continue a relationship with the organization that started in 2017 and become the latest player to convert his PTO.
It’s not like Stone has been a regular during that time. He has played just 79 regular season games over the last four seasons combined but during last year’s playoffs he showed exactly why it is so important to have capable veterans available. In nine postseason games, as the Flames dealt with injuries on the back end, Stone registered five points including two goals.
Adding him as the extra body makes sense, especially if he is fully healthy. The 32-year-old does have more than 500 games of NHL experience and a familiarity with the coaching staff, meaning he’ll be a useful piece to put in and out of the lineup as necessary.