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Flames, Connor Zary Making Progress On Three-Year Deal

September 2, 2025 at 1:03 pm CDT | by Josh Erickson Leave a Comment

The Flames are “getting closer” to a resolution with restricted free agent Connor Zary, David Pagnotta of The Fourth Period reports Tuesday. It’s likely to be a three-year deal when it finally gets across the finish line, in line with what Calgary’s front office was reportedly aiming for in talks last month.

The cap hit on said deal will likely be in the neighborhood of $3.5MM, as indicated by AFP Analytics’ projections from the beginning of the offseason. Cap space was no object in talks for the Flames, who still have over $15MM in flexibility for opening night with only Zary left to sign, according to PuckPedia.

Zary ended up as one of the longest RFA negotiations this summer after plateauing in his sophomore season. After scoring 34 points in 63 games in 2023-24 and finishing eighth in Calder Trophy voting, he churned out 27 points in 54 games last year – a decrease of 0.04 points per game. Matters weren’t helped by a pair of lower-body injuries, including a knee injury that ended his season a few weeks early.

There’s still some room to grow for Zary, though. He turns 24 later this month and was Calgary’s first-round pick (No. 24 overall) in 2020. So far, that billing seems appropriate – his 61 career points rank exactly 24th among 2020 draftees. He also took on consistent top-nine and more frequent top-six deployment last season, averaging north of 16 minutes per game.

As he continues to work on building up his offensive acumen, he should expect a similar role in 2025-26. The Flames will begin camp with no notable changes to their forward group over the offseason, meaning a spot on the wing alongside either Mikael Backlund or Nazem Kadri should be his for the taking. It’s not as if he hadn’t been making linear progress up until last year – he steadily increased his production in the minors before exploding with AHL Calgary to start 2023-24, scoring 10 points in six games before earning his first NHL recall and never looking back.

A three-year deal would keep Zary under team control in the summer of 2028, but that’s Calgary’s last chance to negotiate with him as an RFA. Any subsequent deal he signs will lead him to unrestricted free agency.

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