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Flames Sign Devin Cooley To Two-Year Extension

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The Flames have signed goaltender Devin Cooley to a two-year extension, according to his agent, Gold Star Hockey’s Dan Milstein. The deal carries an average annual value of $1.35MM for a total value of $2.7MM, Chris Johnston of TSN and The Athletic reports.

Few goaltenders have seen their stock rise since training camp as much as Cooley’s has. The 28-year-old entered Calgary’s camp with just six games of NHL experience to his name, coming with the Sharks in the 2023-24 season. He was viewed as a challenger, but not the favorite, to Russian free agent pickup Ivan Prosvetov to begin the season as Dustin Wolf’s backup.

Neither performed exceptionally well in the preseason, leading Calgary to opt to keep Cooley and waive Prosvetov – a move made more out of familiarity than anything else. He’s in the back half of a two-year, league minimum deal he signed as an unrestricted free agent in 2024 and served as the starter for the AHL’s Calgary Wranglers last season, going 21-17-7 with a .905 SV%, 2.94 GAA, and three shutouts en route to an All-Star Game nod.

Not only has Cooley since emerged as one of the better backup options in the league, but he’s also outperformed Wolf by a significant margin – albeit in a lesser workload. In 10 starts and three relief appearances, he’s 11th in the league in save percentage (.914) and goals against average (2.40). He is second in the league with 1.046 goals saved above expected per 60 minutes among qualified netminders (≥12 GP), per MoneyPuck.

As Wolf continues to recapture his game following his spectacular rookie effort, he’ll have Cooley as a fine No. 2 option behind him at a highly affordable cap hit. The 28-year-old Cooley, instead of testing free agency next summer, locks in early to land the first six-figure cap hit of his career.

Image courtesy of Walter Tychnowicz-Imagn Images.

Guy Chouinard Passes Away

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The Calgary Flames alumni group shared this morning that former player Guy Chouinard has passed away at age 69.

Hailing from Quebec City, Quebec, Chouinard was a dominant major junior player in the early 1970s for the QMJHL’s Quebec Remparts. In three years with the Remparts, Chouinard averaged just over two points per game, finishing with 147 goals and 359 points in 179 games.

That impressive run led to him being selected with the 28th overall pick (then in the second round) of the 1974 NHL Draft by the Atlanta Flames. He only appeared in nine games for the Flames throughout his first two professional seasons. Still, he won the Calder Cup with the AHL’s Nova Scotia Voyageurs in 1976, scoring 40 goals and 80 points in 70 regular-season contests, with another six goals and 15 points in nine playoff games.

His one-year stint with the Voyageurs would be his last in the minor leagues for some time. Beginning in the 1976-77 season, Chouinard was one of, if not the best, offensive players on the Flames, and remained that after the move to Calgary for the 1980-81 season. In the team’s final four years in Georgia, Chouinard scored 126 and 292 points in 309 games while earning votes for the Lady Byng Trophy in 1979-80.

Much of the reason the Flames nearly made the Stanley Cup Final in their first year in Alberta was due to Chouinard, who scored three goals and 17 points in 16 games during that year’s playoff run. He finished his time in Calgary after the 1982-83 campaign with 67 goals and 235 points in 196 contests. The Flames traded him to the St. Louis Blues for future considerations ahead of the 1983-84 season, and he finished with 12 goals and 46 points in 64 games.

Retiring early after the 1984-85 season, Chouinard bounced around the QMJHL until the 2009-10 season, serving as head coach of the Longueuil Chevaliers, Victoriaville Tigres, Verdun Jr. Canadiens, Trois-Rivières Draveurs, Sherbrooke Faucons, Laval Titan Collège Français, Remparts, and the Prince Edward Island Rocket. He was inducted into the QMJHL Hall of Fame in 2005 and is second in games coached (988), wins (515), and championships (4).

Still, despite his lengthy run as a bench boss in the QMJHL, he’ll be remembered as one of the greatest players in Flames history. He was the franchise leader in assists and points when he retired, and has since fallen to eighth and ninth, respectively.

We at PHR send our condolences to Chouinard’s family, friends, and loved ones.

Martin Pospisil Resumes Skating

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  • A recent 20-assist forward may return to the Calgary Flames relatively soon. Earlier today, Wes Gilberton of Postmedia reported that Martin Pospisil has resumed skating and is hoping to return shortly after the new year. Pospisil, who scored four goals and 25 points in 81 games for the Flames last season, has yet to play this year after suffering an undisclosed injury during preseason action.

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Latest On Rasmus Andersson, Blake Coleman

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Less than a week ago, defenseman Rasmus Andersson publicized his commitment to the Calgary Flames, suggesting that he spurned the trade interest in him last offseason by being unwilling to sign a long-term extension. However, in a recent episode of Frankly Hockey with Frank Seravalli, the insider reported that Andersson is willing to join a team that plays in an area of the United States without a state income tax, and that the Dallas Stars have shown the most interest.

Much has been made of the teams that play in no-income-tax states recently. Since the 2019 Stanley Cup Final, at least one team has been from a no-income-tax state, with the Colorado Avalanche being the only recent champion from a state that has one. If one of those teams were to be the one that ultimately acquires Andersson, it would be another instance of the rich getting richer.

If that’s the only qualifier for Andersson, which is unrealistic, the Florida Panthers, Nashville Predators, Seattle Kraken, Tampa Bay Lightning, and Vegas Golden Knights would join the Stars as potential suitors. However, given the competitive states of the Predators and Kraken, only the Panthers, Lightning, Golden Knights, and Stars would make theoretical sense.

All four teams are among the league’s best, though there are legitimate arguments for not acquiring Andersson. The Panthers, for example, are no strangers to big moves, but already have Seth Jones and Aaron Ekblad on the right side of their defensive core.

Still, the other three have a legitimate need for a top-four defenseman, particularly from the right side. Andersson would easily complement Thomas Harley in Dallas, Ryan McDonagh or Victor Hedman in Tampa Bay, or Noah Hanifin or Shea Theodore in Vegas.

The interesting note from Seravalli’s report is that the Stars are not only interested in Andersson but also have kicked the tires on Blake Coleman. Coleman, who’s signed through next season at a $4.9MM cap hit, would be an immediate upgrade to Dallas’ middle-six. He’s scored 10 goals through 36 games this season and is only a few years removed from helping the Lightning win back-to-back Stanley Cup Finals, scoring eight goals and 24 points in 48 games.

Unfortunately, if the Stars were to acquire Coleman and sign Andersson to a longer-term extension after acquiring him, it would make it nearly impossible for the team to retain Jason Robertson, who’s a pending restricted free agent. Dallas could potentially make a move or two to make the money work, but Robertson’s value has risen dramatically this season, scoring 23 goals and 44 points in 37 games.

Ultimately, only time will tell if Andersson and Coleman are eventually moved. Despite a recent string of hot play, the Flames remain five points back of the final wild-card spot in the Western Conference, and don’t appear poised to make a significant postseason run, even if they do qualify.

Flames Waive Dryden Hunt, Recall Justin Kirkland

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Dec. 19: Hunt cleared waivers and can now be reassigned to the Wranglers, per Friedman.

Dec. 18: The Flames placed forward Dryden Hunt on waivers Thursday, according to Elliotte Friedman of Sportsnet. The move will allow Calgary to assign him to the AHL before the holiday roster freeze goes into effect Saturday if he clears.

Calgary later announced it’s recalled forward Justin Kirkland from the Wranglers, signaling Hunt will be heading down to the AHL tomorrow if he clears and should remain there through the holiday freeze, barring multiple injuries. The 29-year-old Kirkland was on the Flames’ opening night roster but was waived in November after scoring one assist in nine games.

In 14 games for the Wranglers since being demoted, he’s rattled off five goals and two assists with a -8 rating. He’s now set for another run at being Calgary’s 13th forward. The Flames have an open roster spot, so they don’t need to wait for Hunt to clear waivers before adding Kirkland to the roster.

This is Hunt’s fifth time on waivers since the Flames acquired him from the Maple Leafs before the 2023 trade deadline, and his second time this season, so it seems likely he’ll pass through without incident. Calgary hasn’t leaned on the 30-year-old for much playing time over three separate recalls this season, as he’s only entered the lineup twice. However, since he’s now spent more than 30 days on the active roster since clearing waivers during training camp, he now needs them again to return to the minors.

While the nine-year NHL vet may not be of much use to the Flames outside of serving as a no-fuss 13th forward, he’s continued to light up the AHL. In 16 games for the Calgary Wranglers this season, the 6’0″ winger has five goals, 13 assists, and 18 points to lead the team in points per game (1.13).

Without Hunt rostered, Calgary won’t be carrying any extra forwards. They can still add him back to the active roster during the freeze if they sustain an injury because not being able to ice 12 forwards counts as an emergency condition. They might also simply keep him on the roster if he clears tomorrow, resetting the 30-day clock until he needs them again.

Flames’ Jake Bean Undergoing Undisclosed Surgery, Out Indefinitely

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The Flames are shutting down defenseman Jake Bean indefinitely due to his undisclosed injury, Pat Steinberg of Sportsnet 960 reports. He’s undergoing surgery, with no certainty that he’ll be back this season.

Bean hasn’t played since Dec. 6, missing Calgary’s last four games over what’s been a light schedule. He was placed on injured reserve shortly thereafter. His injury has been plaguing him for some time, Steinberg said, perhaps explaining his diminished impact in Calgary if it dates back to last season.

The Flames signed Bean to a two-year, $3.5MM contract in free agency in 2024. Since then, he’s managed only nine points in 80 games with a -7 rating while averaging 15:16 of ice time per night.

A first-round pick by the Hurricanes back in 2016, Bean has usually only carved himself a role if he’s clicking offensively. His career-best season came with the Blue Jackets in 2021-22, when he recorded 25 points in 67 games while averaging over 20 minutes per night. The following season, he was limited to 14 games before undergoing shoulder surgery that ended his campaign in November. He hasn’t had the same impact since and was non-tendered by Columbus following the 2023-24 season, leading to him signing with his hometown Flames.

Calgary will now be down a depth option on defense for the foreseeable future. His absence should mean more guaranteed playing time for in-season call-up Yan Kuznetsov on the left side. He’s played in 20 straight since being recalled from the AHL’s Calgary Wranglers in early November and has skated at least 20 minutes in his last 13 games.

Latest On Rasmus Andersson

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Dec. 17th: In a recent interview with Andrew Knoll of RG Media, Andersson admitted that it was he himself who spurned a lot of the interest in him dating back to last season. Knoll quoted Andersson saying, “There were some reports saying I only gave one choice, and that’s just not true. We spoke many times during the summer and obviously there was some interest from other teams. But I just wasn’t ready to sign, and I didn’t really want to sign a deal [at all] after how last year ended. That was the kicking point for the other teams, that they needed an extension, and I just wasn’t willing to go there.”

Additionally, in typical hockey fashion, Andersson expressed his desire to remain with the Flames instead of going elsewhere, saying, “I’m not really looking that deep yet. I’m trying to focus on the Flames. I hope I remain here this season, and then we’ll see what happens in the future. I don’t know what’s gonna happen in the future. So, I try to take it day by day and just enjoy every day as it comes. Every game in this league is a grind. You’ve gotta grind it out more nights than you’d think. And I love playing for the Flames. I always have, and I always will.”

Dec. 16th: The NHL trade market was re-ignited last week with the blockbuster trade of Quinn Hughes to the Minnesota Wild, but it wasn’t the only deal: the Edmonton Oilers and Pittsburgh Penguins swapped starting goalies as well. Now, it appears more significant trades could be coming. Insider Pierre LeBrun reported on TSN’s Insider Trading segment that in the aftermath of last week’s Hughes deal, “the Calgary Flames suddenly got more calls on Rasmus Andersson.”

That Andersson’s name is popping up in trade rumors is not a new development. Andersson was front-and-center in transaction-related reporting throughout the summer, and LeBrun even noted on TSN that the defenseman was nearly traded at last year’s deadline. Capable, proven top-four defensemen are a rare commodity in the NHL, and Andersson figures to be one of the few available for trade at this moment. As a result, interest in acquiring him is robust.

As far as which teams might be interested in trading for the Flames rearguard, LeBrun highlighted one key player in the trade talks: the Toronto Maple Leafs, whose hockey operations decision-making is led by former Flames GM Brad Treliving.

Andersson was drafted No. 53 overall by the Flames during Treliving’s tenure as general manager. His emergence into a two-way NHL force has made him one of the best draft picks from Treliving’s time as GM of the Flames.

Treliving is far from the first general manager to covet a former player after switching jobs, but it appears interest between Toronto and Andersson is mutual. LeBrun reported on TSN that “the Leafs would be one of the teams that perhaps Andersson would consider extending with” in the event that he is traded.

Should Andersson be dealt in a sign-and-trade transaction, similar to the way Noah Hanifin was traded from Calgary to the Vegas Golden Knights, the Flames figure to benefit from a stronger return package than if he was dealt as a rental. As a result, the Flames could have an increased level of motivation to deal Andersson to Toronto compared to another destination where he might not be as interested in re-signing.

Another factor in these reported trade talks between the two teams is the relationship between Treliving and current Flames GM Craig Conroy. Treliving was hired as Flames GM in April 2014, and shortly afterward, in June 2014, Conroy was promoted to assistant GM. Conroy was a key lieutenant for Treliving before succeeding him as Flames GM, and its possible their prior working relationship could make for an easier path to reaching an agreement on a trade for Andersson.

Taking a look at Toronto’s defensive depth chart, it’s no great mystery why they’d be interested in adding Andersson, even if there was no previous connection between their GM and the player. Andersson is the top right-handed defenseman currently available for trade, and the right side of Toronto’s defense has been ravaged by injuries. Chris Tanev remains out and it was reported on Dec. 2 that Brandon Carlo would miss “extended time.” Carlo hasn’t played since Nov. 13.

Toronto lined up tonight against the Chicago Blackhawks with left-handed Oliver Ekman-Larsson on the right side next to Morgan Rielly, journeyman Troy Stecher on the second pairing, and left-handed Henry Thrun on the right side of their third pairing. While Stecher has played well in Toronto, that’s hardly an ideal situation for a team that hopes to contend for a Stanley Cup to be in.

It’s fair to question whether Toronto would be best suited surrendering its top trade assets for a rental player when the club sits one point off of last place in the Eastern Conference. But while Toronto’s play hasn’t merited it to this point in 2025-26, the organization is likely still operating with the goal of winning a Stanley Cup on an immediate basis, and trading for Andersson would support that goal. Whether an Andersson trade would be enough to morph this year’s Maple Leafs into a true contender, though, is the key question.

Photos courtesy of Sam Navarro-Imagn Images

These Pending UFAs Have Increased Their Stock

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The 2026 UFA class had been highly anticipated for quite some time free agency even opened this year. That excitement only grew through July and August as many potential UFAs didn’t sign extensions with their current clubs. However, that feeling was quickly dampened in the fall as players like Kirill Kaprizov, Connor McDavid, and Jack Eichel began signing new contracts, taking the energy out of the 2026 free-agent frenzy. While many stars have signed new deals, a noticeable group of talented players is still set to hit the open market on July 1, 2026, with some having significantly boosted their stock after a strong start to the season.

Jack Roslovic has encountered two difficult situations in the UFA market, with the first ending in him signing a one-year, $2.8MM deal with the Carolina Hurricanes in 2024. His second attempt this past summer saw him join the Oilers for one year at $1.5MM. This year’s outcome was quite unexpected, given that Roslovic played well last season with 22 goals for Carolina, yet a multi-year deal that suited him never materialized. Roslovic was not alone this summer; defenseman Matt Grzelcyk also couldn’t secure a multi-year contract that met his expectations, despite having a career-best season last year in Pittsburgh.

This summer, however, Roslovic seems to be positioning himself for a multi-year deal that has eluded him. Injuries could affect his market value, but through 23 games in Edmonton this season, the 28-year-old has scored 10 goals and added eight assists. He’s also averaging over three more minutes of ice time per game compared to his career average. These impressive stats could spark a bidding war for his services if he stays healthy and maintains his current level of performance for the remainder of the season.

Nick Schmaltz is another forward whose performance this season has increased his value. The 29-year-old has 30 points (12 goals and 18 assists) in 34 games, and he will likely exceed his current $5.85MM cap hit when he signs his next contract next summer. Schmaltz’s impending free agency puts the Utah Mammoth in a tough spot, as Schmaltz has recorded back-to-back 60+ point seasons and is on track to do so again, which could raise his next cap hit to around $9MM annually.

The Mammoth might not want to commit to that kind of deal for Schmaltz, which means they will either trade him before the trade deadline or let him walk for nothing at the end of the year. Utah reportedly held trade talks for Schmaltz last summer, and it doesn’t seem likely that a deal will be finalized soon, meaning Schmaltz might enter the open market at the best possible time.

Another forward whose future remains uncertain is Alex Tuch of the Buffalo Sabres. Tuch has scored 11 goals and 17 assists in 31 games and initiated contract talks at the beginning of the season, which puts the Sabres in a difficult position. The Sabres find themselves in a familiar spot at the bottom of the standings, and while Tuch has done his part, the team appears to be heading nowhere. If Tuch continues at his current pace, his value will only increase, which might be what the Sabres want if they plan to trade the Syracuse, New York native.

Two veterans nearing the end of their careers are Evgeni Malkin of the Pittsburgh Penguins and Artemi Panarin of the New York Rangers. Both entered this season with significant questions about their futures, and so far they’ve performed well, raising even more questions about what lies ahead for them.

Evgeni Malkin seems to have no interest in playing anywhere in the NHL other than Pittsburgh. This could lead to some interesting contract negotiations after the season if he maintains his current level of play. Malkin is in the final season of a four-year, $24.4MM contract he signed in the summer of 2022. Many believed last summer that the 2025-26 season could be Malkin’s last in the NHL and possibly his final season as a player at all. However, with the 39-year-old experiencing a significant resurgence this season with eight goals and 21 assists in 26 games, there’s a chance he continues playing, especially if Pittsburgh remains competitive and has a role for him moving forward. Nobody could have predicted that the Penguins would start the season as they have. With more young players emerging and an incredible amount of cap space next summer, the short-term future for Pittsburgh actually looks quite promising. It seemed unlikely that Malkin would receive a contract offer from Pittsburgh next summer, but now it seems like a real possibility he returns, assuming he can maintain his current work rate.

For Panarin, it’s not so much his play this season that has raised his profile, but rather the better options being taken off the table next summer. With many of the top pending UFAs now tied up in extensions, Panarin has risen on the list as one of the best offensive options available. The 34-year-old, for his part, remains a point-per-game player with 11 goals and 22 assists in 33 games, which should attract a healthy market despite his age by NHL standards. AFP Analytics is projecting a four-year, $41MM deal for Panarin, which, considering market conditions and his performance, looks pretty feasible.

On defense, arguably the top available player is Rasmus Andersson of the Calgary Flames. Andersson had a tough year last season but has bounced back in 2025-26, which should give him a strong market if and when he hits free agency. The Flames have started poorly this year, opening up the possibility that Andersson becomes a key trade piece before the NHL Trade Deadline, giving him a chance to play meaningful hockey in the spring if he joins a contender. The 29-year-old has been used in more defensive roles this season but has still managed 22 points in 33 games, after recording just 31 points in 81 games last season. If Andersson maintains this offensive level, his cap hit could rise closer to $9MM a season on his next contract, likely the last major deal of his career. Some teams might hesitate because of his less successful past seasons, but for now, Andersson is hitting his stride at just the right moment.

A couple of honorable mentions to round things out include forwards Victor Olofsson, Jaden Schwartz, and Kiefer Sherwood. Olofsson signed his second straight one-year “prove it” contract this summer, signing with the Colorado Avalanche for a $1.575MM AAV. Since then, Olofsson has been a steady performer for the Avalanche, recording seven goals and 12 assists in 32 games. AFP Analytics projects a three-year deal at $3.41MM per year, which would be a nice bump for the 30-year-old.

A year ago, Schwartz looked like a player who would need to accept a significant pay cut when his current contract ends. The 33-year-old is currently earning a $5.5MM AAV in the final year of a five-year deal. After scoring 49 points last season, Schwartz is on pace for a 65-point season this year, which would be a career best. Considering that level of production, AFP is predicting a two-year deal worth just under $10.8MM, which would be a slight decrease from his next contract but not the huge drop expected a year ago.

Sherwood has become a bit of a goal scorer since joining the Vancouver Canucks in the summer of 2024 as a free agent. He is on track to surpass 20 goals for the first time in his NHL career (after posting 19 a year ago), and the timing could not be better since he is expected to hit the open market next summer. His lack of long-term NHL experience may somewhat limit Sherwood’s market value, as he was a late bloomer, becoming a full-time NHLer at the age of 28. He has just one season with more than thirty points (last year), but if he can do that again, he should still attract a team willing to offer a multi-year deal at an AAV that might surprise some people.

Flames Activate Zayne Parekh From IR, Recall Dryden Hunt

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The Flames announced a pair of roster moves on Friday. Rookie defenseman Zayne Parekh was activated from injured reserve and subsequently loaned to Canada’s national junior team ahead of the 2026 World Junior Championship, which begins on Boxing Day in Minneapolis and St. Paul. They also added forward Dryden Hunt back to the active roster after reassigning him to the AHL’s Calgary Wranglers yesterday – something they’re eligible to do because he played for the minor-league club last night.

Parekh, 19, is still finding his way in his first professional season. It’s unclear whether he’ll be added back to Calgary’s roster after the tournament or if they’ll opt to have him finish the season with the OHL’s Saginaw Spirit. He’s ineligible for a full-time AHL assignment this season as a teenage player under the NHL-CHL transfer agreement.

His underwhelming first few games in the NHL don’t change his stature as the Flames’ top prospect, though. Selected ninth overall in the 2024 draft, Parekh led the OHL in points by a defenseman in back-to-back seasons before making Calgary’s roster out of camp this fall. Last year, he became just the 15th defender in OHL history to record a 100-point season and the first since Ryan Ellis hit 101 in 2010-11. But through 11 appearances in Calgary after scoring in his debut in Game 82 last season, he was limited to one assist and only averaged 14:46 of ice time per game.

Whatever momentum Parekh had ground to a halt on Nov. 7 against the Blackhawks when he sustained an upper-body injury. He hasn’t played since. Instead of an AHL conditioning stint or a direct reinstatement, he’ll get his feet wet again in Canada’s WJC training camp over the next couple of weeks after he was one of the most notable tournament snubs in recent memory last year.

As for Hunt, the 30-year-old is settling into a role as Calgary’s 13th forward with Samuel Honzek out for the season and Martin Pospisil still stuck on injured reserve. The journeyman has found some stability in the Flames organization, now in his third year there after he was initially acquired from the Maple Leafs in 2023. He’s got an 18-36–54 scoring line in 237 games for his NHL career, but has suited up just seven times for the Flames since the beginning of 2024-25.

Nonetheless, he remains a reliable, no-fuss press box option who lights up the minors when he’s there. He had a two-assist performance with the Wranglers last night against Coachella Valley to give him 18 points in 16 games on the year, looking to lock in his second straight season at or above a point per game. While more intriguing names long-term, like Matvei Gridin and Rory Kerins, are also lighting up the AHL circuit, Hunt’s development isn’t going to be interrupted by long spells in the press box if he’s not needed in the lineup.

Flames Place Jake Bean On Injured Reserve

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The Flames moved defenseman Jake Bean to injured reserve earlier today, per Ryan Pike of Flames Nation. He’s missed the last two games with an undisclosed injury, his last outing being Dec. 6 against the Mammoth. He’s technically eligible to return for their next game against the Kings on Saturday, but will presumably miss more time than that.

This season has been a slog for the 27-year-old Bean. A first-round pick back in 2016, he’s been a frequent healthy scratch and has only played in 16 of Calgary’s 32 games. When dressed, he’s managed two points with a -7 rating while averaging 15:57 of ice time per game. He’s averaging a career-low 0.19 hits per game.

Despite the gaudy rating, the 6’1″ lefty has managed some good possession impacts. His 55.3% Corsi share ranks fourth on the team (min. 10 games), and his pairings with Brayden Pachal and MacKenzie Weegar have controlled 64.1% and 58.3% of expected goals at 5-on-5, respectively. He’s been the victim of abysmal shooting luck and goaltending, logging a PDO of 90.4 at even strength, which is second-worst on the team.

Calgary recalled Hunter Brzustewicz from the AHL earlier in the week in Bean’s absence. The 21-year-old was spectacular in his season debut last night against the Red Wings. He had a +1 rating and six shot attempts in 15:47 of ice time, and the Flames allowed just three shot attempts at 5-on-5 while he was on the ice. If that keeps up, Bean’s already diminished playing time may be gone entirely when he returns from injury.

The Calgary native is a pending unrestricted free agent after signing a two-year, $3.5MM deal as a free agent in 2024.

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